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…
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Container
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…
Container Charter Market Faces Challenges
According to Alphaliner, the container charter market is experiencing various challenges making it less appealing…
DP World and Rosatom Join Forces for Arctic Route Development
Dubai-based ports and logistics giant DP World has inked a partnership with Russian nuclear agency Rosatom to…
APMT’s Suape Terminal to Launch in 2026
According to APMT, the new container pier at the Suape port in Brazil, is now expected to become operational in…
Ocean Alliance to Become World’s Largest Mega-Alliance as 2M Partnership…
Discontinuation of the 2M partnership pushes the Ocean Alliance to become the world´s largest mega alliance,…
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…
Italian Media Reports MSC Profit at USD 38 Billion in 2022
Mediterranean Shipping Company (MSC) achieved an astounding annual net profit of EUR 36.3 billion (USD 38.2…
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…