CMA CGM sees profits plunge again with new capacity to ‘pull down freight rates further in 2024’
French outfit remains cautious in forecast for 2024 amid influx of vessels and tepid growth forecast
Containerships
Viasea banking $15m from Norway to build hydrogen-fuelled container ships
Norwegian line planning to order two vessels that will cut emissions by 75% initially
Viasea banking $15m from Norway to build hydrogen-fuelled container ships Read More »
HMM profits plunge nearly $2bn as container demand sinks
Carrier cuts costs and diversifies as profits evaporate
HMM profits plunge nearly $2bn as container demand sinks Read More »
Varamar teams up with Cosco for break-bulk shipping venture
Belgian owner and Chinese state giant to cooperate in global trades
Varamar teams up with Cosco for break-bulk shipping venture Read More »
Yang Ming profit drops by $1.6bn in third-quarter container ship slump
Taiwanese owner says it is monitoring changes in regional markets
Yang Ming profit drops by $1.6bn in third-quarter container ship slump Read More »