Hapag Lloyd has reported strong and robust profits before tax for the calendar year so far, and raised its 2024 full-year earnings estimates despite the ongoing geopolitical uncertainty surrounding the
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Asia’s global shipping stranglehold
Asian countries are still maintaining a stranglehold on the most productive positions in the global Liner Shipping Connectivity Index, with China, the Republic of Korea and Singapore according to the United
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Strikes, storms impacting global freight supply
Ongoing issues in the United States and Middle East continue to impact shipping across the Asia Pacific region according to C.H. Robinson Vice President of APAC Andrew Coldrey.
Although the recent longshoreman’s
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Peak container shipping period to shape 2025 dynamics
Container xChange has released its October container market forecast, with continued geopolitical conflict in the Middle East still contributing to volatility in the global container shipping market.
The
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Maersk predicting strong Q4 performance
International shipping giant A.P. Moller-Maersk says it expects global demand for container shipping to remain strong in Q4 of 2024, with strong exports from the Far East contributing to the heady projections.
A
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Maersk flying despite Red Sea uncertainty
Despite continued disruptions on the Red Sea shipping route, logistics giant A.P. Moller – Maersk (APMM) has further updated its 2024 profit projections, with the Danish company now expecting a profit
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Capacity crunch leads to ocean freight code red
A code red warning has been issued to all ocean freight markets except intra-Asia, with a capacity crunch caused by high demand and network bottlenecks returning the freight rate to similar levels of the
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Report finds supply chain pressure still among top industry concerns
New research from GlobalData has found that logistics and shipping companies are still finding supply chain pressure to be a major issue in the first quarter of this year.
Amid the ongoing Red Sea crisis
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