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Japanese carrier ONE to close year with $12 billion profit
1 Nov 2021 11:30 AM ISTJapanese 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...
LA/LB ports to go ahead with container dwell fee; time till Nov 15 to clear containers
30 Oct 2021 4:31 PM ISTThe 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 wellÂ
29 Oct 2021 2:24 PM ISTMaersk 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...
India key driver as DP World reports 12% volume growth for 9M CY2021
26 Oct 2021 6:49 PM ISTDP World handled 58.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 9M2021, with gross container...
ZIM buys 7 ships in move from charters to owning vessels
22 Oct 2021 3:40 PM ISTIn a clear move away from chartering to owning ships, Israeli carrier ZIM Integrated Shipping Services announced the acquisition of seven secondhand...
Data proves why shipping assets are a better bet now than aviation
22 Oct 2021 2:28 PM ISTVessels and aircraft are both high value, depreciating, globally movable and volatile assets. Most vessels and aircraft have values between $10...
