Yang Ming reports massive rise in profit, and orders more ships
Taiwanese carrier Yang Ming today reported revenue of $6.94bn last year, representing a 54% increase ...
Seaspan Corporation is bullish on the prospects for the charter market for the second half of the year, as ocean carriers look for tonnage to take over from ships being fitted with scrubbers.
The world’s largest boxship lessor said ship availability in the 6,000 teu-plus sectors was “becoming tight”, as carriers looked to tie up charters for 12-month periods, as well as to fill in gaps resulting from the further slowing of operational speeds ahead of IMO 2020.
“What we are seeing ...
New senior management for DSV as it readies for DB Schenker takeover
Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Amazon pushes into LTL for small package fulfilment and UPS does a u-turn
Asian exporters scramble for ships and boxes to beat 90-day tariff pause
Temporary tariff relief brings on early transpacific peak season
'Tariff madness' will prompt renegotiation of ocean shipping contracts
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Hongkong Post suspends services to 'unreasonable' and 'bullying' US
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