Hapag-Lloyd Shareholders Extend Alliance Until 2030
Hapag-Lloyd’s principal shareholders, Compania Sudamericana de Vapores (CSAV) of Chile and Germany’s Kühne…
FMC Approves Gemini Cooperation Agreement
The U.S. Federal Maritime Commission (FMC) has approved the vessel sharing, Gemini Cooperation Agreement, according…
40% of the World’s Container Fleet Now Equipped with Scrubbers
40% of the World’s Container Fleet Now Equipped with Scrubbers
As of September 6, 2024, 40% of the global…
COSCO Reports USD 1.6 Billion Profit, Focuses on Emerging Markets
COSCO Reports USD 1.6 Billion Profit, Focuses on Emerging Markets
COSCO Group, listed in Shanghai and Hong Kong,…
Carrier Margins Set New Record Outside of COVID Era
Carrier Margins Set New Record Outside of COVID Era
The leading container carriers (the nine largest companies…
OOCL Fleet Reaches 1 Million TEU
OOCL Fleet Reaches 1 Million TEU
Hong Kong-based shipping company OOCL quietly achieved a fleet size of 1 million…
MSC Signs Partnership Hengli Heavy Industries (China)
Mediterranean Shipping Company (MSC), the world's largest container carrier, has entered into a strategic…
ZIM unveils significant Growth in Vessel Size
ZIM has made substantial strides in increasing its average vessel size, closing the gap with other top 10 carriers,…
ZIM Shares Surge 17% After Strong Q2 Earnings and Raised Profit Forecast
Shares of ZIM Integrated Shipping Services Ltd. (ZIM) saw a significant 17% increase on Monday, following earnings…
Ports See Significant Throughput Increases in First Half of 2024
Ports See Significant Throughput Increases in First Half of 2024
Ports worldwide have reported substantial growth…