November 14, 2023
April 7, 2026
November 13, 2023
Maersk India to Europe ME7 service port change announcement
MUMBAI : A.P. Moller – Maersk, is constantly reviewing its offering and making adjustments for the benefit of its customers and their supply chains. As such, they have reviewed ME7 Service and will be
November 13, 2023
Shipping giant CMA CGM reports drop in quarterly profit, better volumes
MARSEILLE : CMA CGM on Friday informed about its profit fell in the third quarter as a COVID-era boom in shipping continued to fade, but its volumes picked up as a destocking trend in
November 13, 2023
NYK boosts fleet with new LNG-powered PCTC
TOKYO : Japanese shipping company Nippon Yusen Kaisha has taken delivery of Sweet Pea Leader, the latest LNG-fueled pure car and truck carrier (PCTC), at Tadotsu Shipyard, part of Imabari Shipbuilding Group. Ordered from Nihon Shipyard,
November 11, 2023
Analyst says Maersk rate cutting behind Q3 losses
HONG KONG : Analysis by Hong Kong-based Linerlytica suggests that the sudden and deep decline in container freight rates in the third quarter was initiated by Maersk Lines’ attempts to recover market share. Container
November 10, 2023
Container Shipping bracing for downturn : Hapag-Lloyd Chief
HAMBURG : The container shipping industry faces a few years of headwinds as low freight rates, a weak European economy and widening geopolitical turmoil cloud the outlook, the head of the world’s fifth-biggest carrier said.
November 10, 2023
Hapag-Lloyd posts 77% drop in 9-month net profit, cuts outlook
HAMBURG : German container shipper Hapag-Lloyd on Thursday posted a net profit of 3.2 billion euros ($3.43 billion) for the first nine months of 2023, down by 77% from a year earlier, and cut its
November 9, 2023
New One Sea member MAHI adds expertise in Maritime Autonomy
LONDON : MAHI has become the latest company to join One Sea, bringing further expertise to the growing association whose mission is to advance understanding of maritime autonomous surface ships. In what is proving
November 9, 2023
Maersk announces PANZ Service : Change of rotation due to industrial actions at DP World Terminals in Australia
MELBOURNE : Maersk has announced that due to DP World’s industrial action and berth availability delays in Melbourne, it will proceed with PANZ Service port rotation change. The Danish carrier said the schedule for
November 9, 2023