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Steel boxes pile up at ports after sharp drop in demand following pandemic-era boom
Shipping group signals industry’s pandemic-driven boom is over as demand and freight rates fall
One of world’s largest shipping groups says country’s consumers are still ‘stunned’ by Covid disruptions
Maersk and Hapag-Lloyd deliver big payouts to investors despite threat of falling profits
Head of France’s CMA CGM cautions businesses are seeking alternative freight routes as political relations sour
Danish group expects drop from last year’s record $31bn to $2bn-$5bn in 2023
Use of rotor sail technology set to boom as new carbon efficiency regulations force change
As Danish shipping company seeks to transform into a broader logistics group, it faces rising competition from MSC
Groups to terminate partnership in 2025 as fierce rivalry over transporting goods intensifies
Søren Skou set to hand over the rein with best results in Danish group’s history
Head of Danish group’s ocean and logistics business to take over from company veteran Søren Skou
Shipping company says more affordable green fuel must be offered by suppliers
Danish group expects earnings, demand and shipping freight rates to shrink
Industry cycle appears to have peaked, with analysts warning of falling profitability next year
Shipping group set to take Asian warehousing business acquired in December worldwide
Korea Shipbuilding & Offshore Engineering chief expects alternative fuel boom
US Department of Justice planned to sue to block move over antitrust concerns as it cracks down on Chinese deals
Eight-day walkout at Felixstowe could hit as much as $800mn of trade as summer of labour disputes continues
Soon may the taxman come
Container shipping group says normalisation in freight rates will take longer than expected
Longshore and shipping lines say ‘cargo will keep moving’ but past talks featured disruption
US and European companies spreading production around Asia rather than reshoring, shipping group chief claims
World’s largest shipping group by profits foresees risks building up in global economy
Regulatory risks will grow the longer that profits appear unmoored from costs
Supply chain problems may curb container shipping volumes this year but will help buoy freight rates
International Edition