Musk’s Starlink beams to container ships so crews can web surfThe largest container shipping line based in Germany,Hapag-Lloyd AG, has said that it would install SpaceX’s Starlink service on the ships ...
Shipping companies are on a spending spreeMajor shipping firms are spending record profits on new models mostly from shipyards of Korea and China.
Major shipping line seeks supply chain overhaul as chaos roils global tradeGlobal trade has been buffeted by major disruptions in recent years, as the pandemic and the war in Ukraine brought chaos to shipping route...
Maersk, MSC to end shipping alliance as strategies divergeIn recent years, both Maersk and MSC have pursued growth in land-based transport and air freight where profit margins for end-to-end servic...
Major shipping firm sees signs of supply chain bottlenecks easingAs for China’s strict lockdowns in Shanghai and other cities to battle Covid-19 outbreaks, he sees the global impact as a “short-term pheno...
Maersk says shipping boom will stabilise in H2, revises up profit guidanceThe company now expects growth in global container demand to slow this year to between minus 1% and plus 1%, compared to its previous expec...
Maersk overtaken as world’s no.1 shipping line by MSCAfter struggling to make money for much of the past decade, the container shipping industry just had its most profitable year ever as pande...
How can India save $60 billion in forex every year? Start an international shipping lineIt is an idea whose time has come. A shipping line along with a port-led development model is what can drive India towards economic growth.
- World fleet of idle vessels sinks to lowest since October 2011
Global idle containership fleet, bigger than 500 TEU, has reached its lowest level since October 2011
Shipping demand to grow by just 5.9% this year: ReportGlobal shipping demand is projected to grow by just 5.9% this year to 160 million TEU, according to the latest Clarkson - produced Containe...
- Container lines like Maersk steam slower to restore profit
Container ships can't go any slower. Shipping lines are running out of options to stop losses as sailing speeds reach their lower limit.
- ‘Vessel supply will outpace cargo demand through 2011’
Ocean container carriers face overcapacity for at least another 12 months as the supply of new ships outpaces slowing cargo demand, an indu...
- Alphaliner's Top 50 box rankings remain unchanged
There is very little change in the standings of the top 50 container shipping lines despite the worse recession since the Dirty Thirties De...
- Container ship deliveries to hit record in July
Deliveries of new containerships will hit a record monthly high of 200,000 20-foot equivalent units (TEUs) in July, extending a year long i...
- Liners continue to rush idled box ships back into action
- Record number of ships go idle
Some 165 containerships totalling 430,000 TEU were idle just before December 25, up from 300,000 TEU two weeks earlier, based on Paris-base...
- Ships of 4,800 to 6,000 TEUs dwindle in 2008
A survey into the capacity situation on the Asia-Europe route has revealed that ships of 4,800 to 6,000 TEUs have dwindled from 47 to 26 in...