Yang Ming Witnesses Profit Despite Reduction in Container Liftings
Yang Ming contributed a profit of $18.6m despite a 15% reduction in container liftings.
The profitability was thwarted by a $21m loss in...
MSC Launches New Service To Update Their ‘Intra-Asian’ Network
MSC announced its Golden Horn service, complementing its existing intra-Asia network and linking China, Korea and the east Russia coast, effective from week...
How Air Cargo Is Preparing for Vaccine Delivery?
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...
A Look Inside the World’s Biggest Container Ship
HMM St Petersburg has been completed at the Samsung Heavy Industries' shipyard.
It has some interior work, including the installation of automation systems...
HMM Records $23m Profit for Q2 2020
HMM sails into the black after 21 quarters, but half-year is still red, carrying forward a loss of $31m.
Posted a net profit...
DHT Acquire Stocks at Spot Rates
The leading tanker major DHT is back in takeover mode with asset prices poised to fall, DHT preps to buy.
The quarterly call...
Westwood Shipping Lines Appoints New CEO
US conbulk shipping operator Westwood Shipping Lines has appointed Jack Mahoney as the new president and CEO of the company, reports Marine Link.
He will...
LNG Newbuild Orders Shuffle Global Shipyard Ranking
Korean shipyards replace Chinese rivals and retake the global top spot in July with LNG vessels, says an article published in Korean Investors.
LNG newbuilds
South...
How Maritime Insurers Bridge The Gaps in Maritime Trade
A recently published article in the Insurance Business Magazine highlights what makes the maritime insurance industry click and how it functions to strengthen the...
Crane Worldwide Logistics Appoints New CIO
Crane Worldwide Logistics has hired Brannon Kuykendall as chief information officer.
The company aims to focus on technology, service, and people to drive business growth...
