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• Maersk: Asian attack Maersk boss Nils Andersen has pledged to defend his group’s boxship market share in the face of price-cutting from competitors.
• Maersk Line back in profit Maersk Line returned to profit in the first quarter with a result of $204m compared to loss of $599m through the same period of last year.
• Yang Ming chops loss Taiwan's Yang Ming has cut its first quarter loss as costs were reduced.
• TT Club boosts reserve The Through Transport Mutual Insurance Association made a surplus of $4.2m last year to lift its free reserve to almost $150m.
• US volumes to weaken Growth in US container imports could “trickle to a standstill” by the end of the summer, a leading trade association has warned.