More consolidation in the container shipping business: Hamburg-headquartered Hapag-Lloyd and Haifa, Israel-headquartered ZIM Integrated Shipping Services Ltd have signed an agreement under which Hapag-Lloyd will acquire 100% of ZIM’s shares for a
As Netherlands-based Cargo Care Solutions marks its 40th anniversary, the company stands at a pivotal moment of growth and innovation. Known for its global expertise in servicing and supplying spare parts for
For the first quarter of 2025 A.P. Moller – Maersk A/S (Maersk) reports revenue growth of 7.8% to $13.3 billion with EBIT increasing to $1.3 billion from $177 million a year ago.
Container shipping firm Hapag-Lloyd published its new annual report yesterday, March 20. According to the report, a slight increase in the operating result was achieved in 2024 while lower results are expected
Red Sea woes have had the effect of blotting up container capacity and one of the largest containership operators of all, A.P. Moller – Maersk, reports strong financial results for 2024 with
by Stamatis Tsantanis, chairman and CEO of Seanergy Maritime Holdings Corp. & founder, chairman and CEO of United Maritime Corporation Shipping is the cornerstone of global trade, making it highly sensitive to
The Zero Emission Maritime Buyers Alliance (ZEMBA), a shippers’ group whose members include major freight buyers such as Amazon, IKEA and Levi Strauss, is moving to accelerate the deployment of e-fuels in
Container shipping and logistics giants Maersk and CMA CGM have decided to collaborate on several areas relating to decarbonization, particularly on developing the use of alternative greener fuels for container vessel propulsion.
Getting the new green fuels, such as e-methanol, that shipping needs to meet its climate ambitions will depend on the roll out of power-to-X facilities that can produce those fuels at scale,
Back in November, the White House sent a clear signal that the nine carriers and three alliances that dominate the global container shipping market were going to face increasing U.S. scrutiny. At
