Hapag-Lloyd Reports ‘Extraordinarily Strong’ Earnings in 2021
German ocean carrier Hapag-Lloyd “extraordinarily strong” operating results in 2021 thanks to higher freight rates, although volumes remained
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German ocean carrier Hapag-Lloyd “extraordinarily strong” operating results in 2021 thanks to higher freight rates, although volumes remained
LIMA, Jan 31 (Reuters) – Peru Environmnent Minister Ruben Ramirez said on Monday that the governmment will temporarily suspend
By Mike Wackett (The Loadstar) – The bull run for ocean carriers appears unstoppable, with profitability in the first quarter of the year looking to be
The Port of Los Angeles and Port of Shanghai have announced a partnership to create a “first-of-its-kind” green shipping corridor in a bid to
Wall Street investors are seeing an Initial Public Offering (IPO) that may be directed at a shipping investment. “May be directed” is not a typo. A new
The AUVs will join Ocean Infinity’s “Armada” fleet of unmanned or partially-manned data acquisition ships. U.S.-based subsea company Ocean
The M/V Madrid Bridge is set to continue its voyage to Savannah following the completion of cargo discharge operations at the Port of Charleston, Ocean Network
The supply chain is no stranger to “data initiatives”, some featuring Application Programming Interfaces (APIs), machine learning, and even some artificial
PARIS, Jan 31 (Reuters) – French shipping giant CMA CGM said it had struck a preliminary agreement to acquire a majority stake in French
(Reuters) – A specialist ship on its way to restore a vital communications cable linking Tonga to the rest of the world is expected to reach the
By Jonnelle Marte Jan 28 (Reuters) – Domestic monetary policy actions may do little to tame some of the inflation being driven by global supply chain
By Laura Curtis (Bloomberg) — About 1,700 dockworkers at West Coast ports have tested positive for Covid-19 in January, stretching capacity at the
The U.S. Federal Maritime Commission met during both open and closed session Thursday to be briefed on the Commission’s efforts to address ocean
The 2021 Q4 earnings reports will soon be coming in. While shipping investors have done well with container and drybulk names, the tanker market has struggled-
By Mike Wackett (The Loadstar) – The cellular fleet grew by 4.5% last year, to 24.97m teu, but capacity was cut on some routes as carriers re-deployed
MSC Mediterranean Shipping Company, the world’s largest container shipping company, will re-route its ships along the west coast of Greece to reduce the
Cruise Lines International Association (CLIA) has released its 2022 State of the Cruise Industry Outlook report, showing the pandemic’s far-reaching effects
The U.S. Department of Energy (DOE) has announced $25 million in funding to support research and development of commercially-viable renewable wave power
Seeking to aid climate research and weather forecasts, the world’s now-second largest shipping line will make millions of weather observations covering
ROME, Jan 27 (Reuters) – Shipping company MSC, which has teamed up with Lufthansa to potentially bid for ITA Airways, wants a majority stake in the
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