COPENHAGEN : A.P. Moller – Maersk (Maersk) delivered solid financial results for 2023 in line with our financial guidance for the year. While volumes were up across most
SHANGHAI : COSCO SHIPPING Lines has opened its new branch office, SARL, in Casablanca, Morocco. Diamond Line, a subsidiary of COSCO Shipping Lines (Europe) GmbH, will play an
COPENHAGEN : The greenhouse gas emissions targets set by A.P. Moller-Maersk have received validation from the Science Based Targets initiative (SBTi), aligning them with the 1.5-degree pathway outlined
MARSEILLE : French-headquartered box line CMA CGM has announced a new overweight surcharge (OWS) effective from 7 February 2024 until further notice. The surcharge applies to cargo originating
MARSEILLE : French container shipping company CMA CGM informed its customers that as from 1 February 2024 and until further notice, all services initially routed via the Red
COPENHAGEN : Maersk will launch a new weekly service connecting the Middle East with Europe in mid-February. The new service, called ME8, will sail via the Cape of
CAIRO : An Israeli software startup and one of the world’s biggest shipping lines are among companies that for the first time are opening up commercial trade routes running through
HAMBURG : Global container shipping line Evergreen Marine Corporation (Evergreen) has signed a memorandum of agreement (MOA) with X-Press Feeders, the world’s largest independent common carrier, to place
MARSEILLE : On January 30, Beihai Shipbuilding and CMA CGM signed a contract for a methanol dual-fuel retrofit project for a container vessel. CMA CGM had also reportedly entered
HAMBURG : German ocean carrier Hapag-Lloyd reported a significant decrease in earnings in the 2023 financial year, while its container volumes saw a slight uptick. According to preliminary