HAMBURG : Hapag-Lloyd has reported revenues of US$19.4 billion and profit of US$3.2 billion in 2023, translating to massive year-on-year drops from US$36.4 billion and US$18 billion, respectively.
RIYADH : The ports supervised by the Saudi Ports Authority ‘Mawani’ have recorded a growth in the statistics of imported containers by 16.88%, reaching 266,672 TEUs, compared to
SINGAPORE : Ocean Network Express (ONE) has announced the grand opening of the company’s new office space in Myanmar. The new ONE Myanmar office at Sakura Towers, Bogyoke
MOSCOW : Logistics companies and rail operators have reported a surge in demand for rail transport through Russia from Asia to Europe, following the disruption to sea lanes
YEMEN : A new threat emerged recently from the attacks by Iran-backed Houthis on shipping in the Red Sea that have caused delays to goods arriving in Europe
COPENHAGEN : After DHL withdrew from the race of DB Schenker’s acquisition last week, Danish shipping company DSV appeared to be the sole remaining candidate to proceed with
MARSEILLE : The CMA CGM Group, a global player in maritime, land, air and logistics solutions, is launching SEA REWARD, the first loyalty program for shipping customers. A
GENEVA : Maersk and CMA CGM have notified their customers about upcoming adjustments to their joint Bossa Nova/SIRIUS Service connecting the Mediterranean with the East Coast of South
ISTANBUL : Mersin International Port (MIP) clinched the “Best Port of the Year” Award for the first time at the 37th Annual International Consumer Quality Summit, held in
HAIFA : Israeli Ocean Carrier ZIM announced its results for the previous year, following the trend observed across major container lines, according to which the companies’ financial figures