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 global container shipping market faces overcapacity in the coming years and the rates paid by customers have fallen to an unsustainable level, Maersk...
Hapag-Lloyd published its annual report for 2023. As expected, a significant decrease in earnings was recorded. According to the report, the Group EBITDA stood...
Hapag-Lloyd reported sharply higher third-quarter earnings on Thursday, a day after raising its full-year outlook as robust spot freight rates fueled better-than-expected fourth-quarter trading.
The...
Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the third quarter and nine months ended September...
German container shipping group Hapag-Lloyd raised its full-year earnings outlook for the third time this year on Wednesday, citing strength in freight rates and...
The Port of Los Angeles handled 1,026,872 Twenty-Foot Equivalent Units (TEUs) in October, setting a record for the month and ranking as the second-highest...
AD Ports Group, a leading global enabler of integrated trade, industry, and logistics solutions, today reported its strongest quarterly results on record for the...
Piraeus Port Authority (PPA) has announced the completion of the establishment of a new subsidiary, named Piraeus Supply Chain Gateway.
The development follows an earlier...
Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...