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Pan Ocean lifts Q1 profit in South Korea on tanker, LNG, bulk gains

Pan Ocean lifts Q1 profit in South Korea on tanker, LNG, bulk gains

Pan Ocean said on May 4 in a regulatory filing that operating profit on a consolidation basis for the first quarter was 140.9 billion won, up 24.4% from a year earlier on a preliminary basis. Revenue for the same period was a preliminary 1.5089 trillion won, up 8.3%,...

Goldman Sachs tracks US tariff impact on shipping volumes

Goldman Sachs tracks US tariff impact on shipping volumes

Laden vessels from China to the United States increased 4% week-over-week and rose 25% year-over-year for the week ending Thursday, April 30, according to Goldman Sachs’ US Tariff Impact Tracker. Data indicates that TEUs coming into the Port of Los Angeles will slow...

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