FREIGHT NEWS
13/08
2021
HMM has reported its highest operating profit in its history of US$2.06 billion in the first half of 2021 with a margin of 45.1%, while the companys revenue almost doubled to US$4.56 billion, compared to 2020 H1.
13/08
2021
Ships are beginning to divert from Ningbo to Shanghai, following yesterday’s decision to close the Ningbo Meishan Island International Container Terminal (MSICT) due to Covid.
12/08
2021
The port of Oakland has recorded a year-to-date volume increase in July but a decline in comparison to the same period of last year.
12/08
2021
Hapag-Lloyd has achieved outstanding performance in financial terms during the first half of 2021, as it has benefitted from strong container demand and skyrocketing freight rates, according to the company's CEO, Rolf Habben Jansen.
12/08
2021
The Danish liner operator Maersk has confirmed the implementation of congestion surcharges in several ports across the world.
11/08
2021
Ocean carriers are said to be “scraping the barrel” to find enough container tonnage for their extra loaders from Asia.
11/08
2021
Ocean carriers may hold sway with the supply and demand pendulum swung firmly in their favour, but their customers are looking ahead to prevent another series of events bringing unprecedented rate inflation.
11/08
2021
Shanghai International Port Group (SIPG) and several mainline operators have launched a centre to co-ordinate the transport of empty containers from Shanghai port.