Maersk sees record earnings continuing into 2022
A.P. Moller – Maersk (Maersk) has delivered on the strong profits guidance it gave back in January. Today, it reported record earnings for 2021: Revenue was up 55% to $61.8 billion, EBITDA
A.P. Moller – Maersk (Maersk) has delivered on the strong profits guidance it gave back in January. Today, it reported record earnings for 2021: Revenue was up 55% to $61.8 billion, EBITDA
The Port of New Orleans (Port NOLA) ended the year in 2021 strengthening its economic benefit to the region and state with wins across all four of its lines of business: cargo,
In another indication of the strength of the container shipping market, Athens-headquartered Euroseas Ltd. (NASDAQ: ESEA) today reported the extension of the charter of its M/V Evridiki G and a new time
Two Biden administration cabinet members, Secretary of Transportation Pete Buttigieg and Secretary of Agriculture Tom Vilsack, have written leading ocean carriers. They urge them to help mitigate disruptions to agricultural shippers of
Move over Facebook, Amazon, Netflix and Google, you’re currently being outperformed financially by the ocean carrier giants. Actual net income for the container shipping industry in third quarter 2021 was $48.1 billion,
In its latest briefing on the port congestion issue and its impact on the supply chain, the White House notes good progress in shifting import cargoes through the ports of Los Angeles
Port congestion isn’t just a containerships and California problem, it’s a global issue across a range of shipping sections and has now reached new highs according to the latest Clarksons Port Congestion
Officials at the Port of Oakland, Calif., are calling on shipping lines to route more to the port in the middle of supply chain crises elsewhere. The port says its marine terminals
The Port of Los Angeles is set to move to 24/7 operation as part of a broad range of initiatives to tackle port congestion and supply chain challenges. Following up on work
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