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Carrier reliability drops to 32% in Dec; Maersk still best performer

28 Jan 2022 2:27 AM GMT
The schedule reliability of container carriers dropped 1.2 percentage points month/month to 32 percent in December 2021, the lowest-ever global...

Ocean carriers likely to see $200 billion profits in 2022

24 Jan 2022 1:41 PM GMT
Ocean carriers are likely to report a combined profit of $200 billion (at a margin of 37 percent) in 2022 against the revised estimate of $190 billion...

LA/LB ports to go ahead with container dwell fee; time till Nov 15 to clear containers

30 Oct 2021 11:01 AM GMT
The contentious container excess dwell fee is well and truly on across the Ports of Los Angeles and Long Beach.

Carriers' schedule reliability still poor; Maersk does well 

29 Oct 2021 8:54 AM GMT
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...

Container market update: Rates ease but future uncertain

13 Oct 2021 11:15 AM GMT
The next black swan event for the container market would be a 'complete recovery because that is what nobody is expecting at this point,' according to...

CMA CGM introduces industry’s first business matchmaking marketplace

29 Sep 2021 2:06 PM GMT
The CMA CGM Group announced the launch of NETWORKING services, the first business matchmaking marketplace in the shipping and logistics industry.

PSA Mumbai welcomes Maersk’s upsized ME2 Mediterranean service

16 Aug 2021 11:22 AM GMT
August 16, 2021: PSA Mumbai welcomed the inaugural call of Maersk Line’s ME2 service with the arrival of the 10,100-TEU Maersk Gibraltar on August 12,...
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