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$60bn first quarter windfall for container sector

The container industry made a $59.3bn profit in the first quarter, the sixth consecutive record quarterly profit for the sector. Gary Howard | May 20, 2022 The McCown Container Results Observer noted that the result marked more than a threefold improvement over the same quarter last year, a record at the time. Profitability also increased, with

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Maersk records best ever quarter

Maersk reported its best ever quarter in Q1 2022 with a $6.8bn profit despite taking a $718m hit from pulling out of Russia. Gary Howard | May 04, 2022 Operating results hit record levels across Maersk’s ocean, logistics and services, and terminals segments. Maersk said its ocean segment’s result was fuelled by strong contract rates boosting

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[TUYỂN DỤNG] SALES FREIGHT FORWARDER

[TIN TUYỂN DỤNG 2022] CÔNG TY CỔ PHẦN VIRGO GLOBAL LOGISTICS ( VIRGO GLOBAL LOGISTICS JSC) Văn phòng: Tầng 11, Tòa Nhà M&H, Số 728-730 Võ Văn Kiệt, Phường 1, Quận 5, TP.HCM TUYỂN SALES LOGISTICS (FREIGHT FORWARDER) – SỐ LƯỢNG: 6 nhân viên Mô tả công việc: • Tìm kiếm, tư vấn cho khách

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Global supply chain disruption to continue into 2023

Thomas Knudsen of Toll Group Global supply chain disruption is set to last at least another 12 months, and could run through all of 2023, according to Toll Group Managing Director Thomas Knudsen. Marcus Hand | Apr 12, 2022 Speaking to Seatrade Maritime News last week during Singapore Maritime Week, Knudsen sees a combination of factors in play,

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Gemalink Port, Vietnam hits 1m teu in first year

Gemalink Port, in Cai Mep, Vietnam, has held a ceremony to mark handling 1m teu in its first year of operation. Michele Labrut | Mar 31, 2022 Gemalink International Port is a joint venture between Gemadept Vietnam Group and French partner CMA Terminals and the first phase went into operation in 2021. Do Cong Khanh, Deputy

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Savannah harbor deepening is done

 The inner portion of the harbor is dredged near the Port of Savannah Garden City Terminal. (Photo: Stephen B. Morton/Georgia Ports Authority) Like many milestones, the completion of the Savannah harbor deepening was marked by a ceremony attended by dignitaries. “This is a great day for the state of Georgia and for the nation,” Gov.

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ZIM makes strong 2022 forecast after $4.65bn 2021 profit

Container line ZIM has reported strong earnings and profit for 2021, with forecasts for similar performance in 2022. Gary Howard | Mar 09, 2022 The company’s $4.65bn profit is a record high, up 787% from 2020’s $524m in 2021. The result comes from an adjusted EBITDA of $6.60bn and adjusted EBIT of $5.82bn. ZIM forecast an

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