CMA CGM’s Profitability Dampened by Increased Costs
CMA CGM's Profitability Dampened by Increased Costs
French shipping conglomerate CMA CGM reported a decline in net…
International Mangrove Day: Protecting vital ecosystems
On July 26th we celebrate the international Mangroves Day to raise awareness about the importance of protecting…
Tonnage Shortage Hits Ship Recycling Market
The ship recycling market faced significant challenges last week due to a persistent shortage of tonnage, according…
Alphaliner: Charter Market Quiet Amid Summer Lull
According to Alphaliner, the container charter market has slowed over the past two weeks due to the traditional…
FMC Implements New Rule on Cargo Refusals
The U.S. Federal Maritime Commission (FMC) has published its final rule outlining the criteria for lodging…
MSC-HHLA Deal Gains Government Approval, Final Vote in September
MSC-HHLA Deal Gains Approval from Hamburg Government, Final Vote in September, according to soures.
King Ocean Expands Dominican Republic Service with New Port Connection
King Ocean, a U.S. company that specializes in shipping goods within the Caribbean, has launched a new weekly…
Good news for the Panama Canal!
Good news for the Panama Canal!
Water levels in Gatun Lake are higher than expected, allowing the canal authority…
Maersk withdraws bid for DB Schenker
Danish shipping giant Maersk will no longer pursue the acquisition of German logistics giant DB Schenker, according…
MSC Hits 20% Market Share, Nears 6 Mteu Fleet Size
According to sources, MSC reached a milestone reaching 20% Market Share, and capacity at 6 Mteu Fleet Size.