CMA CGM Reports USD 785 Million Net Profit for Q1 2024
the French carrier CMA CGM announced a net profit of USD 785 million for the first quarter of the year, according…
Mega-Alliances on Asia-Europe Routes Still 10% Below Required Capacity
Mega-Alliances on Asia-Europe Routes Still 10% Below Required Capacity
Despite the addition of 1.14 million TEU…
UK Parliament Passes Landmark Bill to Ban Live Animal Exports
A significant milestone in animal welfare maritime legislation, UK Parliament Passes Landmark Bill to Ban Live…
4 Asian Shipping lines report operating and return on profit
The Non-COVID era bounces 4 Asian Shipping Lines to positive operating profit and return on profit.
Container mega alliances with 10% blank sailings in Asia-Europe trade
Average vessel size at 14,150 teu, thus, 509,400 slots are needed, accounting for 9.6% of the total capacity…
EUR 2.5 million in EU funding available for a new EMFAF MSP call
Today, May 7th, 2024, the European Commission launched a new call for proposals under the European Maritime,…
Hapag-Lloyd and IKEA collaborate to advance cleaner shipping
Hapag-Lloyd has entered a cooperation with IKEA Supply Chain Operations to decarbonise the container shipments…
Expected growth in the Ship recycling market
Ship recycling markets in various key destinations have displayed contrasting trends over the past week,…
Hapag-Lloyd launches its first dry container tracking system
Hapag-Lloyd launches its first dry container tracking system
Hapag-Lloyd introduced a groundbreaking service this…
MSC Offers $700 Million for Gram Car Carriers
MSC Offers $700 Million for Gram Car CarriersGeneva-based Mediterranean Shipping Company (MSC) has initiated a…