MISC Group announces financial results for the year 2023
KUALA LUMPUR : MISC is pleased to announce its financial results for the financial year ended 31 December 2023. Financial Highlights: Group Revenue, Operating Profit and Profit Attributable
CMA CGM’s financials declines amid stable container volumes
MARSEILLE : French ocean carrier CMA CGM reported revenues of US$47 billion in 2023, translating to a 36.9% decline compared with 2022 figures, EBITDA of US$9 billion, down
ONE achieves another milestone with record-breaking load
SINGAPORE : Ocean Network Express (ONE) has achieved another milestone with a sixth consecutive record-breaking load, this time aboard the ONE Infinity. Last week, the vessel set a
OOCL boosts fleet with new eco-friendly Ultra Large Container Vessel
WAN CHAI : Orient Overseas Container Line (OOCL) announced the introduction of its latest mega container ship, named OOCL Abu Dhabi. This addition marks OOCL’s eighth eco-friendly vessel
CMA CGM gets approval from EC to acquire Bolloré Logistics
MARSEILLE : The European Commission (EC) has approved the proposed acquisition of compatriot transport and logistics firm Bolloré Logistics by French shipping major CMA CGM. The approval is
Lancer Container inks deal for acquiring 1200 containers from SYMCON
MUMBAI : Lancer Container Lines said that it has signed a long-term contract with SYMCON Industries for buying new range of ‘marine containers’. The company will acquire 1200
SeaLead launches FIX2 Service to boost trade links between China and India
SINGAPORE : SeaLead, a fast-growing global shipping line, today announced the launch of its latest service, the Far East India Express 2 (FIX2). This service underlines SeaLead’s commitment
CMA CGM applies new PSS from Europe to India, Middle East Gulf and Red Sea
MARSEILLE : French ocean carrier CMA CGM announced that it will implement the following peak season surcharges, effective from 1 March. For dry cargo from North Europe, Scandinavia,
Maersk applies new PSS from Far East to East Coast South America
COPENHAGEN : Maersk is adjusting Peak Season Surcharge (PSS) rates for selected routes effective March 1 to 31 March 2024, to ensure continued global service provision. The changes
CMA CGM says ship transited Red Sea under French naval escort
MARSEILLE : French shipping and transport company CMA CGM said on Tuesday that its Jules Verne container ship transited the Red Sea under French naval escort, after suspending