News
MSC joins CMA CGM in Moroccan terminal venture
Mediterranean Shipping Co (MSC) has joined rival CMA CGM in investing in a new terminal at one of Africa’s fastest-growing container destinations, Morocco.&nbs...
Suez Canal Chief Says Red Sea Crisis Did Not Create Sustainable Route to Replace Canal
Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to replace the canal, adding that there were p...
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...
06 January 2025
Hurricane Beryl trims cargo volumes in Houston and New Orleans
25 January 2025
Container freight rates tumble
08 February 2025