Supply Chain - Shipping

Maersk Expects 2023 Profits To Plummet As Volumes, Freight Rates Fall

Shipping group A.P. Moller-Maersk reported fourth-quarter earnings slightly below expectations and forecast a 2023 core profit significantly belo...

'Party Is Over': Hapag Lloyd CEO Says Freight Rates To Keep Declining

Container freight rates will keep declining in the current realignment of shipping demand and supply, said Hapag Lloyd CEO.

Container Shippers Maersk, MSC To End Alliance From 2025

Denmark's Maersk and Swiss-based MSC, the world's largest container shipping companies, said they had agreed to end a vessel sharing alliance in January 20...

Shipping Still In Dark Over Clean Fuel Solutions, Industry Official Says

Shipping companies are still waiting for 'real green' fuel solutions as part of decarbonisation efforts to clean up the industry, a leading industry offici...

Some Ocean Shipping Rates Collapsing, But Real Price Relief Is Months Away

Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spri...

Hapag-Lloyd CEO Sees Bounce In Shipping Demand As Short-Lived

Germany's Hapag-Lloyd is seeing a small uptick in demand for shipping after a decline in recent months, but the company on Tuesday reiterated its more...

Shipping Firm Maersk Picks Vincent Clerc As New CEO

Shipping giant A.P. Moller-Maersk said on Monday it had appointed Vincent Clerc, who has been with the firm for 25 years, to replace Soren Skou as chief ex...

Maersk Sees Container Demand Slowing As Recession Looms

Shipping group Maersk has warned of slowing demand for transport and logistics as a global recession looms and cut its forecast for container demand this y...

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Supply Chain - Shipping

Maersk Expects 2023 Profits To Plummet As Volumes, Freight Rates Fall

'Party Is Over': Hapag Lloyd CEO Says Freight Rates To Keep Declining

Container Shippers Maersk, MSC To End Alliance From 2025

Shipping Still In Dark Over Clean Fuel Solutions, Industry Official Says

Some Ocean Shipping Rates Collapsing, But Real Price Relief Is Months Away

Hapag-Lloyd CEO Sees Bounce In Shipping Demand As Short-Lived

Shipping Firm Maersk Picks Vincent Clerc As New CEO

Maersk Sees Container Demand Slowing As Recession Looms

Rotterdam Port's Throughput Up 0.3% In 2022

Cargill Aims To Boost Ships' Use Of Biofuel, Methanol To Cut Emissions

West Not Honouring Commitment To Facilitate Russian Food Exports: Lavrov

Hapag-Lloyd Spending Big Money On Fleet, Eyes Port Investment

Ascot, Marsh Insure Grain Ship From Ukraine's Black Sea Ports

Eight-Day Strike Begins At The UK's Felixstowe Port

Russia's New Crop Wheat Exports Stifled As Western Bank Wariness Bites