Russia choose Northern Sea Route to Ship Cargo to Bangladesh
The route from St. Petersburg to Bangladesh via Murmansk and Vladivostok is about 3,200 nautical miles longer than sailing the cargo via the Suez Canal. Even the route
Shipping Lines Could Be Sailing Towards Astonishing $200 Billion Profit This Year
With stock market-listed ocean carriers reporting even better-than-expected profits for the third quarter, their executive boards are being forced yet again to upgrade full-year earnings forecasts. A third
Shipping boss: ‘Christmas will be safe’ from shortages
COPENHAGEN : Christmas trading will be safe from supply chain problems, the boss of shipping firm Maersk has told the BBC – adding, “at least that’s what I’m
MSC announces new surcharges from Europe to America
GENEVA : The Swiss box carrier MSC will apply new Peak Season Surcharges (PSS), which will take effect by the end of November, for cargoes transferred from Europe
Greek shipowners account for 11% of global newbuilding orders
Greek fleet has hit an all-time-high in tonnage terms and the country’s shipowners account for 11% of all newbuildings on order. This year the Greek-controlled fleet of vessels
A Day in the Life: Maersk’s Coolest Job
Ashlee Ellsworth Logistics Project Manager for The Ocean Cleanup There’s an old proverb that states “choose a job you love, and you’ll never have to work a day
Schedule reliability still very poor, Maersk remains on top
Sea-Intelligence has published a Global Liner Performance (GLP) report for schedule reliability, showing moderate results for the majority of the container shipping lines. The report covers schedule reliability
ONE chalks up another $4bn profit in Q2 and expects $12bn for the year
TOKYO : Japanese ocean carrier Ocean Network Express (ONE) said it now expects a net profit of nearly $12bn for its financial year ending 31 March 2022, following
Sea-Intelligence: Two of Every Three Containership is Behind Schedule
COPENHAGEN : Global port congestion and backlogs continue to play havoc on liner schedules. According to new data from Sea-Intelligence schedule reliability remains at the low end of