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Tag: Shipping Industry

  • Container Carriers See Profit Surge Amid Geopolitical Turbulence

    Amidst a volatile geopolitical landscape, the global container shipping industry has seen its profits soar to over $10 billion in the second quarter, driven by unprecedented volumes and increased freight rates following a route adjustment in the Red Sea. Net profits for leading container carriers, such as Denmark’s AP Moller-Maersk A/S and China’s Cosco Shipping…

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