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Eagle Bulk's net result skyrocketed in Q2

Foto: PR / Eagle Bulk

Major US dry bulk operator Eagle Bulk follows the promising trend among competitors, presenting a net result for the second quarter which is ten times higher than last year.

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Three more ships loaded with grain cleared to depart from Ukraine

An additional three vessels carrying grain have been permitted to sail out from ports in Ukraine, according to the Turkish Ministry of National Defense. A deal between Russian and Ukraine about ensuring Ukrainian grain exports is thereby given the seal of approval.

Star Bulk Carriers benefits from higher rates in Q2

Dry bulk carrier Star Bulk Carriers reports higher rates in the second quarter, which made its earnings and result soar. At the same time, the company has earned back a significant scrubber investment during the period.

"It's easy for Biden to blame the no-good foreigners"

The container industry – and Maersk – is under pressure from customers and politicians, who argue that carriers are benefitting from attractive and unfair business terms. Maersk CEO Søren Skou rejects the criticism and doubts the EU will change the special competition regulation employed by the sector.

Foto: LUCY NICHOLSON/REUTERS / X90050

More container vessels arrive on time

Container carriers made progress as far as having goods arrive on time in June, according to Sea-Intelligence. June marks the first month this year in which carriers’ schedule reliability is better than in 2021.

Maersk CEO open to raise logistics ambitions

Maersk is way ahead of its targets within the logistics business, and Chief Executive Søren Skou is not opposed to increasing the level of ambition. The business leg is developing well in the US and Asia, whereas Europe is lagging behind.

Here is an overview of Maersk's Q2 report

Wednesday, Maersk presented its financial report for the second quarter and first half-year, revealing significant growth across the group’s four core units. Ocean and Logistics deliver record growth. Here is an overview of the Maersk group’s interim report.

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