COSCO’s Rise and ZIM’s Fall: Container Carrier Margin Rankings in Q2…
According to sources COSCO's Rise and ZIM's Fall: Container Carrier Margin Rankings in Q2 2023, overall shipping…
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Maritime
Hapag-Lloyd’s Foreign Bid for HMM Faces Backlash from South Korean Industry…
the Federation of Korea Maritime Industries (FKMI) and the Busan Port Development Association (BPDA) have raised…
ONE surges Ahead of Evergreen to Claim Sixth Spot in Global Container Shipping…
Ocean Network Express (ONE), headquartered in Singapore, has triumphed over Taiwan's Evergreen to secure the…
China Surpasses Greece to Become World’s Largest Maritime Fleet Owner
China surpasses Greece in total maritime gross tonnage, nonetheless, the latter still remains the top DWT maritime…
Maersk has violated merger regulation and faces fines
The merger required approval from the Danish competition authority, Maersk violated regulation and might face…
Blank sailings now a common practice in the shipping business
Major carriers are now treating these blank sailings as a common of the normal shipping business, particularly in…
COSCO Shipping receives methanol-ready multi-purpose ship
COSCO Shipping announces the latest addition – the second 68,000-ton ice-class methanol, multi-purpose pulp ship,…
Global Inactive Container Ship Fleet Shows Signs of Stabilization
Global Inactive Container Ship Fleet Shows Signs of Stabilization After Period of Growth, according to Alphaliner
Ocean Network Express (ONE) profits drop 90% in Q2 of 2023
A significant setback in profits during the second quarter of this year. ONE's net income plummeted by a staggering…
CMA CGM revenues drop by half in Q2 2023
According to sources, a significant decline in financial profits during the second quarter of the year, reporting a…