ECU Worldwide continues to suffer after cyberattack. Less-than-container load specialist’s owner, AllCargo Logistics, vows to ‘take any steps necessary, legal and otherwise, to protect our customers’ data and interests’ [...]
Maritime experts sent clear message for prevention of future shipping disruptions at the Suez Canal Egypt’s Suez Canal must move quickly to upgrade its technical infrastructure if it is [...]
Ten ocean carriers and 17 marine terminals under investigation by FMC In response to complaints by U.S. exporters and Democratic and Republican Congressional representatives, the U.S. Federal Maritime Commission [...]
OOIL breaks historical profit performance in 2020 Hong Kong-listed Orient Overseas (International) Limited continues the trend among liner companies of clocking up extraordinary profits during the year of Covid-19. [...]
Yang Ming Marine Transport announces $ 404 million netto operating profit Yang Ming Marine Transport Corp on Thursday reported that it returned to the black last year with a [...]
Mega carriers struggling with capacity and service reliability For years, container shipping was a rough business. Margins were minuscule, the risks were high and growth prospects bobbed with the [...]
United Cargo has carried more than 51.000 tons of medical and pharmaceutical goods. On March 19, 2020, United operated its first flight carrying cargo without passengers on board. While [...]
New build container vessels exploding industry insight In ocean shipping, present success often breeds future failure. Across the decades, freight-rate spikes have spurred newbuilding sprees, wiping out freight rates. [...]
Zim Lines revenues up with 20% in 2020 Zoom wasn’t the only company to benefit from the pandemic; the Israeli shipping firm Zim has rebounded spectacularly in the past [...]
Expelling Seaways Logistics Services in Jeddah, Saudi Arabia from the Atlas Logistic Network Despite countless interferences from the Atlas HQ, Seaways Logistics Services located in Jeddah, Saudi Arabia has [...]
