Carriers’ Q3 earnings surge sixfold to $17 billion
22/11/2024
The third quarter of 2024 has seen significant financial results for major carriers, with a combined EBIT of $17.06 billion, reflecting
The third quarter of 2024 has seen significant financial results for major carriers, with a combined EBIT of $17.06 billion, reflecting
APM Terminals (APMT) Pier 400 in Los Angeles has taken delivery of three new state-of-the-art cranes to enhance its capacity to
Ocean Network Express (ONE) has announced the launch of its Scandinavia Express (SCX) and Iberia Europe (IBC) services. According to the shipping company, these
A.P. Moller Maersk (Maersk) and Hapag-Lloyd have examined their port and terminal networks as the Gemini Cooperation nears into effect. During
WinGD has secured further orders for its ammonia-fuelled X‑DF‑A engine design in the growing ammonia carrier market. The engines, to be
The Norwegian Ministry of Defence has announced that all foreign vessels entering Norwegian waters will be subject to new, stricter reporting
Bearing AI has unveiled its Schedule Recovery application, designed to help liner vessel operators swiftly resolve delays and maintain high schedule
Gulftainer and VertomCory have announced their intention to form a strategic shipping joint venture in the Middle East and the US.
Pacific International Lines (PIL) is launching a new weekly feeder service between Jebel Ali in UAE and Umm Qasr in Iraq,
Ocean Network Express (ONE) has announced the beginning of its new weekly service, Pakistan Gulf Express (PGX), which connects Karachi to
COSCO SHIPPING Energy and COSCO SHIPPING Heavy Industry’s 50,000-cubic-metres ammonia dual-fuel carrier design has received Approval in Principle (AIP) from ABS,
Since 2019, the most reliable carriers in the industry have rarely topped more than 30 per cent of the trade lanes
