News

While supply chain frets, Port of Los Angeles sees record January volume

Uncertainty may be sweeping the global supply chain, but it continues to power record container volumes for U.S. maritime gateways. The Port of Los Angeles report...

Shipping Giants Ask Watchdog to Avoid Biofuels in Green Push

Some major shipping lines including Hapag-Lloyd AG and Louis Dreyfus Armateurs are calling on the International Maritime Organization to avoid backing crop-based bio...

Hapag-Lloyd secures long-term financing for 24 newbuild vessels

German container shipping firm Hapag-Lloyd will use green financings for the 24 large container ships, ordered in October 2024 and expected to be delivered between 2...

CMA CGM purchases new second-hand boxships

French shipping company CMA CGM was particularly active in sales and purchases in late January, buying four 1,900 TEU ice-class ships from Belgian owner Delphis, and...

Shipping Giants Ask Watchdog to Avoid Biofuels in Green Push

Some major shipping lines including Hapag-Lloyd AG and Louis Dreyfus Armateurs are calling on the International Maritime Organization to avoid backing crop-based bio...

Suez Canal Chief Expects Traffic Recovery to Start by End-March

By Sherif Tarek Feb 10, 2025 (Bloomberg) –Suez Canal Authority chief Osama Rabie said he expects traffic through the Egyptian waterway to gradually return t...

Evergreen and CMA CGM up next swelling record global boxship orderbook

France’s CMA CGM and Taiwan’s Evergreen are reported up next as global liners swell the record boxship orderbook, taking vessels on order beyond the 9m s...

Biggest deepwater port cluster in northern Vietnam begins to take shape

Located in a strategic area which provides convenient connectivity for both domestic and international trade, Lach Huyen had two berths completed and four under cons...

CMA CGM sets peak surcharges for Northern Europe-US containers

Ocean container carrier CMA CGM has introduced peak season surcharges on a number of Northern Europe-U.S., Canada and Mexico trade lanes, effective March 1. The s...

MSC launches iReefer

Mediterranean Shipping Company (MSC), the world’s largest liner, has just launched iReefer, a container monitoring system for reefer cargo. This solution allow...