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,…
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…
Dividend for ONE owner shows new market reality
Dividend for ONE owner shows new market reality
Japanese shipowner Mitsui OSK (MOL) will receive a USD 65 M divi-…