So, the big Chinese container makers got indicted by the US. Fancy that. Allegedly, they were playing fast and loose with prices during the pandemic, squeezing everyone dry.
The shipping industry's journey into a new climate reality just got a bit more… British. The UK Emissions Trading Scheme (UK ETS) is set to dock in July, and ignoring it could cost a fortune.
Forget the global drama; South Korea's smaller shipping players are quietly cashing in on regional lanes. Double-digit profit growth tells a story the big ocean carriers aren't hearing.
CMA CGM is strategically shifting more containerships to the Indian registry. This move isn't just about expanding presence; it's a calculated play on India's evolving trade regulations.
Gianluigi Aponte's handover of MSC to his children marks the end of an era for the shipping titan. But with no word on the CEO, questions swirl about the real power shift.