Latest Industry Insights

Last week, MSCCargo took delivery of its 11,480 teu container vessel MSC LEILA built by the Zhoushan Changhong International Shipyard (ZCIS). The new ship is the first of ten ‘CIMC ORIC 11500 LNG’-type sisters that the Chinese yard will build for MSC in 2025 and 2026. MSC ordered these vessels in early 2023 for a The post ZCIS delivers first of LNG series to MSC first appeared on Global Maritime Hub.

The average operating margin for the leading container carriers fell to its lowest level in four quarters, despite the front loading of cargo by American shippers looking to get ahead of Chinese tariffs. The nine largest companies reporting Earnings before Interest and Tax, or EBIT, posted an average margin of 18.1% for the first three The post Average operating margin falls to lowest level in a year first appeared on Global Maritime Hub.

German shipping giant Hapag-Lloyd’s Container Ship fleet has exceeded 2.4 Mteu of total capacity. The world’s fifth-largest operator has a fleet of over 300 vessels. While the majority of them in terms of vessel count are chartered, Hapag-Lloyd’s owned tonnage represents 59.1% of its total capacity. Meanwhile, chart-topping MSCCargo‘s fleet continues expanding, with 915 vessels The post Hapag Lloyd crosses the 2.4 MTeu milestone first appeared on Global Maritime Hub.

A look at the fleet profiles of the global Top-10 ocean carriers unsurprisingly reveals many similarities in terms of fleet age and vessel size. However, despite these, there are also quite a number of fleet ‘fingerprints’ that highlight different approaches when it comes to how a shipping line’s fleet is structured. The world’s largest shipping The post First ULCS to reach 20 years in fleet of ‘jumbo pioneer’ Maersk first appeared on Global Maritime Hub.

At the end of the 21st week, the global bunker indices from MABUX showed a moderate decline. The 380 HSFO index dropped by 2.32 USD, falling from 468.47 USD/MT the previous week to 466.15 USD/MT. The VLSFO index decreased by 3.29 USD, moving from 542.69 USD/MT to 539.40 USD/MT. The MGO index fell by 4.83 The post Bunker fuel outlook, Week 21 first appeared on Global Maritime Hub.