Hapag-Lloyd reports record operating profit of $18.5 billion by 2022
Hapag-Lloyd reported full-year operating profit (EBIT) of EUR 17.5 billion (USD 18.5 billion) for 2022, by far the…
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Maersk to integrate, not seek new alliance of container lines
Senior Maersk officials have informed Alphaliner the line will be integrated and will not seek to establish another…
Maersk abandons ‘Hamburg Süd’ and ‘Sealand’ brands
Maersk is abandoning the 'Hamburg Süd' and 'Sealand' brands as part of an upcoming restructuring, in favor of a…
Throughput Drops for COSCO Shipping Ports Seaports
Shanghai-based terminal group COSCO Shipping Ports posted a 2.2% decline in throughput for 2022 after a significant…
Port of Los Angeles remains as the number one port in the USA
According to Alphaliner, the Port of Los Angeles confirmed that it handled 9.9 Mteu in 2022, its second-best annual…
MSC orders 10 new ships of more than 11,000 TEU
MSC orders 10 new ships of more than 11,000 TEU. Según Alphaliner, sin desanimarse por su ya gigantico libro de…
COSCO Buys Stake in Food Logistics Specialist
Chinese carrier COSCO Shipholding will acquire a 5.8% stake in COFCO Fortune, a food processing and logistics unit…
ICS: Maritime Industry Flag State Performance Table 2022 – 2023
According to Safety4Sea, the ICS published the annual Performance Table of the flag states of the maritime industry…
Maritime transport affected by weak demand for Chinese products
Shipping lines are skipping ports in China as international orders fall and supply chain problems persist, the…
2M alliance will cease to exist as of January 2025
Container lines AP Moller-Maersk and MSC are set to end their 2M alliance in two years. The 2M alliance will cease…