COSCO Group $3.1 Billion Net Profit in Q3, Driven by Strong Volume Growth
COSCO Group, the Chinese shipping giant listed in Hong Kong and Shanghai, has reported a net profit of USD 3.1…
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CMA CGM Reports Strong Q3 Profits Amid Increased Shipping Demand
CMA CGM's highest quarterly earnings in over 18 months, largely driven by an uptick in volumes and higher shipping…
International Shipping Emissions on the Rise, Weak Energy Efficiency Gains
UCL Energy Institute and UMAS report reveals a concerning increase in greenhouse gas (GHG) emissions from…
Maersk: Profit increase in Q3, Peak for 2024
Maersk: Booming Profits of USD 2.8 billion in Q3, 41% jump in revenue from liner operations, Predicts Peak for 2024…
Korea Increases Stake in HMM, Sparking Renewed Privatization Speculation
The South Korean government has increased its stake in the country's largest shipping company, HMM, to 67.05%,…
Carriers Cut Capacity in Transatlantic Trade before Fleet Reshuffles
According to Alphaliner, Carriers Cut Capacity by 8.2% in Transatlantic Trade before Fleet Reshuffles.
CMA CGM and SUEZ Sign Long-Term Biomethane Deal for LNG Fleet
According to sources, CMA CGM and SUEZ Sign Long-Term Biomethane Deal for LNG Fleet, spanning until 2030.
Harim Group Open to Second Bid for HMM Following Failed Sale
Korea's Harim Group has confirmed its interest in submitting a new bid for the country's largest container shipping…
LNG Orders Surge as Methanol-Fueled Ship Demand Drops in 2024
According to Alphaliner, LNG Orders Surge as Methanol-Fueled Ship Demand Drops in 2024 reflecting concerns over the…
Green Shipping Coalition Urges Action on Emissions Reduction Amid IMO Delays
the Green Shipping Coalition (GSC) raised concerns over the slow progress in implementing key measures aimed at…