ONE opts for South Korean newbuilds to avoid hefty US port fees
Faced with hefty US port fees for Chinese-built box ships, ONE is in discussions with ...
CMA CGM has shot to the top of the Q3 carrier earnings league table, posting a net profit of $5.6bn for the period.
And it said there would be an “even stronger” result to come for the final quarter.
The group’s consolidated revenue soared by 89%, compared with the same period of 2020, to $15.3bn, mostly driven by its liner business.
Turnover from container shipping doubled over Q3 of last year, to $12.5bn, from a 2.5% decrease in volumes, at 5.45m teu, for ...
European port congestion now at five-to-six days, and getting worse
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