March 27, 2020
Drewry’s container port throughput index remained stagnant with no monthly change in January 2020. However, the index was close to three points (2.1%) down when...
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Containers
March 27, 2020
The CMA CGM Group, a world leader in shipping and logistics, announces today the first closing of its agreement with China Merchants Port (CMP), with...
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March 24, 2020
Orient Overseas (International) Limited (OOIL) saw a significant earnings growth at the end of 2019. (more…)
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March 24, 2020
As the retail industry across Europe and North America begins to effectively shut down as governments enforce widespread social lockdown, there are increasing warnings that...
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March 23, 2020
Hapag-Lloyd published its audited business results for 2019. The Group net result improved significantly to around USD 418 million (EUR 373 million). (more…)
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March 23, 2020
Leading container shipping firm A.P. Moller-Maersk scrapped its 2020 earnings forecast on Friday, while rival Hapag-Lloyd warned of slowing growth until at least June, as...
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March 20, 2020
The container shipping industry is dynamic and volatile and has been marked in recent years by instability, characterized by volatility in freight rates and bunker...
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March 19, 2020
A shipping container shortage that’s left everything from Thai curry to Canadian peas idling in ports may be about to get a whole lot worse...
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March 16, 2020
Severe congestion at Chinese ports is easing, say officials and industry participants, although a logjam of refrigerated containers has disrupted supplies of fresh and frozen...
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March 9, 2020
French shipping group CMA CGM said its operations in China were returning to normal after the coronavirus outbreak crippled traffic last month, forecasting the global...
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February 28, 2020
China’s top container ports are loosening the backlog of cargoes on their docks as workers return to their posts after coronavirus travel curbs that kept...
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February 26, 2020
Seaspan announced that it has agreed to purchase a fleet of four containerships for approximately $367 million in cash. (more…)
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February 25, 2020
The coronavirus outbreak is threatening to scupper a debt refinancing for the world’s third-largest container shipping company. (more…)
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February 20, 2020
Seaspan announced its financial results for the quarter and year ended December 31, 2019. (more…)
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February 20, 2020
On the basis of preliminary figures, Hapag-Lloyd’s earnings before interest and taxes (EBIT) for the 2019 financial year significantly increased to EUR 811 million (2018:...
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