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Maersk, Carbon Sink sign deal for green marine fuels production

16 Nov 2022 1:26 PM GMT
First facility will have a production capacity of approximately 100,000 tonnes per year.

ZIM Q3 net income drops 20% on lower volume

16 Nov 2022 12:49 PM GMT
Average freight rate was up 3% to $3,353/TEU, carried volume declined to 842,000 TEUs, down 5%

Cargo declines 25% at Los Angeles port in Oct

16 Nov 2022 6:16 AM GMT
Port of Los Angeles has processed 8.5 million TEUs during Jan-Oct 2022, about 6% down from 2021’s record pace.

AD Ports Group Q3 net profit up 77%

15 Nov 2022 7:00 AM GMT
Q3 revenue up 53% YoY to AED 1.5bn ($405mn), driven by the maritime and EC&FZ clusters.

Rapid ramp-up in Transpacific blank sailings

11 Nov 2022 11:15 AM GMT
There have been 34 additional blank sailings announced on Asia-NAWC and 16 on Asia-NAEC

Hapag 9-month net profit doubles to $14.7bn

10 Nov 2022 7:23 AM GMT
Significant focus is infra investment, which we are using to expand our terminal portfolio: CEO Rolf Habben Jansen

September head-haul volumes down 15.5% YoY: BIMCO

9 Nov 2022 1:32 PM GMT
Volumes into North America, which led surge in volumes during Covid, saw drop of -20.6% y/y.

APM Terminals Pipavav Q2 net profit up 59% to Rs 72cr

9 Nov 2022 1:00 PM GMT
Revenue from operations up 17% at Rs 227 crore compared to Rs 195 crore in Q2FY22

Depots to face brunt of container surplus into 2023: Container xChange

8 Nov 2022 10:00 AM GMT
Probable hike in container storage fee to disincentivise longer staying containers at depots

Drewry says inflation hits vessel operating costs

8 Nov 2022 7:00 AM GMT
Drewry estimates avg daily operating costs across 47 ship types & sizes rose for 5th year to $7,474 in 2022, up 2.2%

Maersk, Spain to explore large-scale green fuels production

3 Nov 2022 12:30 PM GMT
If implemented in full, the deal could deliver up to two million tonnes of green fuels per year.

Small carriers to drop capacity

3 Nov 2022 10:45 AM GMT
Non-alliance carriers managed to triple market share from around 5% to around 15% during the peak of the market.
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