NEWS

Maersk Reports Stellar Revenue For Q2 2021
Maersk Reports Stellar Revenue For Q2 2021

A.P. Møller – Mærsk A/S (APMM) reports an unaudited revenue of USD 14.2bn, an underlying EBITDA of USD 5.1bn and an underlying EBIT of USD 4.1bn for Q2 2021. The strong quarterly performance is mainly driven by the continuation of the exceptional market situation with strong rebound in demand causing bottlenecks in the supply chains and equipment shortage. Volumes in Ocean increased by 15% and average freight rates improved 59% in Q2 2021 compared to previous year.

India: JNPT Records Over 21% Growth In Cargo Handling During July
India: JNPT Records Over 21% Growth In Cargo Handling During July

Jawaharlal Nehru Port Trust – JNPT, one of the premier container handling ports, recorded 433,533TEUs (Twenty-Feet Equivalent Units) in July 2021, a growth of 21.15% as compared to344,316 TEUs during the same period last year. The container traffic handled at JNPT during the first 4 months of FY 2021-22 was 1,797,838 TEUs, which is 50.80% higher than the container traffic of 1,192,165 TEUsover the same period of last year.

Panama Canal Resumes Seasonal Measures To Protect Migrating Marine Life
Panama Canal Resumes Seasonal Measures To Protect Migrating Marine Life

From August 1 to November 30, 2021, the Panama Canal will once again promote the implementation of the International Maritime Organization’s (IMO) speed and navigational recommendations to protect whales, dolphins, and other large aquatic animals, as they start their nearby seasonal migration.

CMA CGM applies new charges from Europe to America
CMA CGM applies new charges from Europe to America

CMA CGM has announced new surcharges from European ports to several American destinations that will be effective from 1 September.

Ports of Auckland restarts its automation project
Ports of Auckland restarts its automation project

Ports of Auckland (POAL) has announced a new plan to reset and complete its automation project, after its pause due to an incident in June that revealed a potential safety risk.

Yang Ming launches extra loaders on transpacific and Asia-Europe trades
Yang Ming launches extra loaders on transpacific and Asia-Europe trades

Yang Ming today launches extra loader services on the transpacific and Asia-Europe tradelanes, to meet shippers’ needs amid tight capacity.

Hapag-Lloyd announces new charges to Latin America
Hapag-Lloyd announces new charges to Latin America

Hapag-Lloyd has published new ocean tariff rate increases for Latin America destinations, excluding Mexico, which will take effect on 1 September.

COSCO opens new Wuhan terminal
COSCO opens new Wuhan terminal

COSCO Shipping Ports (CSP) has announced the launch of the operation of Wuhan Yangluo International Port Water-Rail Intermodal Container Transport Project (CSP Wuhan Terminal) on 1 August.


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