Hapag-Lloyd Watching Costs as Container Market Normalizes
Hapag-Lloyd, one of the world’s leading container shipping companies, has reported its financial results for the first quarter of 2023, highlighting the
Mike Schuler is the Managing Editor of gCaptain, where he has led editorial operations since June 2008. He oversees daily news coverage on global shipping, maritime security, offshore energy, and industry policy, and has built a reputation for delivering timely and insightful maritime news—often breaking key stories that influence industry discussions. Mike holds a Bachelor of Science in Business Administration with a focus on Financial Management from The Catholic University of America, and a certificate in Data Analytics and Visualization from the University of Arizona. Before joining gCaptain, he held positions at Intrawest Hospitality Management and Union Beer Distributors. His expertise spans supply chain and logistics, energy policy, global trade dynamics, and maritime security. Mike's reporting is known for its clarity, accuracy, and ability to explain complex maritime topics to broad audiences.
Hapag-Lloyd, one of the world’s leading container shipping companies, has reported its financial results for the first quarter of 2023, highlighting the
Plans to develop a new multi-purpose deepwater port facilities at Port Fourchon, a key hub for U.S. Gulf of Mexico energy activities, have taken a major step
Clarksons, a leading shipping consultancy, is urging its clients to reassess their decisions related to Carbon Intensity Indicator (CII) compliance and the
Höegh Autoliners, a leading global roll-on/roll-off (Ro-Ro) shipping company, has announced a partnership with Norwegian green energy company North Ammonia on
Scorpio Tankers Inc. (NYSE: STNG), a global provider of petroleum product transportation, has exercised purchase options on five additional ships as the
Transocean Ltd., a leading offshore drilling contractor, has announced that its Transocean Equinox has been awarded a five-well contract in Australia by a
Stena Line, a major ferry operator in Europe, has revealed plans to construct two new purpose-built roll-on/roll-off freight vessels for its growing
Tidewater Inc., a leading global provider of offshore support vessels, has reported a strong start to 2023, posting its highest quarterly revenue since the
Jacksonville Port Authority (JAXPORT) has announced a new record with the arrival of the ONE Stork, marking the largest container ship to ever call
A Colombian national who was dubbed the “Prince of Semi-Submersibles” by Colombian media has been sentenced to 20 years and 10 months in U.S.
Descartes’ latest Global Shipping report highlights an increase in U.S. container import volumes in April 2023, with a significant surge in imports from
The Port of Long Beach has announced plans for Pier Wind, a giant floating offshore wind facility designed to help California and the nation achieve renewable
More than $1 million in disputed charges have been waived or refunded through the Charge Complaint process, established by the Ocean Shipping Reform Act of
Singapore-based Seatrium, formerly known as Sembcorp Marine, has secured a $377m contract to construct two offshore wind farm substations for Empire Offshore
A new report from the United Nations Conference on Trade and Development (UNCTAD) highlights the urgent need for a global “Blue Deal” to protect and invest
All six seafarers who were kidnapped from a Liberia-flagged oil tanker in the Gulf of Guinea last month have been returned safely, the ship’s owner,
After years of seafarers being injured or killed during lifeboat evacuation drills, the Container Ship Safety Forum e.V. (CSSF) has called for a revolution in
U.S. ports are seeing a rise in import cargo volume after a near three-year low in February, according to the Global Port Tracker report released on Monday by
The transport sector will undergo a revolution with the widespread adoption of electrification, but it will also increase its share of overall emissions, warns
The American Clean Power Association (ACP) has released a new report on the rapidly growing offshore wind market in the United States. The report highlights a
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