Hapag-Lloyd profits dip amidst challenging shipping industry
A 78% profit decline comparing Q2 year to year basis. challenging winds in the shipping industry for carriers,…
Blank sailings now a common practice in the shipping business
Major carriers are now treating these blank sailings as a common of the normal shipping business, particularly in…
COSCO Shipping receives methanol-ready multi-purpose ship
COSCO Shipping announces the latest addition – the second 68,000-ton ice-class methanol, multi-purpose pulp ship,…
Drought in Panamá Disrupts Global Trade, Exposing Climate Change Impact
unprecedented drought conditions in Panama have triggered significant delays and stringent trade restrictions along…
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
EU: July 2023 Sets Alarming Climate Records, Ocean Temperatures Soar
"We just witnessed global air temperatures and global ocean surface temperatures set new all-time records in July"…
Reefer container trade rates continue to thrive, defying market odds
According to Drewry, the container reefer trade rates are on surge drying market odds.
A.P. Moller Maersk Faces Market Share Decline as Rivals Gain Ground
Rivals as MSC and CMA CGM gain ground as Maersk's capacity market share in the container business declines,…
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…