Container Shipping Industry Faces Profit Challenges
Carriers’ average operating margin falls to 1.5% generalizing profit challenges in the container shipping industry,…
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Shipping
Hapag-Lloyd: Solid Q3 Profits, Uncertainty in Q4
According to the carrier and other sources, Hapag-Lloyd reported solid profits in Q3 but foresees uncertainty in…
CMA CGM: Sharp Decline in Q3 Net Profit
A staggering sharp decline in Q3 Net profits for CMA CGM compared to the same period in 2022, according to sources.
MSC and Maersk untangle the transatlantic 2M fleet
MSC and Maersk continue to change the way they cooperate on the major east-to-west trade routes. The 2M partners…
DP World and Rosatom Join Forces for Arctic Route Development
Dubai-based ports and logistics giant DP World has inked a partnership with Russian nuclear agency Rosatom to…
Silk Alliance Members Present Vision for Green Shipping Corridor Cluster
A collaborative industrial consortium initiated by the Lloyd's Register (LR) Maritime Decarbonisation Hub, the…
Crowley Granted First LNG Bunkering Permit for Panama Canal Pacific Side
Crowley, was granted the inaugural permit by the Panama Maritime Authority (AMP) to offer LNG bunkering on the…
Can the International Shipping Industry be Net Zero Emissions by 2050
Wood Mackenzie published a report the International Shipping Industry becoming Net Zero Emissions by 2050.
BRAZIL: New Joint Venture “Norcoast” by Hapag-Lloyd and Norsul
the German shipping giant Hapag-Lloyd and Brazilian waterway logistics firm Norsul have joined forces in a…
10 Billion dollar container shipping carriers fall from seven to three
The number of publicly traded container carriers with market capitalizations exceeding USD 10 billion has dwindled…