In a move that underscores the country’s expanding global ambitions, India announced a multifaceted maritime initiative to bolster trade and widen the country’s reach in seaborne commerce. Plans call ...
Prices on consumer goods have surged to 31-year highs as retailers face a very real supply chain crisis ahead of the holiday season. But one group is profiting off of Christmas woes and celebrating ...
Atlantic Container Line (ACL) held a christening ceremony for its new G4 vessel, the Atlantic Sun, on Wednesday, at FAPS Port Newark Auto Marine Terminal at the Port of New York & New Jersey. The ACL ...
China’s largest container shipping line saw massive gains in revenue and profits in 2024. Cosco Shipping Holdings reported operating revenue of $33.29 billion in 2024, an increase of 33.29% from the ...
April 26, 1956, is widely regarded as a key date in the history of container shipping when standardised containers were first used to transport cargo by sea. The converted tanker ‘Ideal X’, which ...
MAN Energy Solutions will deliver the world's most powerful two-stroke methanol engine in June 2025. The engine, an MAN B&W 12G95ME-C10.5-LGIM (-Liquid Gas Injection Methanol) type rated at 82,440 kW ...
The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%, according to a new forecast, buoyed by logistics and labour strains that are ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Deira, an 18-year-old container ship, looks serene as she steams steadily towards the Port of New York and ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. On the Bayonne Bridge, high above the water that connects New York harbour with New Jersey’s Newark bay, ...
French container shipping line CMA CGM SA said Monday it has shut down some of its technology systems as it copes with a cyberattack at two of its Asia-Pacific subsidiaries. People involved in the ...
Over the last 5 years, the share price of Lancer Container Lines has gained 27.68% CAGR. Over the past year, the corresponding return has been -60.96%. Lancer Container Lines’s current P/E of -12.99x ...
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