New numbers surpasses 2009 record The coronavirus has set a new record for the amount of inactive container tonnage around the world, smashing the huge volumes of idled boxships [...]
Airline increases global market share by 4.1 % Turkish Cargo has seen impressive growth in 2019, according to international air cargo information provider WACD’s December data. The airline achieved [...]
Collected revenue loss exceeds $1.5bn Ocean carriers have withdrawn more than 1.67m teu of export capacity from China since the lunar new year holiday, according to an Alphaliner survey. [...]
Hamburg-based shipping line reports year-on-year profit raise of 80% FRANKFURT (Reuters) - German container shipping line Hapag-Lloyd (HLAG.DE) raised its 2019 operating profit by 80% to 811 million euro [...]
Group remains hopeful about the future thanks to transformation program A better performance by associates and joint ventures (JVs) led Singapore Airlines (SIA) to post a 10.9 % increase [...]
Coronavirus dashes hopes of 2020 revival Both the tonnage handled at major international cargo hubs and the total tonne kilometres moved on principal routes track the business cycle closely, [...]
Korean Shipping company manages to narrow net losses Hyundai Merchant Marine, South Korea's biggest shipping company by sales, said Thursday that its net losses narrowed in 2019 from a [...]
Singaporean shipping line to focus on other regions Singapore’s shipping company Pacific International Lines (PIL) has decided to withdraw its services from the Transpacific market in an effort “to [...]
Other carriers expected to follow with megamax orders South Korean flagship HMM has revealed the actual capacity of its mega boxship series set to start trading from early May, [...]
Experts expect a first quarter loss of 6m TEU Every segment of the shipping industry is now choking on reduced volumes of cargo sparked by the coronavirus in China, [...]
