Industry news

27 11, 2020

MSC challenging Maersk as #1 global container carrier

2020-11-27T13:34:51+02:00

MSC/Maersk difference reduced to only 160.000 TEU container capacity Swiss Italian shipping line Mediterranean Shipping Company (MSC) is closing the capacity gap on its 2M partner, Maersk by continuing to [...]

MSC challenging Maersk as #1 global container carrier2020-11-27T13:34:51+02:00
26 11, 2020

Japanese Government launching idea of merging ANA & JAL

2020-11-27T13:56:54+02:00

Japan Airlines and ANA heading for a merge when pandemic continues A Japanese government advisor has suggested that ANA and Japan Airlines should consider merging as the crisis continues. With [...]

Japanese Government launching idea of merging ANA & JAL2020-11-27T13:56:54+02:00
24 11, 2020

Federal Maritime Commission looking into fact-finding on ocean carriers container policy

2020-11-24T10:21:23+02:00

US FMC researching on demurrage and detention policy applied from shipping lines Amidst a surge of import volume and unprecedented congestion at the nation's biggest container seaports, the Federal Maritime [...]

Federal Maritime Commission looking into fact-finding on ocean carriers container policy2020-11-24T10:21:23+02:00
20 11, 2020

ZIM posts historical profit in Q3 of $ 144.4 million

2020-11-20T15:10:30+02:00

ZIM crushes breaking results as profit and volumes soar In the third quarter of 2020, the company's revenues israeli navigation ZIM increased by +20.3% amounted to $1.01 billion compared to [...]

ZIM posts historical profit in Q3 of $ 144.4 million2020-11-20T15:10:30+02:00
19 11, 2020

Hapag Lloyd posts solid Q3 profit increase with 73%

2020-11-19T10:17:04+02:00

Hapag Lloyd Q3 net profit up with $ 290 million Hapag-Lloyd delivered strong third quarter results with earnings before interest, taxes, depreciation and amortisation (EBITDA) of more than USD 2 [...]

Hapag Lloyd posts solid Q3 profit increase with 73%2020-11-19T10:17:04+02:00
18 11, 2020

HMM reports second best quarter ever in history for Q3 2020

2020-11-17T10:40:17+02:00

HMM doubling Q2 profit result in Q3 South Korea’s leading container carrier HMM Co. reported its highest quarterly operating profit in a decade in the third quarter thanks to a [...]

HMM reports second best quarter ever in history for Q3 20202020-11-17T10:40:17+02:00
16 11, 2020

Asiana Airlines in negotiation with South Korean Hanjin Group for take over

2020-11-16T10:22:32+02:00

Korean Air looking for potential acquisition with rival Asiana Airlines South Korea’s Hanjin Group, owner of the nation’s largest airline Korean Air Lines Co Ltd , is in talks to [...]

Asiana Airlines in negotiation with South Korean Hanjin Group for take over2020-11-16T10:22:32+02:00
13 11, 2020

Yang Ming reports revenue increase with 2.8% in Q3 2020

2020-11-13T10:13:43+02:00

Yang Ming suffers volume drop with 10.9% year-on-year Yang Ming has announced its Q3 2020 financial results. Its consolidated revenues for the third quarter totalled $1.3bn, up 2.8% from the [...]

Yang Ming reports revenue increase with 2.8% in Q3 20202020-11-13T10:13:43+02:00
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