HAMBURG : On the basis of preliminary and unaudited figures, Hapag-Lloyd has concluded the 2022 financial year – in which it celebrated its 175th anniversary – with an EBITDA of USD 20.5 billion (EUR
GENEVA : MSC has announced the introduction of a new weekly direct call at the Port of Leghorn in Italy on its India to West Mediterranean Service. The Swiss/Italian container line said this new
RIYADH : The Saudi Ports Authority (Mawani) has announced the addition of King Abdulaziz Port to a new freight service operated by Swiss-based container group MSC. The latest connection is set to bolster the
SINGAPORE : Ocean Network Express (ONE) profits dropped by 50% in Q3 of FY22 compared the record reported in the previous quarter as the sharp drop in container spot rates took its toll. ONE
GENEVA : MSC is proud to return to Intermodal South America 2023 for the second year as a Master Sponsor, the main event for logistics, cargo transportation and international trade in Latin America taking
COPENHAGEN : The integrated logistics company A.P. Moller – Maersk (Maersk) and the Berlin-based start-up Cozero are pleased to announce a partnership to develop analytics tools to improve Green House Gas (GHG) emissions visibility
MARSEILLE : CMA CGM Group announced a call, targeted at startups and businesses working on concrete solutions, for projects of approximately €200 million (US$218 million) to step up the pace of decarbonisation of the
LONDON : Drewry‘s composite World Container Index fell 2% last week to US$2,046.51 per 40ft container. The Drewry WCI composite index is now already 80% down from the top of US$10,377 in September 2021.
TOKYO : Mitsui O.S.K. Lines, Ltd. announced that it joined the Shipping Sector of the First Movers Coalition (FMC) during the World Economic Forum Annual Meeting which was held from January 16-20, 2023. Ocean
COPENHAGEN : Maersk has announced its intention to unify its brands by integrating Hamburg Süd and Sealand. The Danish shipping company believes that by integrating the aforementioned firms into the Maersk brand, it will