MSC widens the container shipping market lead over Maersk in 2023
MSC Dominates Global Container Shipping Market, Widens Lead Over Maersk in 2023, according to sources.
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Container
Global Container Carriers Impose Surcharges Amidst Route Disruptions
Due to war, ships are diverting from their original quicker routes; Surcharges are imposed on shippers by global…
Container Carriers Introduce Varied ETS Surcharges to Offset EU Emissions Trading…
As the EU Emissions Trading System (ETS) is set to take effect on January 1, container carriers are unveiling a…
Container Charter Market Faces Tightening Supply, Potential Rate Rebound
Tightening supply for modern energy-efficient tonnagemay potentially rebound rates in the container charter market,…
Hannover Shipping Company Expands Vital Panama – Venezuela Service
Hannover Shipping Company (HSC) expands, with a significantly larger vessel, its Panama - Venezuela service,…
Evergreen: Profits Plunge Q3 versus 2022 but resilient on a Q vs Q basis
Evergreen witnessed a substantial drop in operating profits in Q3 compared to 2022. Nonetheless, shows resilience…
HMM: USD 70 Million Q3 Profit Amidst Industry Challenges
South Korean Shipping Giant HMM Faces Tough Quarter as Partial Privatization Unfolds amidst industry challenges,…
Hapag-Lloyd: Solid Q3 Profits, Uncertainty in Q4
According to the carrier and other sources, Hapag-Lloyd reported solid profits in Q3 but foresees uncertainty in…
CMA CGM: Sharp Decline in Q3 Net Profit
A staggering sharp decline in Q3 Net profits for CMA CGM compared to the same period in 2022, according to sources.
Shipping Industry Expands Container Production to Asia and the USA
The shipping industry is taking proactive steps to reduce its reliance on China by establishing steel container…