Hapag-Lloyd sends another seven vessels in for jumboisation treatment

German liner Hapag-Lloyd has earmarked another series of ships for jumboisation. Alphaliner is reporting seven vessels built around a decade ago have been heading...

Yang Ming Records US$2 billion in annual net profit

Taiwan's major ocean carrier Yang Ming Ming reported consolidated revenues of US$6.94 billion and a net profit after tax of US$2 billion, resulting in earnings p...

Drewry suggests new normal for higher global container rates

While ocean container rates have significantly retreated from pandemic highs, they still exceed pre-pandemic levels, an industry analyst finds, indicating what is li...