FREIGHT NEWS

Yang Ming adds new 11,000 TEU container vessel
Yang Ming adds new 11,000 TEU container vessel

Yang Ming Marine Transport Corp. has added one new 11,000 TEU container vessel, namely YM Trillion, which is chartered from Shoei Kisen Kaisha, Ltd. and built by Imabari Shipbuilding Co., Ltd.

COSCO reports record 2022 interim results
COSCO reports record 2022 interim results

The listed companies under COSCO SHIPPING have recently announced their 2022 interim results with COSCO SHIPPING Holdings achieving the best performance in history for the first half of the year.

Major container lines make history with US$41.6 billion earnings in 2022 Q2
Major container lines make history with US$41.6 billion earnings in 2022 Q2

Danish maritime analysis company Sea-Intelligence looked at the financial and volume results posted by the major container carriers for the second quarter of the year.

Deepening project at Long Beach gets approval
Deepening project at Long Beach gets approval

The Long Beach Harbor Commission has approved a critical channel deepening project that is expected to ease cargo movement to and from the United States. The Port of Long Beach (POLB) and the federal government will share the costs, estimated at almost US$170 million, with the POLB's portion being estimated at US$109 million.

First sailing of direct China-Scotland service completed
First sailing of direct China-Scotland service completed

The first direct container service linking China to Scotland has docked at Greenock Ocean Terminal following its maiden voyage.

Maersk launches first Rijeka-Czech Republic direct cargo rail service
Maersk launches first Rijeka-Czech Republic direct cargo rail service

A regular rail link between Rijeka, Croatia and Paskov, Czech Republic via the Adriatic Gate Container Terminal (AGCT) commenced for the first time, according to a statement by International Container Terminals Services, Inc. (ICTSI).

Yang Ming reports US$4 billion profit in 2022 H1
Yang Ming reports US$4 billion profit in 2022 H1

Yang Ming has announced that its net profit after tax and earnings per share (EPS) were US$4 billion (NT$116.11 billion) and US$1.1 (NT$33.25) respectively for the first half of the year.

Hapag-Lloyd posts strong financial results in 2022 H1
Hapag-Lloyd posts strong financial results in 2022 H1

Hapag-Lloyd completed the first half of the year with an EBITDA of US$10.9 billion (€10 billion), EBIT of US$9.9 billion (€9.1 billion) and profits of US$9.5 billion (€8.7 billion).


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