SINGAPORE : Huge profit gains in ocean shipping have become commonplace this year. But Ocean Network Express’ year-over-year profit increase — 1,432% — is still attention-grabbing. For its fiscal 2021 first quarter, ONE recorded
MERSEILLES : CMA CGM has announced new surcharges from European ports to several American destinations that will be effective from 1 September. In particular, the French carrier will impose a Peak Season Surcharge (PSS)
TOKYO : For the 19th straight year, NYK has been selected as a component of the FTSE4Good Index Series,* benchmark indexes designed to measure the performance of companies demonstrating strong ESG (Environmental, Social, and
COPENHAGEN : A.P Moller Maersk has reported unaudited revenue of US$14.2 billion, earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$5.1 billion and earning before interest and taxes (EBIT) of US$4.1 billion for
SINGAPORE : Salesforce, the global leader in CRM, and Ocean Network Express (ONE), the 6th largest container carrier in the world, have on Tuesday, 3rd August announced the successful deployment of ONE’s new CRM
DUBAI : The Dubai-based Transworld Group (an Indian-owned family business in shipping) has expanded its fleet with the acquisition of four dry bulk ships in the last six months. The group, now, plans to
HAMBURG : Hapag-Lloyd has announced the opening of a new office in Dakar, the capital city of Senegal, enhancing its presence in Africa. The German carrier mainly transports nuts, fish, cotton and minerals out
TOKYO : Underscoring the huge turnaround in fortunes for containers shipping financially Ocean Network Express (ONE) booked a profit of $2.56bn for the first quarter ended 30 June 2021. Reporting a 1,432% increase in
SINGAPORE : Ocean Network Express (ONE) will launch its Marine Safety and Quality Campaign, from 1st August to 31st October 2021, to reiterate marine navigation safety practices. As the COVID-19 pandemic continues to affect
HAMBURG : Hapag-Lloyd has announced several rate increases, which will take effect in August, for sailings starting from Asia ports. Hapag-Lloyd will increase rates from the Middle East, the Indian Subcontinent and Pakistan to