Ocean Network Express Posts 1000% Surge in Profit, Citing Strong Demand Amid Market Uncertainties

  Ocean Network Express (ONE), the world’s sixth-largest ocean carrier by capacity, has reported a remarkable…

CMA CGM Group’s Q2 Profit Plunges 50% 

  French shipping giant CMA CGM Group has reported a drastic 50% decline in its second-quarter…

Container lines make $5.4bn profit amid Red Sea disruption 

  After six consecutive quarters of falling profits, container lines rebounded in the first quarter 2024…

CMA CGM reports 94% drop in profit 

  CMA CGM reported a 94% drop net profit in the third quarter of 2023 as…

Maersk Q1 profit crashes by 66%

  The first quarter 2023 profit of container shipping giant, Maersk dropped by 66.2% from the…

CMA CGM reinvests nearly 90% of 2022 record profit

  CMA CGM is reinvesting for the future as it racked up a $24.9bn net profit…

Maersk reports record $81.5bn revenue, $29.3bn profit in 2022 

  A.P. Moller – Maersk has reported exceptional financial results for the year 2022. Despite the…

Maersk books $22.8bn revenue, $9bn profit in Q3

  A.P. Moller – Maersk’s results in the third quarter of the year showed higher profits…

Maersk books $22.8bn revenue, $9bn profit in Q3

  A.P. Moller – Maersk’s results in the third quarter of the year showed higher profits…

Maersk books $8.6bn Q2 profit

  A.P. Moller – Maersk reported a net profit of $8.6 billion in the second quarter…

Drewry: Ocean carriers close 2021 with $190bn profit

  Ocean carriers have generated about $190 billion of annual profits and about $130 billion of…

Largest shipping lines hit unprecedented $80bn profit 

  The world’s largest shipping lines have made nearly USD80 billion in operating profit so far…