ZIM unveils significant Growth in Vessel Size
ZIM has made substantial strides in increasing its average vessel size, closing the gap with other top 10 carriers,…
Browsing Tag
Maritime
CMA CGM Reports USD 785 Million Net Profit for Q1 2024
the French carrier CMA CGM announced a net profit of USD 785 million for the first quarter of the year, according…
EUR 2.5 million in EU funding available for a new EMFAF MSP call
Today, May 7th, 2024, the European Commission launched a new call for proposals under the European Maritime,…
Hapag-Lloyd and IKEA collaborate to advance cleaner shipping
Hapag-Lloyd has entered a cooperation with IKEA Supply Chain Operations to decarbonise the container shipments…
Incease in the demand for private maritime security forces
Shipowners are increasingly seeking assistance from specialized maritime private security firms to safeguard crews,…
Experts Highlight the need for a Maritime Community at Future Ocean Forum
More than 30 experts underscore the need for a maritime community highlighting the risks and solutions for ocean…
Swedish Bank SEB Sets 2030 Net Zero Target for Shipping Sector
Gobal banks, aiming for shipping transition to net zero greenhouse gas emissions by 2050, according to sources.
MSC Faces Potential $63M Fine for Shipping Act Violations
MSC is under scrutiny by the Federal Maritime Commission (FMC) for alleged breaches of the US Shipping Act,…
Container Carrier Stocks Decline as Red Sea Crisis Influence Wanes
Container carrier stock prices decline as freight rates but are yet to reach pre-conflict levels, according to…
Idle Container Ship Fleet Stabilizes in March Amidst Global Shipping Trends
Despite the decreasing trend due to the war in the Red Sea, the idle container ship fleet stabilizes in March 2024.