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Even though the shipping lines recorded 2022-FY Earnings Before Interest and Taxes (EBIT) of US$138 billion, minus CMA CGM, PIL, and MSC, there were visible indications of a weakening mark
04/10
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*Los Angeles, Long Beach port terminals close on Thursday*Dockworkers have been in labor talks since May last year The twin ports of Los Angeles and Long Beach closed Thursday because
04/07
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Dalian Shipbuilding (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has begun the construction of the 10th LNG-powered 16,000 TEU container ship for the Swiss sh
04/06
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Hapag-Lloyd announced a general rate increase (GRI) from East Asia to North America for cargo transported in dry, reefer and special containers, including high cube equipment. More sp
04/04
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A.P.Moller Capital has announced the acquisition of South African frozen logistics operator Vector Logistics from RCL Foods. Vector Logistics provides multi-temperature warehousing an
04/03
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A.P.Moller Capital has announced the acquisition of South African frozen logistics operator Vector Logistics from RCL Foods. Vector Logistics provides multi-temperature warehousing an
04/03
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Shipping lines reported very strong financial results for 2022, according to the latest report by the Danish maritime data analysis company Sea-Intelligence. At the time of writing, 12 of t
03/31
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China's first LNG cross-border RMB settlement transaction has been completedOn March 28, China National Offshore Oil Corporation (CNOOC) and Total Energy completed China's first purchase of im
03/30