Hapag-Lloyd Watching Costs as Container Market Normalizes

Hapag-Lloyd, one of the world’s leading container shipping companies, has reported its financial results for the first quarter of 2023, highlighting the impact of weak global demand on its performance. The company recorded an EBITDA of $2.4 billion (EUR 2.2 billion), a decrease in EBIT to $1.9 billion (EUR 1.7 billion), and a Group profit […]

Trade Tech ready for EU – Import Control System 2 (ICS2)

This is an article by our trusted partners at Trade Tech. Countries in the European Union have been developing a unified approach to what they call Import Control System 2 or ICS2.  The go-live process has been set in three phases.  Air express and Air mail went live a year ago, with the balance of […]