Shipping: latest news, insights and analysis | ESM Magazine

UK Food Production Costs Fall For First Time Since 2016: Lloyds

British food manufacturers reported the first drop in their production costs since 2016 in May as lower commodity and energy prices and cheaper shipping ou...

Maersk Secures Fuel For First Methanol Container Ship Journey

Denmark's Maersk has secured fuel for the first container vessel able to run on carbon-neutral methanol for its inaugural journey from South Korea to Denma...

Grain Trader Viterra In Talks To Merge With Bunge: Source

Global grain trader Viterra is in talks to merge with US rival Bunge Ltd, a person familiar with the matter said, in a potential mega deal that would resha...

Global Freight Cycle May Have Reached Lowest Point: Kemp

Global freight volumes show signs of having bottomed out in the first quarter, signalling the industrial cycle may be near its trough, which could provide...

Maersk Reports Lower Container Volumes, Keeps Full-Year Guidance

Shipping group Maersk has reported first-quarter earnings above expectations and maintained its profit guidance for the full year even as container volumes...

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...