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FMC says successfully disputed charges pass $1m landmark

May 08, 2023 5826 Read More

The US Federal Maritime Commission (FMC) said that, in the 10 months since the Ocean Shipping Reform Act (OSRA) was pass

Cargolux posts $1.6bn record profit but warns of declining market

April 27, 2023 8376 Read More

Cargolux has enjoyed anther year of record results, posting a profit after tax for 2022 of $1.6bn, up from $1.3bn in 202

K+N, Primark and Bolloré all put a brave face on Q1 numbers

April 25, 2023 3498 Read More

The difficulty of presenting year-on-year changes in financial results is becoming ever more apparent, with Kuehne + Nag

Influx of capacity brings a 'new era' for air cargo markets

April 25, 2023 6804 Read More

New capacity in the passenger and freighter market is changing the parameters of air cargo this year.Different aircraft

Leadership needed to drive maritime's climate technical fixes

April 21, 2023 3068 Read More

Green reports and initiatives reveal the need for leadership during the maritime transition to climate-friendly fuels an

Boxship demolition sales disappoint analysts as charter market booms

April 20, 2023 2767 Read More

The number of ageing containerships being sold for scrap this year is well below analysts’ predictions, the dearth of d

Major carriers still on the hunt for tonnage to boost market share

April 18, 2023 3034 Read More

Led by MSC and CMA CGM, ocean carriers are again scouring the charter and sales and purchase markets for tonnage to boost capacity and increase their market share.

Market too pessimistic, says Evergreen boss, demand will bounce back

April 17, 2023 5828 Read More

Evergreen president Eric Hsieh has reported that the carrier’s profits last year of$12bn were 40% higher than the previ

Positive ocean freight sentiment keeps the charter market bullish

April 07, 2023 5395 Read More

More optimistic demand forecasts and the prospect of a better peak season this year are driving a containership charter

Greener maritime power will be cheaper than fossil fuel by 2025

March 28, 2023 5017 Read More

The relative price of greener fuel, particularly methanol, will dip below the cost of fossil fuels by 2025, according to

CMA CGM eyes car-carrier market boom as liners are ready to invest

March 21, 2023 9105 Read More

French container carrier CMA CGM, already spreading its wings by entering the air cargo and logistics markets, is lookin

Growing sea-air markets could help transform connectivity in Africa

March 06, 2023 6319 Read More

International eyes are on Africa today, following the news that DP World has inaugurated Berbera Economic Zone (BEZ) wit

Slower air cargo market reflected in demand for freighter conversions

February 28, 2023 8725 Read More

Freighter conversions are hitting speed bumps that should slow them down to more sustainable levels of activity, as a le

New cargo airline for South Africa will fill a wide gap in the market

February 23, 2023 2856 Read More

South Africa has its own cargo airline with the launch of Suid Cargo, which will be based in OR Tambo Airport, Johannesb

Pressure on carriers drives cut-throat freight market for China's exports

February 03, 2023 6752 Read More

A parallel freight market is emerging for exports from China that undercuts the lowest container spot rates.Asia-North E

CMA CGM launches €200m fund to boost French maritime decarbonisation

January 30, 2023 4634 Read More

CMA CGM has launcheda €200m ($217m) fund to invest in new maritime decarbonisation project proposals, with the aim of a

Wan Hai to scrap 10 older vessels as market turns

December 12, 2022 4150 Read More

Wan Hai Lines has become the first liner operator to take a big step to reduce its tonnage overhang.The Taiwanese compan

Ro-ro market rebounds as rates double and vessel space is at a premium

November 21, 2022 5953 Read More

As the container shipping bonanza comes to an end, the ro-ro market has come alive, with full ships, spot rates in the s

Zim will focus on niche markets as it prepares for the ‘new normal’

November 18, 2022 7865 Read More

Israeli ocean carrier Zim said yesterday it expected freight rates to keep falling and was preparing for the ‘new norma

NOOs fear looming glut of new tonnage as charter market bull run ends

November 16, 2022 5779 Read More

Containership owners are increasingly concerned that an historically high orderbook will have a negative effect on their

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