Container Shipping Industry Faces Profit Challenges
Carriers’ average operating margin falls to 1.5% generalizing profit challenges in the container shipping industry,…
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Carriers
10 Billion dollar container shipping carriers fall from seven to three
The number of publicly traded container carriers with market capitalizations exceeding USD 10 billion has dwindled…
Amazon Drought Forces Carriers to Divert Ships from Manaus
El Niño climate phenomenon prolongs the worst drought in the Amazon river, forcing carriers to divert ships from…
Chinese Carriers Benefit from Subsidies Amid Declining Profits
According to sources, Chinese Carriers Benefit from Subsidies Amid Declining Profits.
Shipping lines re-deliver expensive chartered vessels due to low freight rates
The Covid bonanza ending has forced Shipping lines re-deliver expensive chartered vessels due to low freight rates,…
Failure of carriers’ schedules generates consequences
Widespread port congestion, equipment shortages and a lack of vessels will mean that a return to "normalcy" in…