Final lap for Hyundai Merchant Marine (HMM) Acquisition
LX International Withdraws, Leaving Dongwon Industries and Harim Group in Final Lap for HMM Acquisition, according…
Shipping lines Expand in Latin America and Africa Trade Routes
Global shipping trends shift and capacities realign following the impact of COVID-19 on global trade. Shipping…
Maersk and Goldwind Ink Groundbreaking Green Methanol Offtake Agreement
Maersk signs landmark green methanol offtake agreement, significantly de-risking its low-emission operations in…
Historic Arrival of MS Hamburg: Buenaventura Welcomes First-Ever Cruise Ship
Buenaventura, Valle del Cauca, marked a significant milestone on Wednesday, November 22, as it welcomed its…
Hannover Shipping Company Expands Vital Panama – Venezuela Service
Hannover Shipping Company (HSC) expands, with a significantly larger vessel, its Panama - Venezuela service,…
ZIM Reports USD 2.3 Billion Net Deficit in Q3
Primarily attributed to an impairment loss, ZIM Reports USD 2.3 Billion Net Deficit in Q3 Amidst Challenging Market…
Container Shipping Industry Faces Profit Challenges
Carriers’ average operating margin falls to 1.5% generalizing profit challenges in the container shipping industry,…
Wan Hai Lines Resurfaces with Q3 Profit Amidst consecutive losses
According to sources, Wan Hai Lines Resurfaces with Q3 Profit Amidst Yearly Challenges marking a significant…
Evergreen: Profits Plunge Q3 versus 2022 but resilient on a Q vs Q basis
Evergreen witnessed a substantial drop in operating profits in Q3 compared to 2022. Nonetheless, shows resilience…
HMM: USD 70 Million Q3 Profit Amidst Industry Challenges
South Korean Shipping Giant HMM Faces Tough Quarter as Partial Privatization Unfolds amidst industry challenges,…