Shipping containers to post two consecutive years of decline: Drewry
LONDON : The global pool of shipping containers is expected to contract in both 2023 and 2024, according to Drewry’s latest report on the container equipment market. “While
LONDON : The global pool of shipping containers is expected to contract in both 2023 and 2024, according to Drewry’s latest report on the container equipment market. “While
SHANGHAI : On 27 February, the Chief Executive Officers of the CMA CGM Group, COSCO SHIPPING, Evergreen, and OOCL gathered in Shanghai to sign a Memorandum of Understanding,
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
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
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
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
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
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
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
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,