Giant CMA CGM ship transits Suez Canal, signaling return of megavessels
The Suez Canal on Saturday welcomed the passage of the CMA CGM BENJAMIN FRANKLIN, the largest container ship to…
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Container shipping
Maersk raises profit outlook
A.P. Moller-Maersk has raised its full-year profit forecast to between $8 billion and $9.5 billion, up from a…
Egypt’s Suez Canal welcomes CMA CGM ZEPHYR
Egypt’s Suez Canal witnessed the passage of the CMA CGM ZEPHYR container ship on its southbound journey through the…
Fitch revises global shipping outlook to ‘Deteriorating’
Fitch Ratings downgraded its 2025 outlook for the global shipping sector to ‘deteriorating’ from ‘neutral’, citing…
WTO barometer signals uptick in global trade, but risks looming
Global goods trade is rebounding in the third quarter of 2024, as the World Trade Organization (WTO) Goods Trade…
Singapore bunker fuel sales up 8.5%
Singapore marine bunker fuel sales rose by 8.5 per cent to 27.2 million metric tons, up from 25.1 million tons the…