IATA analysed that belly capacity shrunk with by 25% in 2020 A year after the onset of the COVID-19 pandemic destroyed demand for air travel, cargo remains the sole [...]
Port of Antwerp shrinking the volume gap with Rotterdam The Port of Rotterdam clung to its title as Europe's busiest container port, despite a 3.2 per cent year on [...]
Triton profits from exceptional container pricing Triton International Ltd has reported a $115.2 million profit, or $1.70 per diluted share, for the fourth quarter, beating analysts’ consensus of $1.43 [...]
Israeli container carrier ZIM sees shares jump 64% after debut After years of failed attempts, ocean carrier ZIM finally went public on Jan. 28, pricing an IPO and listing [...]
Hapag Lloyds profit soars in first quarter Germany's Hapag-Lloyd sees its first-quarter operating profit more than tripling to at least 1.5 billion euros ($1.81 billion) thanks to strong demand [...]
Passenger volumes shift further downwards while belly capacity disappears Hopes for a recovery in belly hold airfreight capacity to relieve the tight lift situation are fading as passenger traffic [...]
Hapag-Lloyd new builds will reduce substantially CO2 emissions up to 25% Hapag-Lloyd is breaking new ground in financing by concluding two debut transactions according to the Green Loan Principles [...]
Hyundai Merchant Marine scores $ 831 million turnover in 2020 Highest operating profit ever recorded in the worst year ever. 2020 ends on a positive note for Hyundai Merchant [...]
DP World strong Q4 2020 results in 0.3% annual growth Dubai-based global ports operator DP World handled 71.2 million container units in 2020, a 0.2 percent rise like-for-like, in [...]
Container carriers spilling equipment into oceans We continually read, see and hear news of hundreds of containers fallen into the sea from large containerships with their huge decks full [...]
