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Maersk expects supply chain chaos to buoy 2022 profits

by gsdominio@gmail.com | Feb 10, 2022 | Uncategorised

COPENHAGEN: Shipping group Maersk expects 2022 earnings to be around as high as last year, it said on Wednesday, as the supply chain disruption that sent freight rates soaring extends into the first half.  It expects underlying earnings before interest, tax,...

Klochubar and Thune introduce Ocean Shipping Reform Act in the Senate

by gsdominio@gmail.com | Feb 8, 2022 | Uncategorised

Following the passing of the Ocean Shipping Reform Act (OSRA) in December 2021 by the United States House of Representatives by a convincing 364-40 vote, the bill was introduced yesterday in the Senate by Senator Amy Klochubar (D-Minn.) and Senator John Thune...

Valenciaport improves pre-pandemic activity: More than 5.6 million TEUs in 2021 and 85 million tonnes mobilised

by gsdominio@gmail.com | Feb 3, 2022 | Uncategorised

Valenciaport has closed the 2021 financial year with over 5.6 million TEUs (standard 20-foot container) and 85 million tonnes, numbers that improve activity with respect to 2020 and 2019, the latter being a pre-pandemic year. The import/export pull of Spanish...

Maersk is no longer the world’s largest shipping line

by gsdominio@gmail.com | Jan 27, 2022 | Uncategorised

Mediterranean Shipping Company (MSC) has unseated Maersk as the world’s largest shipping line by container capacity, according to data from the shipping analytics firm Alphaliner. The shakeup ends Maersk’s 25-year reign as the undisputed champion of cargo shipping....

The largest container ship of COSCO SHIPPING Lines arrived at the Valencia’s Port

by gsdominio@gmail.com | Jan 24, 2022 | Uncategorised

This past weekend, the container ship ‘CSCL Pacific Ocean’, belonging to COSCO SHIPPING Lines with a capacity of 19,000 TEU, has scaled for the first time at the CSP Iberian Valencia Terminal, being the largest container ship of the shipping company that...
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Recent Posts

After two years of shipping snarls, things are starting to turn around

After two years of shipping snarls, things are starting to turn around

After two years of port congestions and container shortages, disruptions are now easing as Chinese exports slow in light of waning demand from Western economies and softer global economic conditions, logistics data shows. Container freight rates, which soared to...

DP World adds new trade routes to open global markets, ease supply chain congestion

DP World adds new trade routes to open global markets, ease supply chain congestion

UAE-based global logistics major DP World said it added more than 23,000 nautical miles of new trade routes across the globe, including connections between India, Middle East and Africa, and new connections between Latin America, Europe and Asia during...

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