Top News Archives - Page 43 of 274

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Taiwanese government to back Yang Ming’s fleet expansion

Container News Team - August 1, 2024 0

Taiwan’s Transportation and Communications Minister Li Meng-yen said at a press conference on 30 July that with Yang Ming Marine Transport’s change of management,...

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Maersk announces preliminary Q2 revenue of US$12.8 billion

Antonis Karamalegkos - August 1, 2024 0

Based on preliminary figures, AP Moller - Maersk reports an unaudited revenue of US$12.8 billion, underlying EBITDA of US$2.1 billion and underlying EBIT of...

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CMA CGM collaborates with GTT and HD KSOE for 12 new LNG-fuelled boxships

Antonis Karamalegkos - August 1, 2024 0

In July, technology and engineering group GTT received two orders from its Korean partner HD Korea Shipbuilding & Offshore Engineering (HD KSOE) to design...

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ONE reports US$4.2 billion revenue in Q1 FY2024

Ioanna Kontos - August 1, 2024 0

Ocean Network Express (ONE) released its financial results for the first quarter of FY2024, covering April to June 2024. The revenue for this quarter was...

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Pressure on global supply chains eases

Container News Team - July 31, 2024 0

Port congestion and tight vessel capacity are easing across the globe as measures taken by terminal and ship operators alike are clearing bottlenecks and...

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Unifeeder overtakes CMA CGM as second largest intra-Europe operator

Container News Team - July 31, 2024 0

Unifeeder is now the second-largest intra-Europe player, surpassing French ocean carrier CMA CGM through capacity additions. The DP World subsidiary now operates 38,000 TEUs of...

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Supreme Court ruling could curtail FMC’s ability to regulate

Container News Team - July 31, 2024 0

Trade could be about to hit the proverbial political fan as US election pressure is being brought to bear on institutions that regulate, including...

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Allseas’ Green Ace ruling a tale of two definitions

Container News Team - July 30, 2024 0

Court documents show that a US$27 million dispute was settled on the definition of two short words, “to be”, with Allseas Global Management Logistics...

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CK Line-operated boxship grounds after hitting Busan breakwater

Container News Team - July 30, 2024 0

A boxship operated by CK Line remains anchored in Busan after running aground on 28 July. According to the Korea Coast Guard, the 1,900 TEU...

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MSC reorganizes its Asia-Oceania service network

Antonis Karamalegkos - July 29, 2024 0

MSC has announced the reshuffle of its service network between Asia and Oceania aiming to provide faster and more reliable services to its customers...

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CN analysis: Container rates out of India on major trades see sharp gains amid capacity woes

Container News Team - July 29, 2024 0

Container freight rates on trades out of India have seen strong gains in July amid heightened demand linked to early peak season bookings and...

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PIL upgrades its eBL solution

Antonis Karamalegkos - July 24, 2024 0

Pacific International Lines (PIL) is partnering with WaveBL, a provider of digital trade solutions, to provide a wider range of electronic Bill of Lading...

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