Container Shipping Earnings Now Rival Apple. It’s Not a Good Look
AP Moller-Maersk A/S, the world’s biggest container shipping line, was expected to make around $4.5 billion in operating profit in 2021, according to estimates at the start of the year by the financial analysts who follow
MPT offers discounts to attract new container feeder vessels
PANAJI : In a bid to ensure continuity of the container feeder vessel, Mormugao Port Trust (MPT) has decided to grant substantial discounts to any shipping firm that starts new feeder services. To encourage immediate resumption
Exporters seek govt help amid global container crisis
NEW DELHI : Exporters have called on the government to ask Indian shipping lines to lease containers for them as a worldwide supply chain imbalance has led to skyrocketing freight prices. The shortages are
Acceleration in port capacity investment insufficient to support cargo demand growth
LONDON : Surging container shipping cargo demand in the wake of the pandemic has resulted in a significant improvement in the global terminal capacity outlook, but this may not be sufficient to support forecast
DCT Gdańsk to boost container capacity by 1.5 million TEU
The tender committee of the Port of Gdańsk Authority has announced that the lease for a new port area has been awarded to DCT Gdańsk S.A. On 18 September 2020, the Port of Gdańsk
DP World and Russia to Pilot Container Shipping Via the Arctic Route
DUBAI : Russia continues to develop shipping through the Arctic promoting it as a faster route that is an alternative to the Suez Canal. In the latest development, ROSATOM, the Russian nuclear energy company
Container shipping faces the brunt of new European emissions rules
Maritime is having to contend with the splintering of environmental regulations following last week’s proposal by the European Commission of a cap and trade system for shipping emissions. Analysis carried by shows that of
India-SL synergies vital to control future volume growth in huge container ships
Synergies between India and Sri Lanka are vital to handle a future growth in Ultra Large Container Ships in the Indian subcontinent, Sri Lanka Ports Authority chairman Capt. Nihal Keppetipola said. This was stated