Increase in grain exports raises maritime transport rates for dry bulk
LONDON, Feb 23 (Reuters) - Bumper soybean crops in Brazil and unsold grain stocks in the United States will boost…
Hapag-Lloyd proposes dividend payment of USD 12 MM
Hapag-Lloyd proposes to distribute €11.1bn ($11.9bn) in dividends to investors by fiscal 2022, Alphaliner informs.
HMM reports net profit of USD 8 MM in 2022, halving in 4Q
South Korea's largest container line, HMM, reports net profit of USD 8 MM in 2022, halving in 4Q (4th quarter),…
Maersk reports profits of USD 30 MM in 2022 expects a collapse of 85-95% in 2023
Despite registering profits of USD 30 MM in 2022, the forecast calls for a collapse of 85 to 95% in 2023 for…
The 3D of maritime transport (Shipping) in 2023
Decarbonization, digitalization and diversity are the 3 challenges facing maritime transport during 2023 and in the…
China blocked from takeover of Danish container company
Authorities protecting fair competition from Germany and the United States block China from acquiring a Danish…
The EU is the most important maritime trade ally of the EU
Recent Eurostat data shows that, in terms of total gross weight of goods, the United States was the EU's largest…
New container services connecting Guyana
CFS Launches Trinidad-Guyana Transport Service
Caribbean Feeder Services (CFS) has launched a weekly shuttle…
Classification of Chinese ports changes during the pandemic
A combination of changing trade patterns, pandemic-related closures, and strategic reorganizations has seen 8 of…
Debt payment improves credit rating for DP World
Moody's upgraded its credit rating on DP World to Baa2 from Baa3 after the company's net debt to EBITDA ratio fell…