Hyundai Mipo Dockyard, in South Korea, recently completed the delivery of the CMA…
Hyundai Mipo Dockyard, a shipbuilder based in South Korea, recently completed the delivery of the CMA CGM ERMITAGE…
Maersk recovers most of share loss from Dali accident
AP Moller Maersk, the Danish shipping conglomerate, faced a significant hit to its stock price immediately…
ONE to 3Mteu capacity fleet by 2030
Set to invest USD 25 billion by 2030 to expand its fleet capacity to 3Mteu by debt/equity ratio of around 6:4,…
Container Carrier Stocks Decline as Red Sea Crisis Influence Wanes
Container carrier stock prices decline as freight rates but are yet to reach pre-conflict levels, according to…
Baltimore Bidge Collapse
In the early hours of Tuesday, a significant bridge in Baltimore collapsed following a collision with a container…
Idle Container Ship Fleet Stabilizes in March Amidst Global Shipping Trends
Despite the decreasing trend due to the war in the Red Sea, the idle container ship fleet stabilizes in March 2024.
ZIM Faces Losses in 2023, Eyes Profit in 2024
Israeli carrier ZIM disclosed a substantial net loss of USD 2.7 billion for the fiscal year 2023, primarily…
Wan Hai Lines reports Annual Loss as Operating Costs Surpass Revenues
According to Alphaliner, Wan Hai Lines reports Annual Loss as Operating Costs Surpass Revenues.
Evergreen Marine Achieves Net Profit Exceeding USD 1 Billion
Evergreen Marine Achieves Net Profit Exceeding USD 1 BillionEvergreen Marine Corp (EMC), Taiwan's largest…
Container Shipping Industry Faces First Negative Operating Margins Since 2018
Top carriers average operating margins plunging into negative territory for the first time since 2018, according to…