After years of relying on charters, container ship operator Ocean Network Express is tapping profits from the COVID-19 era to build its own greener,...
We expect demand growth within the 1.5-2.5% range in 2023, driven by China’s economic recovery. Improvements in consumer sentiment should help solve the country’s...
Ocean carriers are pulling capacity from Chinese export routes and redeploying the ships to more robust tradelanes with growth potential.
Moreover, the weakness in the...
A two-tier market within the container shipping sector is opening up as spot rates in key trades collapse.
Carriers that focused on quoting spot rates...
More than 40 marine fuel suppliers from around the world have gathered at this year’s Posidonia during a critical juncture for the US$300billion bunkering...
More than 30 martech startups from around the world are displaying their solutions and platforms at this year’s Posidonia Exhibition currently being held at...
During the pandemic retail sales and personal savings have been increasing in tandem and supported US consumer demand for imports from the Far East....
Oil companies, refiners, shippers and traders are all weighing their involvement and exposure to Russia after financial sanctions were imposed in response to the...
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...
A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...
