Ocean Network Express
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American Shipper
HMM Nuri slated to transit Suez Canal on maiden voyage
The South Korean container carrier expects the Suez Canal backlog to be cleared by the time the HMM Nuri arrives in mid-April.
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News
Alabama State Port Authority’s growth story transcends geographical luck
More and more beneficial cargo owners (BCOs) are moving manufacturing and warehousing to Alabama.
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American Shipper
Ocean carriers take heat for profiting ‘so handsomely’ while service plunged
AgTC’s Peter Friedmann said Hapag-Lloyd’s Rolf Habben Jansen failed to mention in a press conference that the container shipping lines are enjoying record profits “while…
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American Shipper
HMM makes billion-dollar turnaround from loss to record profit
Korean container carrier HMM expects equipment and capacity shortages to continue at least through the end of the first quarter.
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American Shipper
ONE has second quarter of ‘significantly increased’ profit
Ocean Network Express takes giant profitability leap — from $5 million to $944 million year-over-year.
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American Shipper
Hapag-Lloyd’s earnings ‘significantly higher’ despite uncertainty of 2020
Hapag-Lloyd credits higher freight rates and lower bunker prices as “the main drivers of these positive business developments.”
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Maritime
Crew in the crosshairs: Piracy, kidnappings, stranded by COVID
In Africa, one seafarer is dead and 15 have been kidnapped. Worldwide, more seafarers are being barred from travel as COVID fears rise.
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American Shipper
Hapag-Lloyd, ONE order ultra large container ships
Hapag-Lloyd and ONE have ordered 12 ultra large container ships, all of which will be able to carry more than 23,500 TEUs.
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Maritime
Container ships suffer record delays as demand spikes
Will your cargo ship arrive on time? Globally, the chances are now 50-50. In the Asia-U.S. container trade, it’s less than one in three.
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American Shipper
ONE Apus container loss shows need for ‘real-time information’
Removal of dislodged containers is expected to take more than a month, and none of the 1,816 units that fell into the Pacific have been…
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