FMC Approves Gemini Cooperation Agreement
The U.S. Federal Maritime Commission (FMC) has approved the vessel sharing, Gemini Cooperation Agreement, according…
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MSC Signs Partnership Hengli Heavy Industries (China)
Mediterranean Shipping Company (MSC), the world's largest container carrier, has entered into a strategic…
ZIM unveils significant Growth in Vessel Size
ZIM has made substantial strides in increasing its average vessel size, closing the gap with other top 10 carriers,…
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…
MSC and Hapag-Lloyd Prepare for Post-2M Era
After the termination of the 2M Vessel Sharing Agreement with Maersk in January 2025 with shipping lines project…
Ocean Network Express Reports 70% Profit Surge in Latest Quarter
Singapore-based carrier Ocean Network Express (ONE) has posted a remarkable increase in profits for the April-May…
Yang Ming Announces New Leadership and Fleet Expansion Plans
Significant changes to its senior management team alongside plans to expand its fleet for the Taiwanese Shipping…
Tonnage Shortage Hits Ship Recycling Market
The ship recycling market faced significant challenges last week due to a persistent shortage of tonnage, according…
Alphaliner: Charter Market Quiet Amid Summer Lull
According to Alphaliner, the container charter market has slowed over the past two weeks due to the traditional…