MSC on a buying spree of 207 second-hand ships
Mediterranean Shipping Company (MSC) is on a second-hand ship buying spree, now above 207, reports Alphaliner.
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containers
Bulgaria will help Ukraine move cargo in the Black Sea
Logistics in the Black Sea suffers from the blockade of Ukrainian seaports, Bulgaria will help Ukraine to move…
Hapag-Lloyd acquires Deutsche Afrika-Linien (DAL)
Germany's Hapag-Lloyd acquires Deutsche Afrika-Linien (DAL), a boutique shipping line focusing on South Africa and…
USA approves major Maritime Transport Reform Law
The US House of Representatives approves major Maritime Transport Reform Act, and USA's president, Biden, is ready…
MSC would seek majority stake in Global Ports
MSC Mediterranean Shipping Co. SA is considering acquiring a majority stake in the world's largest cruise port…
Shipping lines’ Operating margin increases
Shipping lines' Operating margin increases in the first quarter of 2022 compared to the last quarter of 2021,…
ZIM reports net profit of $1.7 billion
ZIM reported a record net profit of $1.7 billion for the first quarter of 2022, nearly triple a year ago, after…
Evergreen reports highest operating margin of shipping lines from Taiwan
Evergreen reports the highest operating margin of Taiwan's three lines, coinciding with its rise to position six in…
Hapag Lloyd reports record operating profit
The German shipping line, Hapag Lloyd, reports record operating profit for the first quarter of 2022, increasing by…
Port congestion worsens in Northern Europe
Adding to the problem of cargo delivery in China and COVID lockdowns, port congestion in northern Europe worsens…
