Lawmakers have introduced bills that would tap into unspent COVID-19 relief funds to help compensate vessel owners looking to reroute ships away from choked Southern California ports.
Ocean carrier says the onus in on marine fuel suppliers to scale up production to meet target dates.
World’s second largest container fleet continues push with ultra-large container ships.
Third largest carrier reports rebound in results, partially thanks to rates and partially to subsidies.
Chinese shipping giant Cosco (HKEX: 1919) was last weekend given, for free, 45 percent of the equity of ports and shipping operator, Hainan Shipping Holding. Cosco’s not just getting a […]
Trans-Pacific volumes and revenue up with OOIL acquisition, but stand-alone results reflect seasonal weakness.
World’s largest operator of marine terminals saw first quarter throughput at its non-China-based assets grow faster than China-based ones.
Chairman makes mea culpa on previous energy bets as he pledges the focus will be making container shipping simple and easy.
OOIL fleet boosts Cosco’s volumes and revenue, but rates were stagnant and high finance costs push profit lower.
