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Weekly Highlights of Container Shipping Companies Stocks

Giannis Nikolakis - December 13, 2024 0

The container shipping sector experienced a dynamic week marked by fluctuations in stock prices, reflecting broader economic trends, trade dynamics, and geopolitical developments. Amid concerns...

News

FMC requests additional information about Premier Alliance

Antonis Karamalegkos - December 9, 2024 0

The US Federal Maritime Commission (FMC) said the Premier Alliance of HMM, Ocean Network Express (ONE) and Yang Ming will not go into effect,...

News

Weekly Analysis of Container Shipping Stocks

Giannis Nikolakis - December 6, 2024 0

The first week of December brought mixed fortunes for container shipping stocks, reflecting broader market uncertainties amid fluctuating freight rates, muted global trade recovery,...

Services

Premier Alliance updates Asia-Transpacific West Coast network and announces maiden voyages

Antonis Karamalegkos - December 6, 2024 0

Premier Alliance, including HMM, Wan Hai and Ocean Network Express (ONE), has announced adjustments to its Asia-Transpacific West Coast service network. The PS5 and PN4...

HMM giant boxship collides with oil tanker in Spain

Container News Team - December 5, 2024 0

South Korean flagship carrier HMM said that its 24,000 TEU ship, HMM St Petersburg, is operationally sound after colliding with an oil tanker near...

HMM’s delayed sale stalls head offices relocation

Container News Team - December 3, 2024 0

The difficulties in selling HMM and opposition from employees have apparently halted efforts to relocate South Korea’s flagship carrier’s headquarters from Seoul to Busan. For...

News

HMM profits soar in third quarter

Antonis Karamalegkos - November 13, 2024 0

HMM reported revenue of KRW 3,552 billion (US$2.5 billion), with a net profit of KRW 1,739 billion (US$1.25 billion) and an operating profit of...

News

FMC opens public comment on Premier Alliance agreement

Ioanna Kontos - November 6, 2024 0

The Federal Maritime Commission (FMC) has initiated 15 days for public comments on a recently filed vessel-sharing agreement among Ocean Network Express (ONE), HMM,...

Premier Alliance sets one-year leave notice period

Antonis Karamalegkos - November 1, 2024 0

The agreement for the launch of the Premier Alliance, which includes HMM, Ocean Network Express (ONE), and Yang Ming, has been filed with the...

News

Schedule Reliability Report: Maersk Leads the Pack, Wan Hai Lags Behind

Antonis Karamalegkos - October 31, 2024 0

In September, ocean carriers' global schedule reliability declined by 1.2%, compared to August levels, falling to 51.4%, according to the latest Sea-Intelligence's Global Liner...

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