Maersk reports operating loss for shipping division, warns 2024 could be ‘dire’
Maersk reports operating loss for shipping division, warns 2024 could be ‘dire’Danish transport group AP…
World container fleet: three million teu now 20 years or older
World container fleet: three million teu now 20 years or older
Just under 3.0 Mteu of cellular containership…
HHLA Board Approves MSC Takeover Offer
The Executive and Supervisory Board of HHLA approve the take over offer by Mediterranean Shipping Company, further…
Shipping Industry Expands Container Production to Asia and the USA
The shipping industry is taking proactive steps to reduce its reliance on China by establishing steel container…
Container Charter Market Faces Challenges
According to Alphaliner, the container charter market is experiencing various challenges making it less appealing…
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…
COSCO Quarterly Net Earnings Plummet to USD 650 Million
COSCO SHIPPING announced a substantial decline in its quarterly net earnings, with a net profit of RMB 4.78 billion…
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…
Panamá Canal: Further restrictions on ships due to drought
the Panama Canal is set to impose additional reductions in the number of ships permitted to cross, due to the most…
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…