Shipping - Page 107

French carrier CMA CGM net profit zoomed to $5.6 billion for the quarter ended September 30, 2021, and revenue increased 89 percent to $15.3 billion...

Only two container ships were sent for demolition between June 30-October 25, a drop of 94 percent from 2020, as ship owners hold on to tonnage with...

Bad weather, bad stowage, improper supervision and handling, and most importantly undeclared dangerous goods cargo are some of the key reasons why...

Designating seafarers as “key workers” and vaccinating them as a matter of priority is one of the 10 key suggestions by the United Nations Conference...

Israeli carrier ZIM reported its highest-ever net income of $1.46 billion for the third quarter ended September 30, 2021, on higher freight rates and...

Gene Seroka, executive director, Port of Los Angeles, said the port handled around 900,000 TEUs in October, down about 8 percent from last year. Final...

Global freight rate reduction could take anywhere between 18-30 months, according to Sea‑Intelligence, a research & analysis provider with strong...

Container carrier Hapag-Lloyd reported a 71 percent increase in revenue to $17.9 billion for the first nine months of 2021 compared to $10.5 billion...

The vision of the task force is to drive decarbonisation of the industry, help the global seafaring community in its green transition and push to...

Port of Long Beach handled 789,716 TEUs in October 2021, down 2.1 percent from October 2020 but still the second-busiest October on record. 

Major global port operators including India’s biggest private port operator APSEZ (Adani Ports and Special Economic Zone Ltd), Dubai government-owned...

A.P. Moller-Maersk and Vestas, a global leader of offshore wind turbines, have formed a long-term strategic partnership for containerised transport.