Shipping

  • Shipping Corporation Q4 results: Net profit slips...

    Shipping Corporation of India on Thursday reported a 23 per cent decline in its consolidated profit to Rs 85.76 crore for the fourth quarter ended March 2021. The state-owned company had clocked a consolidated profit of Rs 111 crore for the corresponding quarter in 2019-20, it said in a regulatory filing.

     

  • CMA CGM Vessel will set seven records on Atlantic...

    For the second time in less than a year, a containership operated by CMA CGM will set size records as the largest boxship to call at ports along the Atlantic Seaboard. The 16,022 TEU CMA CGM Marco Polo will set a total of seven North American big ship records in 11 days.

     

  • Delays and Capacity Constraints are New Normal in...

    New data shows that the strains on global container shipping are continuing with shippers and carriers faced with ongoing delays, congestion, and capacity shortages. With shippers entering their second year of pandemic-induced volatility, project44, a tracking and analysis platform for shippers and logistics service providers, predicts that volatility and under capacity are becoming the new normal for the container shipping industry.

     

  • World's Biggest Civilian Hospital Ship...

    After several years of construction at CSSC's Tianjin Xingang shipyard in northern China, the hospital ship Global Mercy - the largest civilian vessel of her kind ever built - has completed her official sea trials. After some final fitting out, the shipyard will present the ship for delivery this summer. 

     

  • Cruise industry expresses frustration with CDC...

    The cruise industry is expressing its ongoing frustration at the uncertainties and lack of clear guidance which is delaying the resumption of service from U.S. ports. While other countries, including the U.K. and now Germany, have given clear guidance to restart cruises, and lines are moving forward with more programs from the Caribbean and European ports, political and industry leaders continue to call for efforts to clear the way for cruises to start sailing from U.S. ports.

     

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Shipping Corporation Q4 results: Net profit slips 23% to Rs 85.76 crore

Shipping Corporation of India on Thursday reported a 23 per cent decline in its consolidated profit to Rs 85.76 crore for the fourth quarter ended March 2021. The state-owned company had clocked a consolidated profit of Rs 111 crore for the corresponding quarter in 2019-20, it said in a regulatory filing.

 
English

CMA CGM Vessel will set seven records on Atlantic Seaboard

For the second time in less than a year, a containership operated by CMA CGM will set size records as the largest boxship to call at ports along the Atlantic Seaboard. The 16,022 TEU CMA CGM Marco Polo will set a total of seven North American big ship records in 11 days.

 
English

Delays and Capacity Constraints are New Normal in Container Shipping

New data shows that the strains on global container shipping are continuing with shippers and carriers faced with ongoing delays, congestion, and capacity shortages. With shippers entering their second year of pandemic-induced volatility, project44, a tracking and analysis platform for shippers and logistics service providers, predicts that volatility and under capacity are becoming the new normal for the container shipping industry.

 
English

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