Hapag-Lloyd concluded the first quarter of 2024 with a Group EBITDA of USD 942 million (EUR 868 million). Compared to the same quarter of the previous year, the Group EBIT decreased to USD 396 million (EUR 365 million) and the Group profit to USD 325 million (EUR 299...

Read More

Hapag-Lloyd concluded the first quarter of 2024 with a Group EBITDA of USD 942 million (EUR 868 million). Compared to the same quarter of the previous year, the Group EBIT decreased to USD 396 million (EUR 365 million) and the Group profit to USD 325 million (EUR 299...

Read More

Inmarsat Maritime, a Viasat company, has launched a new report Digital Wave: Transforming vessels into floating offices and remote homes. The report explores the growing importance of ‘always-on’ onboard connectivity as ships and their crew become increasingly reliant...

Read More

Asia’s fuel oil markets were broadly steady on Wednesday after inventories rose at the Fujairah commercial hub. Cash premiums for VLSFO were up 25 cents at $6.40 a metric ton. Singapore’s cash premium for 180-cst HSFO was pegged at a premium of $9.35 a ton. Meanwhile,...

Read More

Singapore’s marine bunker sales declined for a fourth consecutive month in April, official data showed late on Tuesday. April sales totalled 4.24 million metric tons at the world’s largest ship refuelling hub, down 4.7% from March, according to data from Singapore’s...

Read More

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for the fifth consecutive session on Wednesday dragged by weaker rates across all segments. The overall index, which factors in rates for capesize, panamax...

Read More