Carriers are no less reliable – but they’re also no better. That’s the finding of the latest survey undertaken by maritime consultancy Sea-Intelligence. Its Global Liner Performance (GLP) report, which includes figures up to and including July, reveals that...
AP Moller-Maersk A/S, the world’s biggest container shipping line, was expected to make around $4.5 billion in operating profit in 2021, according to estimates at the start of the year by the financial analysts who follow the company. Their estimates have turned out...
China’s Belt and Road Initiative (BRI) got a major boost last week when the Court of Audit in Greece approved the sale of another 16 percent stake in Piraeus Port (OLP) to COSCO Shipping Line. The agreement includes a five-year extension for the company to complete...
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