NEWS

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Hutchison's Felixstowe dock workers strike for first time in 30 years ABOUT 1,900 workers at Hutchi

PORTS across China moved a total of 168.7 million TEU from January to July, an increase of 4.2 per cent compared to the same period in 2021.In the first seven months of 2022, the cargo volume of Chinese ports was 8,920.8 million tonnes, a small year-on-year decrease of 0.1 per cent.Shanghai remai...

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DP World HI revenue soars 60pc to US$8b and forecasts stable growth

DUBAI's DP World has announced strong financial results for the first six months of 2022, although the economic outlook remains uncertain due to supply chain disruption.Total revenue for the first half of the year came at $7.93 billion for a growth of 60.4 per cent year on year, and 20.1 per ...

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OOIL's Hi revenue soars 52pc to US$11b, conflicting signals on outlook

THE chaIrman of Hong Kong-headquartered Orient Overseas (International), Wan Ming, has said that an array of conflicting signals, including inflation and rising interest rates versus steady US demand for imported goods,is clouding the outlook for the liner shipping market,OOIL, parent of Orient O...

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