Despite rising costs and geopolitical challenges, 2024 is shaping up to be the third most profitable year in container shipping history Esta entrada 2024 Set to Be Third Most Profitable Year for Liner Shipping Aparece primero en FullAvanteNews ..read more

NGO Warns of Stagnant Emissions from Europe’s Container Ships: Calls for Urgent Action from the shipping industry. Esta entrada NGO Warns of Stagnant Emissions from Europe’s Container Ships Aparece primero en FullAvanteNews ..read more

CMA CGM, Maersk, and COSCO Compete for Market Dominance in Asia-North America Trade, according to Alphaliner Esta entrada CMA CGM, Maersk, and COSCO Compete for Market Dominance Aparece primero en FullAvanteNews ..read more

Mega-Containership and Oil Tanker Collide in Gibraltar Strait A crude oil tanker and one of the largest containerships in the world collided early Tuesday, December 3, in the Strait of Gibraltar. The incident involved the Gloria Maris, a crude oil tanker with 25 crew members, and the HMM St. Petersburg, a mega-containership with 24 crew […] Esta entrada Mega-Containership and Oil Tanker Collide in Gibraltar Strait Aparece primero en FullAvanteNews ..read more

Artificial intelligence is transforming how we understand and protect the ocean, safeguard marine ecosystems, and explore uncharted waters, according to sources. Esta entrada Artificial Intelligence for Ocean Conservation and Exploration Aparece primero en FullAvanteNews ..read more

Carriers are evaluating the advantages and limitations of liquefied natural gas (LNG) and methanol, a major decision for the Shipping Industry. Esta entrada LNG vs. Methanol: Weighing the Green Transition of the Shipping Industry Aparece primero en FullAvanteNews ..read more

According to sources, the Shipping Industry Divided on Green Fuel Strategies, the main ocean carriers have to commit. Esta entrada Shipping Industry Divided on Green Fuel Strategies Aparece primero en FullAvanteNews ..read more

Container Shipping Profits Soar Amid Red Sea Crisis The container shipping industry experienced a dramatic rebound in Q3 2024, with net profits reaching $26.8 billion—a 164% increase from Q2—according to industry analyst John McCown. This surge, reversing a six-quarter decline since the $63.1 billion peak in Q2 2022, has been driven by capacity constraints in […] Esta entrada Container Shipping Profits Soar Amid Red Sea Crisis Aparece primero en FullAvanteNews ..read more

COSCO Group, the Chinese shipping giant listed in Hong Kong and Shanghai, has reported a net profit of USD 3.1 billion a remarkable 375% year-on-year increase. Esta entrada COSCO Group $3.1 Billion Net Profit in Q3, Driven by Strong Volume Growth Aparece primero en FullAvanteNews ..read more

CMA CGM's highest quarterly earnings in over 18 months, largely driven by an uptick in volumes and higher shipping rates. Esta entrada CMA CGM Reports Strong Q3 Profits Amid Increased Shipping Demand Aparece primero en FullAvanteNews ..read more