Container Shipping Industry Bounces Back with $5.4 Billion Profit in Q1 2024
The container shipping industry has reported profits of $5.4 billion in the first quarter of 2024, marking an impressive turnaround following six consecutive
Mike Schuler is the Managing Editor of gCaptain, where he oversees daily news coverage on global shipping, maritime security, offshore energy, and industry policy. He is a key contributor to gCaptain’s editorial content, frequently writing about major maritime incidents, regulatory changes, and geopolitical developments affecting the shipping industry. Schuler has built a reputation for delivering timely and insightful maritime news, often breaking key stories that influence industry discussions. His reporting is recognized for its clarity, accuracy, and ability to distill complex maritime issues for a broad audience. You can reach him at [email protected] or follow him on X at @MikeSchuler.
The container shipping industry has reported profits of $5.4 billion in the first quarter of 2024, marking an impressive turnaround following six consecutive
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Jan De Nul Group announced a major expansion to their fleet with the order of an additional XL cable-laying vessel. This move is another significant investment
The Port of Los Angeles reported its ninth consecutive month of year-on-year growth, handling 770,337 container units in April 2024. This marks a 12% increase
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Damen Shipyards and BigLift Shipping have transported eleven Damen tugs from Vietnam and China to Europe in a single voyage. This undertaking was completed in
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New York Governor Kathy Hochul and New York City Mayor Eric Adams, alongside the Port Authority of New York and New Jersey, have announced plans to overhaul
A 91-foot crabbing vessel named North American sank at a pier in Seattle early Tuesday morning, triggering a response from the U.S. Coast Guard and several
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