TAIWAN's Yang Ming and Korea's HMM suffered first quarter losses as the coronavirus took its toll on Chinese volumes, reported IHS Media
- Yang Ming, HMM post quarterly losses and expect more heavy weather
- Hapag-Lloyd quarterly profit off 73.9pc to US$27 million as revenue rises 6pc
GERMAN shipping giant Hapag-Lloyd's first quarter net profit fell 73
- Japan's First LNG Bunkering Vessel Launched
Japan’s first LNG bunker vessel (LBV) was successfully launched at the Sakaide Works of Kawasaki Heavy Industries Ltd.
- A.P. Moller – Maersk continues to grow profitability while safeguarding global supply chains
Despite the COVID-19 pandemic’s profound impact on global trade the company kept momentum in its strategic transformation and demonstrated...
- ONE keeps promise and sails into the black, but now faces virus challenge
JAPANESE container carrier Ocean Network Express (ONE) has posted a net profit of US$105 million for full-year 2019 after post-merger synergies...
- IMO 2020: Three Months On
The long-awaited IMO 2020 regulations to limit sulphur content in marine fuels kicked in on January 1st after more than a decade in the making....
- Hapag-Lloyd profit up 22.6pc to US$168 million as revenues rise 3pc
GERMAN shipping giant Hapag-Lloyd's net profit increased 22
- Box carriers take major hit from coronavirus, sparking survival fears
ON intra-Asia container shipping routes there have been 544 service suspensions of seven to 30 days by internationally trading box ships since...
- Singapore box volumes up 5.8pc in February to 2.9 million TEU
THE Port of Singapore reported a 5
- Hapag-Lloyd's 2019 ebit up 80pc to US$908m, accenting profitable trades
GERMAN container shipping giant Hapag-Lloyd improved its year-on-year earnings before interest and tax (Ebit) by 80 per cent to EUR811 million...
- Coronavirus mitigation: OOCL extends free time in cargo detention
HONG KONG's Orient Overseas Container Line (OOCL) is offering an extended free time period in the cargo detention calculation from February 10 to...
- Scrubbers investment expected to have 18-month payback for megas
SOME 2,753 vessels, totalling 328
- Canada to back ban on heavy fuel oil in Arctic at IMO meeting in London
CANADA will support a ban on scrubbers in the course of lobbying for a ban on the use of heavy fuel oil by ships plying Arctic waters when the...
- Hapag-Lloyd looks to biofuel to cut CO2 emissions from ships
GERMAN shipping line Hapag-Lloyd is turning to biofuel to reduce emissions of carbon dioxide (CO2) from its ships
- ONE expects quarterly loss of US$49m but optimistic of full-year profit
JAPANESE shipping company ONE anticipates a US$49 million loss for the current quarter, on the back of weak demand following the Chinese Lunar New...
- Florida ports aiming to be greener with the use of alternative fuels
A REPORT released by the Florida Ports Council and the Florida Natural Gas Association shows Florida's seaports and industry partners are...
- Container shipping sector to remain on same course in 2020: Drewry
DREWRY expects container shipping to continue much the same in 2020 as it did last year with ocean liners again remaining price-takers, though...
- US Coast Guard sharpens teeth to enforce new IMO 2020 rules
THE US is sharpening its teeth when it comes to IMO 2020 fuel sulphur emissions cap enforcement, threatening harsh penalties for sidestepping the...
- Decarbonisation of shipping industry comes with US$1 trillion price tag
A WHOOPING US$1 trillion is required to cut the shipping industry's greenhouse gas (GHG) emissions in half
- Cambodia looks to cut logistics costs to keep trade privileges with EU
CAMBODIA is implementing measures to lower logistics and transportation costs, while the European Union's reviews whether or not to withdraw the...