Shipping - Page 97

From 87,485 containers in the port of Los Angeles on November 1, 2021 when the dwell fee of $100/container went into effect, the congestion has...

With 2.4 million TEUs (10 percent of the live container fleet) currently waiting globally, congestion is a major factor influencing vessel...

French container carrier CMA CGM signed a deal to acquire 90 percent stake in Fenix Marine Services (FMS) terminal in Los Angeles for an enterprise...

Reefer container freight rates are likely to be higher through 2022, outpacing earlier estimates as well as expectations for dry container freight...

German carrier Hapag-Lloyd has revised its expected EBIT to $10.3 billion - $11.3 billion for 2021 from the earlier estimate of $7.5 billion - $9.5...

Denmark-based A.P.Moller-Maersk, the world's largest container carrier, today reported a 68 percent increase in Q3 revenue to $16.6 billion while EBIT...

A. P. Moller - Maersk signed an agreement with Saudi Ports Authority “Mawani” committing to an investment of $136 million (510 million Saudi Riyals)...

Japanese carrier Ocean Network Express (ONE) is all set to report a net profit of $11.8 billion for the full year ending March 31, 2022, compared to...

The contentious container excess dwell fee is well and truly on across the Ports of Los Angeles and Long Beach.

Maersk was once again the most reliable top-14 carrier in September 2021 with a schedule reliability of 44.2 percent, followed by Hamburg Süd with...

The fire that broke out on ZIM Kingston last week off the Canadian coast has brought the focus back on non-/mis-declared goods in cargo.

Leading global corporations including Amazon, IKEA, Unilever and Michelin are the among first signatories to an ambition statement for purchasing...