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CMA CGM posts weak 2Q earnings amid declining market
CMA CGM somber earnings for 2Q 2023 paint a bleak picture for transport + logistics: French shipping giant CMA CGM’s…
Bahri’s bottomline rises 286.95% spike in 2Q 2023 + motorcycle leasing firm EasyLease sees income fall in 1H 2023
The company’s financials improved on the back of elevated shipping rates and strong oil and chemicals sector performance
New Maersk Middle East service linking six countries comes into service
The service will help expand direct trade between the six MENA countries with a “faster and cost-effective transit”
UPS + Teamsters reach labor agreement, averting strike + Panama Canal limits ship crossings due to drought. PLUS: DHL now owns Turkey’s MNG Kargo
United Postal Services (UPS) and the Teamstersunion have reached a preliminary labor agreement, averting a potential strike by the union's…
No peak season for shippers this year?
Shipping companies are bracing for a disappointing peak season this fall, the Wall Street Journalreports. So far, there are no…
Nuclear propulsion for shipping could help speed up the path towards net zero
Nuclear-powered shipping can improve vessels’ operational efficiency and cut back on emissions,according to an American Bureau of Shipping (ABS) study…
UK + France unveil new measures boosting seafarers’ working conditions
The UK + France introduce new initiatives to improve conditions for seafarers: The UK government has unveiled a new package…
Al Seer Marine reports lower net income in 2Q 2023
Al Seer marine turned to a loss in 1H 2023 due to a loss on investments spurred by a tough…
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