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Maritime News
Maritime News, ships, container ships, cargo, panamax, bulk carriers, containers, port terminals,
Taiwan shipping companies report revenue growth
Taiwan's top shipping companies, Evergreen Marine and Yang Ming, have experienced significant revenue growth in the…
MSC Faces Potential $63M Fine for Shipping Act Violations
MSC is under scrutiny by the Federal Maritime Commission (FMC) for alleged breaches of the US Shipping Act,…
Asian Shipping Lines have experienced a 25-30% increase in revenue
Evergreen and Yang Ming, two of Taiwan’s leading shipping companies, have experienced a 25-30% increase in…
Hyundai Mipo Dockyard, in South Korea, recently completed the delivery of the CMA…
Hyundai Mipo Dockyard, a shipbuilder based in South Korea, recently completed the delivery of the CMA CGM ERMITAGE…
ONE to 3Mteu capacity fleet by 2030
Set to invest USD 25 billion by 2030 to expand its fleet capacity to 3Mteu by debt/equity ratio of around 6:4,…
Container Carrier Stocks Decline as Red Sea Crisis Influence Wanes
Container carrier stock prices decline as freight rates but are yet to reach pre-conflict levels, according to…
Idle Container Ship Fleet Stabilizes in March Amidst Global Shipping Trends
Despite the decreasing trend due to the war in the Red Sea, the idle container ship fleet stabilizes in March 2024.
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…
Wan Hai Lines reports Annual Loss as Operating Costs Surpass Revenues
According to Alphaliner, Wan Hai Lines reports Annual Loss as Operating Costs Surpass Revenues.
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…