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…
CMA CGM revenues drop by half in Q2 2023
According to sources, a significant decline in financial profits during the second quarter of the year, reporting a…
COSCO Shipping issues first electronic bill of lading for Bulk Cargo
COSCO Shipping Bulk Co Ltd, a subsidiary of State-owned China COSCO Shipping Corp, has successfully issued the…
COSCO launches 700 TEU electric container vessel for Yangze voyages
According to sources, COSCO Shipping Development recently revealed the debut of a 700 teu electric container ship…
Ship Recycling Market Faces Mismatch as Prices Diverge
Shipyards are reluctant to match the prices offered for ships. Market condition cannot explain mismatch as prices…