Jack Mahoney has been named president and CEO of Westwood Shipping.
He succeeded Guy Stephenson who retired as president and CEO in 2007.
He brings a wealth of relevant experience and leadership skills to Westwood Shipping.
He served...
According to 2020 Biopharma Cold Chain Logistics Sustainability Survey, published by protective packaging specialist Pelican BioThermal, supply chain providers are coming under closer scrutiny as the biopharma industry is set on ramping up its efforts on sustainability, says an...
The Baltic Briefing has released a report about the dry bulk market of the 33rd week of shipping activities of this year. The report dated 14th August highlights the plight of the dry bulk market at the on-sight of...
Undeterred by the pandemic Hapag-Lloyd records a net profit of $287m in the second quarter of the year in contrast to the $56m profit for the same period of 2019.
In terms of half-year, the carrier reports a...
Martin Bird has joined LQM as a client services executive and support LQM's offices globally.
He has helped the credit risk team to grow the business and manage client relationships.
Martin will be assisting in the operation of...
Yang Ming contributed a profit of $18.6m despite a 15% reduction in container liftings.
The profitability was thwarted by a $21m loss in its dry bulk sector.
It brought a consolidated net loss of $2.25m in the quarter.
...
MSC announced its Golden Horn service, complementing its existing intra-Asia network and linking China, Korea and the east Russia coast, effective from week 34.
The Golden Horn is a weekly service that will connect the largest container terminal...
As the air cargo industry prepares for a Covid-19 vaccine, some experts are warning of logistical challenges for worldwide distribution, writes Sam Whelan in an article published in the LoadStar.
Optimal Transport of the Vaccine
This week the International Air Cargo...
HMM St Petersburg has been completed at the Samsung Heavy Industries' shipyard.
It has some interior work, including the installation of automation systems and facilities to be installed.
The container vessel is one of HMM’s 12 mega-sized carriers.
...
HMM sails into the black after 21 quarters, but half-year is still red, carrying forward a loss of $31m.
Posted a net profit of $23m for Q2 20, compared with a loss of $54m in 2019.
Q2 revenue...
