The carrier reported a steep drop in profitability as declining rates combined with higher costs of rerouting ships around southern Africa and s (read more)
The entire port workforce walked off the job almost two weeks ago to protest a government decision to lease the port’s busiest terminal to DP World. (read more)
Ship operators say a return to the Red Sea hinges on broad shipper acceptance across multi-shipper voyages, according to a survey conducted by One Wor (read more)
The new vessels are shorter and narrower than most 400-meter megaships that are mostly confined to the Asia-Europe trade, giving the carrier more depl (read more)