Non-operating owners of ageing gas-guzzling small containerships are likely to renew their interest in scrapping as the charter market makes an unexpected U-turn.
The latest idle tonnage report by Alphaliner records 131 ships of 500-5,100 teu in hot or cold …
“Cautious investor sentiment towards greenfield container terminal projects” could lead to steeply increasing box terminal utilisation and a possible decline in port productivity.
According to Drewry’s latest five-year container port demand forecast, volumes are set to increase on average by …
DSV’s market value leaped 7% this morning after a first half described as its “best ever”.
Market analysts are hailing the operator as one of the “top picks” in the European transport sector.
Overall revenue grew 13% for the six …
June was the first month in two years with no significant growth in air freight, according to WorldACD.
The figures are backed by Drewry’s air freight index, which showed rates fell 3% in June, month on month – although they …
A steel cutting ceremony took place in China last week on the hulls of the first two ships of CMA CGM’s order for nine 22,500 teu LNG-powered ULCVs, featuring a potentially game-changing bow design.
Alongside similar ULCVs being constructed for …
Middle East forwarder Aramex believes its growing e-commerce business is behind its increased profitability.
The company saw net profit grow 26% in the second quarter, while the first-half net profit was up 20%, to AED225.7m ($61.4m) on the back of …
Cyber attack-hit Cosco has issued another set of FAQs relating to its operations. While it noted that “network applications in the Americas have been totally recovered from previous incident”, it also gives advice on the best way to contact it. …
