Thailand’s TTA sinks to loss

Thai shipping and commodities group Thoresen Thai Agencies (TTA) saw a reversal of fortunes when it posted a 1Q15 net loss of THB288.3 million baht (USD8.6 million).
This is in marked contrast to the profit of THB182.7 million reported in the same period last year.
With interests in transport,

CMA CGM more than quadruples Q1 profits

French container line operator CMA CGM has followed up on its strong 2014 profit performance with a spectacular first quarter one, posting net profits up more than fourfold year on year to USD406 million.
The result compares with a USD97 million net profit in the first quarter of last year and a

LA-Long Beach box volume falls

Box volume at America’s largest container port complex fell 5.2% year on year in April as Los Angeles and Long Beach continued to work through congestion backlogs.
After surging 63.2% year on year in March, total imports at the two ports fell 2.2% to 645,516 teu compared with April 2014. Exports