Hapag profit soars 1,000% to US$10.8B on Asian goods-driven rate surge
Net profit leaps from US$1.07 billion in 2020 on “very strong’ demand…
March 13, 2022
3 minute read
High freight rates blamed on box shipping network dysfunction
Head haul freight rates remain high despite some slowing after surging more…
February 24, 2022
3 minute read
Drewry upgrades box carrier profit forecast to $80B for 2021
Carriers posted a record EBIT result in the first quarter of 2021…
July 12, 2021
3 minute read
Carriers’ surcharges mean up to $5B annual losses for PH economy
Destination fees and surcharges imposed by international shipping lines cost the Philippine…
January 30, 2018
6 minute read
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