Markets

Maersk again boosts earnings guidance

Container shipping giant A.P. Møller – Mærsk A/S (APMM) said today that, for the first two months of third quarter 2021 it has “recognized a financial performance significantly ahead of our previous

Peter Sand

Peter Sand leaves BIMCO to join Xeneta

BIMCO’s chief shipping analyst Peter Sand is leaving the international shipping association to join Oslo-headquartered ocean and air freight rate benchmarking and market analytics platform Xeneta, where he will serve as chief

Navios logo on ship stack

Navios to merge tanker and bulker companies

In what Chairwoman and CEO Angeliki Frangou calls a “transformative transaction,” dry bulk specialist Navios Maritime Partners L.P. (NYSE: NMM) and tanker specialist Navios Maritime Acquisition Corp. (NYSE:NNA), are to combine. “The

Eli Glickman

ZIM reports record earnings

Haifa, Israel, headquartered ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) today reported record consolidated results for the three and six months ended June 30, 2021, that included a whopping 1,581% year-on-year increase