Drought in Panamá Disrupts Global Trade, Exposing Climate Change Impact
unprecedented drought conditions in Panama have triggered significant delays and stringent trade restrictions along…
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Shipping
Maersk Adjusts Guidance while profits dip
Maersk Adjusts Guidance Amidst Challenging Shipping Landscape, Profits Dip, according to Alphaliner
Global Inactive Container Ship Fleet Shows Signs of Stabilization
Global Inactive Container Ship Fleet Shows Signs of Stabilization After Period of Growth, according to Alphaliner
Ocean Network Express (ONE) profits drop 90% in Q2 of 2023
A significant setback in profits during the second quarter of this year. ONE's net income plummeted by a staggering…
CMA CGM revenues drop by half in Q2 2023
According to sources, a significant decline in financial profits during the second quarter of the year, reporting a…
COSCO Shipping issues first electronic bill of lading for Bulk Cargo
COSCO Shipping Bulk Co Ltd, a subsidiary of State-owned China COSCO Shipping Corp, has successfully issued the…
Container shipping lines capacity overview Q1 2023
Top 10 container shipping lines have adjusted their capacity: MSC and ZIM have decreased but Maersk surprisingly,…
Hapag-Lloyd gets final approval to acquire SAAM
Chile has unconditionally given the green light to the sale of the SAAM port terminal and logistics operator to…
FuelEU Maritime Initiative: Council Adopts New Law to Decarbonize EU’s…
The legislation, part of the EU's ambitious 'Fit for 55' package, aims to drive the maritime sector towards greater…
Arsenio Antonio Dominguez Velasco from Panamá Elected as IMO Secretary-General
Mr. Arsenio Antonio Dominguez Velasco from the Republic of Panamá as its new Secretary-General of the IMO, taking…