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Profits in the global container shipping industry surged by more than $10 billion in the second quarter

2024-09-03

The global container shipping industry surged more than $10 billion in profits in the second quarter, causing concern in the industry. According to industry experts, the industry is expected to achieve further growth in the coming quarters.

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Shipping delays have paralysed two of India's biggest ports due to extreme weather and a surge in shipments

2024-09-03

India's west coast ports, especially Mundra Port, are expected to take a week or more to recover due to a surge in cargo volumes and extreme weather that have disrupted operations, delayed ships and backlogged cargo. Mundra Port's woes are having a r

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Suddenly, the container ship Groton operated by CMA CGM was attacked

2024-09-03

The container ship Groton, operated by CMA CGM, was attacked by Houthi fighters in Yemen. The attack was the latest in a series of operations targeting commercial shipping in the Gulf of Aden. The report said the crew was safe and there was no mentio

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Net profit of 1.104 billion yuan, Tangshan Port released the semi-annual report for 2024

2024-09-03

Tangshan Port achieved revenue of 2.978 billion yuan in the first half of the year, an increase of 1.81%; Net profit returned to the mother was 1.04 billion yuan, up 7.24% year-on-year; Non-net profit of 1.074 billion yuan, an increase of 4.73%; The

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Net profit of 2.642 billion yuan, Qingdao Port released the first half of 2024 performance report

2024-09-03

Qingdao Port released its performance report for the first half of 2024, and its operating income was about 9.067 billion yuan, down 0.98% year-on-year, and the net profit attributable to shareholders of listed companies was about 2.642 billion yuan,

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ONE launched three new routes connecting East Asia and the Middle East, calling on several ports in China

2024-09-03

ONE announced the launch of new routes between Asia and the Middle East, Middle East Express GLX, Central China Middle East Express CMX, and South China Middle East Express SMX.

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The rate for the European line is 4500 USD

It can only rise and not fall, the shipping company announced a big suspension before the golden week

2024-09-02

Shipping companies cancelled a large number of Asia-Europe and Asia-America export voyages ahead of the National Day holiday due to fears of plunging freight rates. "More" outages are expected this year during the critical weeks of weak demand during

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Maersk has placed orders for 32 LNG-powered container ships at three shipyards in China and South Korea

2024-09-02

Danish shipping giant AP Moller-Maersk is moving quickly to sign new shipbuilding orders for up to 32 LNG dual-fuel container ships at three shipyards, worth a total of more than $6.6 billion.

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Ningbo Port released the first half of 2024 performance report

2024-09-02

Ningbo Port released its performance report for the first half of 2024, with an operating income of 14.442 billion yuan, up 16.32% year on year.

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The Biden administration delayed an announcement involving tariffs on China

2024-09-02

The Biden administration again delayed the announcement of steep tariffs on Chinese-made electric vehicles, batteries, semiconductors and solar cells, saying it would announce a final decision in the coming days.

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