Maritime News Maersk withdraws bid for DB Schenker FullAvanteNews S.S Jul 4, 2024 0 Danish shipping giant Maersk will no longer pursue the acquisition of German logistics giant DB Schenker, according…
Maritime News 4 Asian Shipping lines report operating and return on profit FullAvanteNews S.S May 16, 2024 0 The Non-COVID era bounces 4 Asian Shipping Lines to positive operating profit and return on profit.
Containers Container mega alliances with 10% blank sailings in Asia-Europe trade FullAvanteNews S.S May 16, 2024 0 Average vessel size at 14,150 teu, thus, 509,400 slots are needed, accounting for 9.6% of the total capacity…
Maritime News Hapag-Lloyd and IKEA collaborate to advance cleaner shipping FullAvanteNews S.S May 7, 2024 0 Hapag-Lloyd has entered a cooperation with IKEA Supply Chain Operations to decarbonise the container shipments…
Maritime News Top 10 Global Shipping Container Ports 2023 FullAvanteNews S.S Apr 17, 2024 0 According to Alphaliner, Dubai's Jebel Ali port surpassed Rotterdam and Hong Kong underscoring the economic…
Containers Taiwan shipping companies report revenue growth FullAvanteNews S.S Apr 11, 2024 0 Taiwan's top shipping companies, Evergreen Marine and Yang Ming, have experienced significant revenue growth in the…
Containers Container Carrier Stocks Decline as Red Sea Crisis Influence Wanes FullAvanteNews S.S Mar 29, 2024 0 Container carrier stock prices decline as freight rates but are yet to reach pre-conflict levels, according to…
Maritime News Idle Container Ship Fleet Stabilizes in March Amidst Global Shipping Trends FullAvanteNews S.S Mar 26, 2024 0 Despite the decreasing trend due to the war in the Red Sea, the idle container ship fleet stabilizes in March 2024.
Containers ZIM Faces Losses in 2023, Eyes Profit in 2024 FullAvanteNews S.S Mar 26, 2024 0 Israeli carrier ZIM disclosed a substantial net loss of USD 2.7 billion for the fiscal year 2023, primarily…
Maritime News Container Shipping Industry Faces First Negative Operating Margins Since 2018 FullAvanteNews S.S Mar 20, 2024 0 Top carriers average operating margins plunging into negative territory for the first time since 2018, according to…