Drewry’s World Container Index decreased by 3% to $2,836 per 40ft container this week.
Detailed assessment for Thursday, 04 April 2024
The composite index decreased by...
Euroseas Ltd, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced a time charter contract for...
Shippers are increasingly taking action to eliminate greenhouse gas (GHG) emissions from their logistics. The latest numbers of Maersk’s ECO Delivery Ocean product are...
Detailed assessment for Thursday, 28 March 2024:
The composite index decreased by 3% to $2,929 per 40ft container this week and has increased by 71%...
MSC Mediterranean Shipping Company, through its subsidiary SAS Shipping Agencies Services Sàrl, has announced an agreement to acquire a 42.06% stake in Clasquin, a...
BIMCO released its latest Container Shipping Market Overview & Outlook:
Supply/demand balance
Cargo volumes are expected to grow more slowly than the fleet, at 3-4%...
Effective from April 2024, CMA CGM will operate NRX (North Red Sea Express), a joint upgraded service connecting Saudi Arabia Jeddah Islamic Port to...
The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...
Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.
Highlights
• First quarter Adjusted EBITDA...
Ocean Network Express has announced its financial results for FY2025 (April 2025 to March 2026).
Revenue for 4Q FY2025 was US$4,042 million, bringing the total...
Mitsui O.S.K. Lines (MOL) has reported net profit attributable to shareholders amounting to JPY 213.2bn ($1.3bn), down 49.9% from JPY 425.4bn a year earlier.
Ordinary...
The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...