The facility at Belcon will offer warehousing, cold storage, reefer capacity, and container depots, and will be run by logistics giant - Maersk. This is a clear move towards private participation at ...

The bonanza in newbuilding orders has benefited Chinese shipbuilders as carriers look to greener ships to replace ageing ...

Maersk announced the opening of the new 24-acre facility on November 4. The distribution center has the capacity to store 76,000 pallets, and has a 75-dock spread. The facility — located in the city ...

Danish giant Maersk Tankers has opted to try out suction sail technology on five of its MR tankers. The company said it will ...

Forward contract cover locked in for 76% of 2025 days and 49% of 2026 days, and breakevens reduced to enhance through-cycle profitability and ...

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Forward contract cover locked in for 76% of 2025 days and 49% of 2026 days, and breakevens reduced to enhance through-cycle profitability and cashflow generation, supporting annualized dividend of $1.

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings ...

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The global shipping industry is constantly evolving, and the COVID-19 pandemic began a marked shift in how container shipping operates. Disruption caused by the pandemic has forced the industry to ...

The firm is this week in the process of finalising orders of 12 17,000 TEU dual-fuelled ships from Yangzijiang Shipbuilding and another 12 8,500-9,000 TEU ones from New Century Shipbuilding ...