HMM’s Annual Profit Dips 90% but Remains in Profit Territory
Hyundai Merchant Marine (HMM), South Korea's leading container carrier, saw its net profit for 2023 plummet by 90%…
Browsing Tag
Maritime information
Potential Vessel Overcapacity Looms Amid Red Sea Crisis
Potential Vessel Overcapacity Looms Amid Red Sea Crisis, despite some carriers welcoming new additions to their…
HMM Privatization Deal Collapses as Harim Group Withdraws
South Korea's Harim Group has pulled out of a deal to acquire a majority stake in the country's largest container…
Maersk Reports Substantial Losses in Q4
Maersk Reports Substantial Losses in Q4, Share Price Plummets leading to the suspension of the share repurchase…
MSC Expansion Boosts Scrubber-Fitted Capacity
MSC Expansion Boosts Scrubber-Fitted Capacity to 36% of Container Shipping Fleet, according to Alphaliner.
Digitalization of Global Shipping: Maritime Single Window (MSW)
Advancing digitalization in the shipping industry, implementation of the mandatory "Maritime Single Window" (MSW)…
Second-Hand Container Ship Sales Decline
Industry Faces Challenges Amidst Newbuilding Tonnage and Carbon Intensity Regulation, second-hand container ship…
MSC Leads the Charge in New Container Ship Deliveries in 2024
According to Alphaliner, MSC Leads the Charge in New Container Ship Deliveries in 2024.
Suez Canal Revenues Decline 40% Amid Red Sea Conflict
The revenue of the Suez Canal witnessed a significant 40% decline, according to the Suez Canal Authority (SCA)
Red Sea risks adverse shipping pushes Cape diversions
Navigation safety has not been fully restored, risks in the Red Sea pushes Cape Of Good Hope diversions, according…