French ocean carrier CMA CGM saw its revenue, earnings and profits plunge in the first quarter of the year, compared with the same period in 2022. In particular, the company’s […]
Orient Overseas Container Line (OOCL) hosted the naming ceremony of a brand-new 24,188 TEU vessel at the Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) shipyard. The mega container ship […]
In this week’s “Shipping Number of the Week” from BIMCO, chief shipping analyst, Niels Rasmussen, looks at the fact that despite a 70-80% fall in freight rates, and worsening of […]
In 2022, 661 containers were lost overboard, according to the annual report of World Shipping Council (WSC). This number represents less than one-thousandth of 1% (0.00026%) of the 250 million […]
ZIM Integrated Shipping Services, a worldwide container liner shipping firm, has released its consolidated results for the three months ending 31 March 2023. Carried volume in the first quarter was […]
The Port of Los Angeles processed 688,110 TEUs in April, a 22% decrease compared to last April, which was the second busiest on record. Loaded imports in April 2023 totalled 343,689 […]
Global Ports Group, a leading operator of container terminals in the Russian market, has installed two Liebherr LHM550 mobile harbour cranes at its Far Eastern terminal Vostochnaya Stevedoring Company (VSC), […]
In particular, ZIM led this investment as part of its strategy to invest in early-stage companies involved in the digitalisation of supply chains. Spinframe develops vehicle-inspection systems based on artificial […]
The operations at the Chittagong port, Bangladesh’s prime seaport, had remained suspended over two days as the super cyclone Mocha approached and crossed the country on Sunday, 15 May. The […]
HMM is reportedly attempting to buy back the liquefied natural gas (LNG) shipping unit that South Korea’s flagship carrier divested back in 2014 when it began facing financial troubles. The […]
