Q2 container line earnings could surprise to the upside
Expectations for peak season have waned, but container lines may have bounced off the bottom.
Expectations for peak season have waned, but container lines may have bounced off the bottom.
The container shipping party is over — that’s old news. Yet headlines continue to focus on comparisons to the peak.
Ocean carrier revenues fell sharply in the fourth quarter versus the third and continued sinking in January.
The biggest container ships sailing on the oceans can carry more than 24,000 TEUs and are as tall as the Empire State Building.
The pilot of the Ever Forward could face civil charges as a result of the vessel being stuck in Maryland’s Chesapeake Bay for more than a month.
New disclosures by Asian ocean carriers confirm that container shipping lines remain extraordinarily profitable.
Five hundred containers were removed from the Ever Forward to lighten its load and help salvage crews refloat the vessel stuck in Chesapeake Bay.
If at first you don’t succeed, switch to plan B.
Maritime authority Lars Jensen says the “reality is that vessels do at times get stuck and this is not an event with major global ramifications.”
Carrier profits are reaching previously unimaginable heights as supply chain disruptions supercharge gains.
The Ever Ace is at nearly 24,000 TEUs, but ports may not be able to handle that much capacity.
The Ever Given, stuck in the Suez Canal for six days in March, finally berthed at the Port of Rotterdam on Thursday.
The saga of the Ever Given moves to its next chapter as the container ship that captured the world’s attention when it became wedged between the banks of the Suez Canal in March is released from custody in Egypt to resume its voyage to the Netherlands.
An agreement reportedly has been reached that will allow the Ever Given to finally resume the voyage halted when the container ship became wedged between the Suez Canal banks in March.
From A.P. Møller – Maersk to ZIM, the world’s shipping lines reported huge profit jumps.
As cargo shippers struggle, container-vessel companies rake in massive profits. Early signals point to record Q1 results.
‘We pulled it off!’ says salvage company Boskalis after freeing the container ship.
Officials say a sandstorm caused the Ever Given container ship to become lodged in the Suez Canal.
Additional dredgers have been brought in to help dig out the 20,000-TEU Evergreen Marine container ship.
“Strong winds” are blamed for causing the 20,000-TEU Ever Given to get stuck and block Suez Canal traffic in both directions.
Vessels are backed up on both ends of the Suez Canal as tugs work to free the ultra large container ship Ever Given.
A language barrier of sorts may be blocking shipping lines and ports from adopting common technology platforms.
Nine carriers in the Digital Container Shipping Association say eliminating paper from transactions will improve all aspects of the process.
Evergreen Marine said third quarter operating income was 11 percent higher than in the same 2018 period, but profit from continuing operations plunged.
World’s second largest container fleet continues push with ultra-large container ships.
The beleaguered dry bulk shipping sector is nearing its post-financial-crisis peak. Is it sustainable?
Evergreen Marine reports a second quarter profit and says it will add 23,000 TEU ultra-large containerships to its fleet.
A consortium to improve the technology used in container shipping just got larger with the addition of several big names in the liner business. The Digital Container Shipping Association (DCSA) […]