Maritime Market News
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Hapag-Lloyd doubles operating result in first nine months
Ngày: 16-11-2019 | Lượt xem: 656Hapag-Lloyd doubles operating result in first nine months
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More carriers add transitional fuel charges
Ngày: 09-11-2019 | Lượt xem: 476More carriers add transitional fuel charges
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News Highlights week 44
Ngày: 05-11-2019 | Lượt xem: 500News Highlights week 44
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Ocean Network Express has recorded its first profitable quarter
Ngày: 05-08-2019 | Lượt xem: 523Ocean Network Express has recorded its first profitable quarter since the Singapore – based container shipping line launched in April 2018. The company – a joint venture set up by Japan’s NYK, MOL and K line – posted a profit of $5m for the first quarter of financial year 2019 ended June 30, compared with loss of $120m during the same period a year ago. The carrier reported $586m losses for the previous fiscal year affected by a lack of staff and technical issues during its start – up period.
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Container freight rates tracking 10% ahead of last year
Ngày: 25-04-2019 | Lượt xem: 624AVERAGE container rates out of Shanghai for this week are expected to decrease slightly but remain 10% higher for the year to date than last year.
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News highlights week 10 - 2019
Ngày: 13-03-2019 | Lượt xem: 615CMA CGM plans to focus on cost cutting in 2019 after reporting record fullyear revenue. Revenue in 2018 reached $23.5bn, up 11.2% on the previous year, as volumes hit a record 20.7m teu. But increasing fuel costs and exceptional items related to its investment in CEVA Logistics and Global Ship Lease took their toll on the bottom line, with consolidated net profit falling to just $34m. Excluding exceptional items, recurring net income was $150m.
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Asia-North Europe trade set for further weak growth
Ngày: 07-03-2019 | Lượt xem: 574FURTHER low growth in demand is expected this year on the key Asia-North Europe trade, forcing container lines to look to other trades for their big ships, according to Drewry.
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