Mediterranean Shipping Company (MSC), one of the biggest companies in transportation and logistics, is developing a new MSC Air Cargo service. It is joining other container lines that expand services in the aviation business. MSC Air Cargo Some time ago, we covered the story of Maersk reentering the air freight business. Now, it is time …
ONE (Ocean Network Express) is a global shipping company. Ocean Network Express is the sixth biggest shipping line in the world, and its market share is 6,6%. The shipowner provides services on many continents, offering solutions in the logistics and supply chain. History of ONE Ocean Network Express (ONE) has provided services in the shipping …
It was said that the fourth quarter of 2020 was the most profitable in container shipping history. But the astonishing thing is that the profits are growing rapidly. Shipping lines profit in 2021 is estimated at around 200 billion USD. Shipping lines profit in 2020-2021 In 2020, the nine largest container carriers tripled their earring …
From January 1st 2020, vessels are only allowed to use fuel with a maximum sulfur content of 0.5%. In addition, the International Maritime Organization (IMO) has settled a target of 40% emissions reduction by 2030. Hapag-Lloyd and Maersk are close to reaching the goal ahead of time. Check how Hapag-Lloyd and Maersk take on IMO’s …
COVID-19 is taking its toll all over the world. CMA CGM Group, one of the world leaders in maritime transport, has joined forces with its subsidiary company CEVA Logistics AG to fight the coronavirus pandemic. Their logistical bridge enables fast transport of medical goods from China to France for those in need. However, the enterprises …
Many industries have been affected by the outbreak of the COVID-19. It has disrupted the global supply chain, causing losses to many companies. What do they have to say about the situation? How does the MSC, the world’s second-largest shipping line in terms of container vessel capacity, deal with the issue? Check MSC’s comment on …
Companies rely on a global network of suppliers to manufacture and distribute products to buyers. However, the COVID-19 pandemic disrupted the global supply chain, challenging various sectors of the economy. The maritime industry suffered heavily because of the outbreak. The growth of maritime transport will be slowed down, and the repercussions of the pandemic may …
Hapag-Lloyd is a German transport company that is thriving internationally. It belongs to the leading ocean carriers for the trade of Transatlantic, Middle East, Latin, and North America. HAPAG is an abbreviation of Hamburg-Amerikanische Packetfahrt-Actien-Gesellschaft, which we can be translated as a transatlantic shipping company on the Hamburg-America line. Hapag-Lloyd AG is the fifth largest …
Shipowners’ companies have decided to create alliances, which is why you can often find the names of alliances in which shipowners operate in offers from carriers. In the article below, we will dispel doubts and explain what the names of the alliances mean. Alliances – MSC and Maersk – 2M Maersk and MSC are the …
The issue of caring for the environment has recently become particularly important. Shipowners have the slogan ‘environmentally aware company.’ More and more carriers are implementing technologies to prevent pollution. There are more ideas are of reducing carbon emissions and increasing the importance of recycling. In the following article, you will read about how world shipowners …