HMM achieved positive business results in the first half of the year with strong revenue and profit growth, despite uncertainties in the global shipping market. Source: HMM South Korean container shipping giant HMM has announced significant results in revenue and profit in the first half of the year. Specifically, HMM reported 18.6% year-on-year revenue growth […]
Monthly Archives: August 2024
International logistics and container shipping market update on Asia, Europe and North America routes in the week 33/2024. International shipping and logistics market update – Week 33/2024 Drewry’s World Container Index for the week of 33/2024 continued to decline by 2% compared to the previous week, to USD 5,428. This freight rate index is 282% higher than […]
The Port of Oakland has set a new record for shore power usage in the first half of 2024, contributing to significant reductions in vessel emissions. The Port of Oakland (Source: Port Technology) The Port of Oakland set a new record for shore power usage in the first half of the year, with the Port […]