U.S. gross domestic product increased 2.9 percent in the third quarter of 2016, according to the “advance” estimate from the Department of Commerce, following a revised increase of 1.4 percent in the second quarter.
In addition to the six 13,010-TEU Hanjin Shipping vessels to be chartered to Maersk Line, a group led by HSH Nordbank could also acquire another three ships and lease them out to Maersk’s 2M Alliance partner MSC, according to multiple media reports.
The truckload transportation and logistics services provider reported a net income of $23.4 million on $280.5 million in revenues in the third quarter of 2016, year-over-year decreases of 22.9 percent and 6.5 percent, respectively.
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The French shipping company, which acquired Neptune Orient Lines and its APL subsidiary earlier this year, is seeking a buyer for the APL container terminals.
The French ocean carrier has appointed Michel Delville, former CFO of high-tech battery manufacturer Saft Group, to replace outgoing Chief Financial Officer Michel Sirat, according to a statement from the company.
The Japanese ocean carrier estimates it will report extraordinary losses totaling 195 billion Japanese yen (U.S. $1.89 billion) in fiscal 2016 due to continued weakness in container and dry bulk freight rates, according to a statement from the company.