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11/142023
Ranking fifth: Net profi...
Recently, Hapag-Lloyd has just released unaudited financial results for the first three quarters of 2023.
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11/132023
What accounts for Maersk...
Hong Kong Linerlytica analysis said that the sudden sharp drop in container rates in the third quarter was the result of Maersk Line's attempt to regain market share. Container rates have fallen sharply so far this year due to a double shock to market fundamentals: falling demand and soaring capacity, with record order levels translating into deliveries.
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11/102023
Hong Kong Customs has cr...
Hong Kong Customs has cracked one of the biggest suspected cases of solid crystal meth in recent years.
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11/092023
Shipping News
Help you get first-hand shipping news and maritime information.
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11/072023
Container market headwin...
Rodolphe Saade, chief executive of France's CMA CGM, said in a recent interview that liner companies should accept that the container industry is returning to a normal cycle, which includes a prolonged period of poor profits.
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11/062023
The Panama Canal quota h...
The Panama Canal will further reduce ship traffic in the coming months due to a severe drought, the canal authority said on October 30, Reuters reported.
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11/032023
Maersk has finally stepp...
Danish shipping giant Maersk Line has been actively chartering ships over the past two weeks in an attempt to close the gap with rival Mediterranean Shipping Company (MSC). Last year, Mediterranean Line overtook Maersk Line to become the world's largest liner company.
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11/022023
Ship company control cab...
Container shipping company control and price stabilization strategy worked, the European line freight rate rose smoothly in November, Shanghai export container freight index (SCFI) rose for three consecutive weeks back to more than 1,000 points.
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11/012023
Another freight forwarde...
Recently, Meadow Lark Transport Inc., a veteran logistics company with a 40-year history in Montana, Canada. Announcing the outage, U.S. supply chain solutions company SELSCS also announced the winding down of the company's operations.
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10/312023
Flexport Acquisition - a...
Flexport, which invested in a technology-driven trucking brokerage last month, is reportedly in talks to acquire Convoy's technology assets. Convoy, a Seattle-based trucking brokerage startup, announced its shutdown just last week (another digital freight forwarding giant shutdown!). Thousands of unemployed). However, another company is also said to be interested.
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