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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profit
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…
ONE: 1,000% Surge in Profits
ONE posts 1,000% Surge in Profits Amid Soaring Rates and Strong Demand, according to sources.
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…
ZIM Shares Surge 17% After Strong Q2 Earnings and Raised Profit Forecast
Shares of ZIM Integrated Shipping Services Ltd. (ZIM) saw a significant 17% increase on Monday, following earnings…
Maersk Reports Q2 Profit, but Trails Competitors
Maersk, the Danish shipping giant, returned to profitability in the second quarter, driven by improved shipping…
ZIM Expects No Losses in 2024 Amid War and Rising Profits
Israeli shipping company ZIM Integrated Shipping Services Ltd. has revised its earnings forecast for 2024 reporting…
ZIM Faces Losses in 2023, Eyes Profit in 2024
Israeli carrier ZIM disclosed a substantial net loss of USD 2.7 billion for the fiscal year 2023, primarily…
Container Shipping Industry Faces First Negative Operating Margins Since 2018
Top carriers average operating margins plunging into negative territory for the first time since 2018, according to…
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%…