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Carrier’s Q3 revenue per TEU up 142.7%

Carrier’s Q3 revenue per TEU up 142.7%

by FATS Marketing | Oct 12, 2021 | International News

Orient Overseas (International) Line has once again posted record earnings, with total revenue for the third quarter ending September 30 up from US$1 914.3 last year to US$4 313.7 this year. The overall load factor was 0.4% higher than the same period last...
China’s monopoly of container industry complete after Maersk deal

China’s monopoly of container industry complete after Maersk deal

by FATS Marketing | Sep 28, 2021 | International News

A transaction said to be netting Maersk $987.3 million will see the Danish line part with its box manufacturing subsidiary after China International Marine Containers (CIMC) succeeded in a lock-stock-and-barrel purchase of Maersk Container Industry (MCI). The deal is...
Vietnam’s Ports Set New Records Amidst Container Surge

Vietnam’s Ports Set New Records Amidst Container Surge

by FATS Marketing | Sep 27, 2021 | International News

Despite disruption from lockdown measures over the summer, Vietnam’s seaports have handled in excess of 537 million tons of goods in the first nine months of the year – a three percent year-on-year rise, according to new data released by the Vietnam...
Container shipping earnings now rival Apple. It’s not a good look

Container shipping earnings now rival Apple. It’s not a good look

by FATS Marketing | Aug 25, 2021 | International News

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...

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