Samsung Heavy Industries and Hanwha Ocean recently secured shipbuilding contracts worth 5 trillion won over the past two days ...

Evergreen Marine reports record revenue of $12.7 bln and tripled net income in 2024. Find the latest news from the maritime industry on the PortNews website.

The company is understood have benefited from higher freight rates on the back of the ongoing Red Sea crisis. A dividend of ...

Ports of Long Beach and Los Angeles host forum with Shanghai for green shipping corridor. Find the latest news from the maritime industry on the PortNews website.

Evergreen Marine Corp., the world’s seventh-largest box carrier, saw revenue and profits climb in 2024. The post Longer ...

The $22.8 billion CK Hutchison ports deal intensifies geopolitical tensions between the US and China. Chinese media has ...

The parent of Orient Overseas Container Line said 2024 earnings grew on higher revenue from supply chain disruptions that ...

Orient Overseas announced a profit attributable to equity holders of US$2,577.4 million for 2024, compared to a profit of US$1,367.9 million in 2023. Earnings per ordinary share in 2024 was US$3.90, ...

OOIL, which together with sister company Cosco Shipping Lines is owned by Cosco Shipping Holdings, will pay out around 50% of ...

The United States' plan to impose port docking fees on Chinese ships will backfire on its own economy and lead to a ...

Heavy potential fees to be levied on fleets with Chinese-made vessels docking in United States ports could lead to economic ...

Results show that the 10th annual season of the Protecting Blue Whales and Blue Skies Program (BWBS) in 2024 reduced the risk of deadly ship strikes to ...