Significant Capacity Increase for Latin American-Related Services
Significant Capacity Increase for Latin American-Related Services
The global container fleet experienced a 10.6%…
Analyst Predicts 50% Increase in COSCO’s Annual Profit
Analyst Predicts 50% Increase in COSCO’s Annual Profit
COSCO Group is anticipated to more than double its net…
Suez Canal Extends Rate Discount Amid Red Sea Crisis
Suez Canal Extends Rate Discount Amid Red Sea Crisis
The Suez Canal Authority (SCA) has extended its discount for…
Maersk Increases 2024 Earnings Forecast to USD 1-3 Billion
Maersk Increases 2024 Earnings Forecast to USD 1-3 Billion
Maersk Group, which operates the world's second largest…
Major congestion in world ports disrupts global shipping
The diversion of vessels around the Cape of Good Hope has created significant disruptions in global shipping,…
Legal action against the UK government over oil and gas licences
Oceana UK attests that the UK Government issued these licences without adequately considering the environmental…
US Federal Maritime Commission (FMC) opens discussion on Gemini Cooperation…
The Gemini Cooperation Agreement involves the coordination of global vessel operations through a 'hub and spoke'…
Samsung Seeks Compensation from HMM for ‘Erroneous’ D&D Charges
Samsung Seeks Compensation from HMM for 'Erroneous' D&D Charges
The U.S. subsidiary of Korea's Samsung group…
DP World and ICTSI Lead Revenue Growth in 2023
DP World and ICTSI Lead Revenue Growth in 2023
Dubai-based DP World solidified its position as the top global…
ZIM Expects No Losses in 2024 Amid War and Rising Profits
Israeli shipping company ZIM Integrated Shipping Services Ltd. has revised its earnings forecast for 2024 reporting…