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Maritime News
Maritime News, ships, container ships, cargo, panamax, bulk carriers, containers, port terminals,
Hyundai Mipo Dockyard, in South Korea, recently completed the delivery of the CMA…
Hyundai Mipo Dockyard, a shipbuilder based in South Korea, recently completed the delivery of the CMA CGM ERMITAGE…
ONE to 3Mteu capacity fleet by 2030
Set to invest USD 25 billion by 2030 to expand its fleet capacity to 3Mteu by debt/equity ratio of around 6:4,…
Container Carrier Stocks Decline as Red Sea Crisis Influence Wanes
Container carrier stock prices decline as freight rates but are yet to reach pre-conflict levels, according to…
Idle Container Ship Fleet Stabilizes in March Amidst Global Shipping Trends
Despite the decreasing trend due to the war in the Red Sea, the idle container ship fleet stabilizes in March 2024.
ZIM Faces Losses in 2023, Eyes Profit in 2024
Israeli carrier ZIM disclosed a substantial net loss of USD 2.7 billion for the fiscal year 2023, primarily…
Wan Hai Lines reports Annual Loss as Operating Costs Surpass Revenues
According to Alphaliner, Wan Hai Lines reports Annual Loss as Operating Costs Surpass Revenues.
Container Shipping Industry Faces First Negative Operating Margins Since 2018
Top carriers average operating margins plunging into negative territory for the first time since 2018, according to…
Hapag-Lloyd Faces Challenges Amidst Decline in Ocean Container Market
Hapag-Lloyd, one of the largest shipping lines, revealed the extent of challenges in the ocean container market…
Seychelles Becomes First African Nation to Ratify High Seas Treaty
A majority vote at Seychelles' National Assembly made the it the first African Nation to Ratify High Seas Treaty.
Container Ships Scale Up, Dominating Industry Trends
Container Ships surpassing 5,000 TEU are dominating Industry Trends by closing of 2050, according to BIMCO.