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Weekly Bulk Report – Week 46, 2019

The Baltic Briefing has released a report about the dry bulk market of the 46th week of shipping activities of this year. The report...

Q3 Report: Maersk Benefits from Lower Fuel Prices

According to an article published in The Loadstar, the peak trade season has turned out to be a damp squib. Upgradation to EBITDA guidance Notwithstanding “slower...

Maersk Shows Increased Operational Profitability in Third Quarter!

Maersk’s third quarter is characterised by improved profitability across the business. Earnings before interest, tax, depreciation and amortization (EBITDA) improved 14% to USD 1.7bn...

MSC Poaching Maersk’s Ex-COO Toft As CEO?

According to a Reuters report, shipping firm MSC has poached rival A.P. Moller-Mærsk’s former head of operations Soren Toft to become its new chief...

Cruise Giant Set To Sail Its First Quantum Ultra-Class Ship

According to a Ship Technology report, Royal Caribbean International’s first Quantum Ultra-Class ship Odyssey of the Seas is set to debut in Florida, US,...

Damen, Europoort Lay Keel for Unique Diving Bell Ship

Damen held the keel-laying ceremony for WSA KOBLENZ’S new diving bell ship, says an article published in their website. Keel laying ceremony The keel-laying ceremony has...

Mark Frese To Takeover Nicolás Burr As CFO of Hapag-Lloyd

According to an article published in The Loadstar, Hapag-Lloyd has appointed Mark Frese to replace Nicolás Burr as its chief financial officer. Mark Frese to...

Maersk Spot Makes Container Shipping As Easy As Booking An Airline Ticket!

The shipping industry is stuck in the past and the challenges are many and well-known; last-minute changes in pricing; lengthy booking processes, and limited...

Digitisation To Reverse Carrier Margin Decline by Reducing Additional Costs, Says Hamburg Sud

Frank Smet, chief commercial officer at Hamburg Sud, told delegate at the keynote session of the TOC Americas Container Supply Chain conference in Cartagena  that the only way to...

Japan’s Busiest Port Registers Declined ‘In and Out’ Freight Volumes

Freight volumes in and out of Japan’s busiest port, the Port of Tokyo, have declined in the first six months of 2019 compared to...
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