Hapag-Lloyd Reports $1.5 Billion Profit in First Quarter 2021
HAMBURG : Germany container shipping company Hapag-Lloyd reported strong start to the year with a net profit of $1.45 billion in the first quarter. This compares to a
CMA CGM Group to set U.S. East Coast and Canada Big Ship Record with the CMA CGM MARCO POLO
The 16,022-TEUs CMA CGM MARCO POLO is the largest container ship to ever call North America’s east coast. This landmark record is the result of a capacity increase
Hapag-Lloyd starts new East Africa service (EAS3) for Kenya and Tanzania
KENYA : New Hapag-Lioyd East Africa service is arriving in Kenya and Tanzania. East Africa Service 3 (EAS3) to arrive in Kenya and Tanzania next week; New service
Pandemic Propels Makeover at Shipping Giant Maersk
COPENHAGEN : Maersk is accelerating its plan to transform itself from a container shipping giant into an integrated logistics company following its strong performance during the pandemic, Chief Executive Soren
MSC’s pipeline of new tonnage approaches 1m Teu with first LNG-ready ships
GENEVA : Alphaliner has confirmed widely reported news that Mediterranean Shipping Co (MSC) has become the latest carrier to commit to LNG-fuelled tonnage. The world’s second largest containerline
HMM to ship Covid medical equipment to India for nominal sum
SEOUL : Container line HMM is prioritising the delivery of Covid-related medical equipment to India with a nominal freight charge. As India continues to battle a deadly Covid-19
Hapag-Lloyd with a strong start to the year in first quarter
Significant increase in result compared to previous year Transport volume slightly below prior-year level Outlook for 2021 confirmed HAMBURG : Hapag-Lloyd has concluded the first quarter of 2021
Ocean Network Express debuts digital booking platform
TOKYO : Ocean Network Express (ONE), the Japanese containerline, is trialling a digital freight booking platform created by Descartes Systems, becoming the latest line to make online box
Another ‘New Normal’ as Container Rollover Rates Increase
PORT KLANG : In the space of a year the box rollover ratio at CMA CGM Australian subsidiary ANL leapt by 30%. At ANL’s parent a remarkable 56%
Ocean Network Express adds 27,500 new units to reefer container fleet
SINGAPORE : Ocean Network Express (ONE) announced the expansion of its current refrigerated container (reefer) fleet by adding another 27,500 new units (including 850 units equipped with advanced