Tuesday, November 24, 2020
Home News

News

Category Added in a WPeMatico Campaign

Giving thanks to seafarers

The coronavirus disease 2019 (COVID-19) has shown all of us what a challenge it is to isolate from family, friends, and co-workers. That isolation has become more acute as we head into the holiday season when most of us...

Shipping industry still has to convince IMO on decarbonization fund

A group representing the major container lines has some convincing to do in order to gain the International Maritime Organization's (IMO's) support of...

H1 retail restocking hinges on holiday sales, unemployment benefits

Whether a third wave of the COVID-19 pandemic will curb this holiday shopping season and unemployment benefits...

Container line profits soar as service plunges

The robust profits container lines reported in the third quarter, the best in a decade, stand in stark contrast to dismal service levels and worsening container...

Maersk enjoys a ‘comfortable’ forwarder relationship: Skou

Maersk CEO Søren Skou said he was “very comfortable” with the carrier’s forwarder relationship, and dismissed suggestions that the slight loss in third-quarter market share could be...

Strong Q3 demand drives up CMA CGM profitability

The carrier joins its peers in posting highly positive third-quarter results, with the container shipping industry...

Maersk’s profitable Q3 builds on non-ocean growth strategy

Plans for Maersk’s logistics business to become the “growth engine” of the group were on display in A.P. Møller-Maersk’s highly profitable third-quarter result, with the division continuing to capture a greater...

Sustained volume, rate growth spurs Maersk earnings upgrade

Maersk has upgraded its 2020 earnings guidance for the third time this year as demand on the major trades and soaring freight rates propel the carrier toward a highly profitable annual result.On the eve...

Container lines set path to standardize facility coding

Two non-profit organizations in the container shipping industry said Tuesday they have standardized codes used to identify a range of containerized facilities, part of a broader goal...

Elevated Asia-Europe spot rates a poor market indicator: Hapag-Lloyd

Soaring spot rates on Asia-Europe are not a true reflection of the overall market where more than half the containers on the trade are carried under long-term contracts at far lower price...

MOST COMMENTED

Dry Bulk Shipping: China’s demand keeping the dry bulk market going

Overview An impressive recovery in Chinese dry bulk imports has protected the industry from the effects of falling demand in the rest of the...

HOT NEWS