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OOCL doubles 2021 revenue to $15.7 billion on higher freight rates

25 Jan 2022 8:00 AM GMT
Hong Kong-listed Orient Overseas Container Line (OOCL) more than doubled revenue (unaudited) to $15.7 billion for the year ended December 31, 2021...

Freight rates continue to climb, no decline in congestion at ports

21 Jan 2022 7:15 AM GMT
2022 has been off to an ominous start for shippers - no let-up in climbing freight rates, port congestion globally at higher levels and demand...

Tackling container shipping black swan events in 2022 - Part 2

31 Dec 2021 1:16 PM GMT
Is Covid really affecting the global supply chain? The answer is yes but differ in how each country responds to the pandemic.

Higher freight rates push Hapag-Lloyd 9-months revenue up 71%

12 Nov 2021 9:26 AM GMT
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...

High freight rates till year-end: Peter Sand 

30 Sep 2021 7:18 AM GMT
As the average length of journey increases, partly due to port congestion in China, soaking up capacity and pushing up spot rates, shipowners will...

Container prices surge; availability continues to be key concern for exporters

17 Sep 2021 8:41 AM GMT
Multiple unresolved supply chain bottlenecks like slow cargo movement from port to hinterlands and back, Covid-19-related restrictions, slower port...

cargo.one customers will soon have MASkargo rates, capacity available

15 Sep 2021 11:50 AM GMT
As part of its digitalization agenda, MASkargo has entered into a distribution agreement with leading e-booking platform cargo.one with the aim to...
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