Maersk and Hapag-Lloyd have published their 2024 financial results, with Maersk reporting a 65% increase in EBIT to USD 6.5 billion, while Hapag-Lloyd’s EBIT grew slightly to USD 2.8 billion.

German liner company Hapag-Lloyd is favouring a return to South Korea’s Hanwha Ocean for its next tranche of LNG dual-fuel ...

Shipping, a proxy for trade and a health measure of the world economy, could see transport volumes rise between 2.8% and 3% ...

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The US Federal Maritime Commission (FMC) has announced that the Premier Alliance Agreement (No. 201435) can take effect on February ...

Following their third-best year ever in 2024, Maersk's balance sheet is in good shape, boasting a net debt/EBITDA ratio of close to zero despite significant capital expenditures and acquisitions over ...

Leyte’s Kalanggaman Island in Palompon town remains to be a most sought-after cruise destination in Eastern Visayas according ...

Vincent Clerc stressed it would cost "hundreds of millions of dollars" if the ocean carrier brought vessels back to the Suez ...

AMMAN - Aqaba Container Terminal (ACT) on Wednesday officially launched its new maritime service within the global Gemini Cooperation, enhancing Jord ...

Maersk, the world’s second-largest container line, reported solid gains in 2024 in its ocean, logistics and terminals ...

The "Bangkok Express" is the ninth vessel in the 23,660 TEU Hamburg Express Class. With only three sister ships remaining ...

Taking a well-to-wake approach to CO2 emissions means that the shipping industry will look beyond emerging engine ...