French shipping group CMA CGM said on Wednesday it has reached an agreement with Egypt to operate a future container terminal at the port of Alexandria.Operations at the planned terminal are due to start in 2022, CMA CGM said in a statement.(Reporting by Gus Trompiz Editing by Chris Reese)
Container shipping giant Mediterranean Shipping Company (MSC) said it is working to advance the exploration viability of hydrogen and fuels derived from it as potentially viable fuel sources for its vessels.The initiative is part of the Swiss…
High shipping rates are set to continue for at least several weeks, despite new coronavirus lockdowns in Europe, boosted by demand for furniture, exercise equipment and home improvement goods, shipping group Maersk said on Wednesday.A surge…
Evergreen Line took delivery of its sixth and seventh new 12,000 TEU class F-type containerships on December 15. Ever Forever was built at the Geoje Shipyard of South Korea's Samsung Heavy Industries, and Ever Far was delivered by Imabari Shipbuilding in Japan…
Singapore-headquartered container carrier Ocean Network Express Pte. Ltd. (ONE) said it has signed a letter of intent (LoI) with Japan's Shoei Kisen Kaisha, Ltd. for the 15-year charter of six new ultra large containerships (ULCS). The vessels…
Amazon seller Bernie Thompson shifted half of his production out of China to reduce his business risks and still found himself in the crosshairs of logistical chaos besetting the movement of goods around the globe.A surge in demand for furniture…
Towering new container gantry cranes currently en route to the Port of Oakland will be the tallest ever at the California seaport, and rank among the largest in the U.S.Stevedoring Services of America (SSA) is investing in the three giant cranes…
Matson has taken delivery of Matsonia, the second of two new Kanaloa Class combination container / roll-on, roll-off (con-ro) ships built for the U.S. carrier at General Dynamics NASSCO's San Diego shipyard. Weighing in at over 50,000 metric tons…
Shipping giant A.P. Moller - Maersk announced Thursday it has signed a three-year cold chain logistics agreement with pharmaceutical company Novo Nordisk that covers transportation including ocean services and inland logistics.The global agreement will enter effect from April 2021…
Britain’s retailers and food manufacturers have called on lawmakers to urgently investigate ongoing disruption at UK ports, warning that delays were hurting their plans to build stocks ahead of Christmas and the December 31 end of the Brexit transition period…
Full import containers at the Port of Oakland were up just under 1% in November 2020 compared to November of last year. Loaded export boxes at the Oakland seaport dipped 2.6% in November 2020 compared to the same month in 2019.Full import containers in November 2020 totaled 78…
One of the world's top container shipping companies said it is ramping up its capacity between Asia and Europe in response to unprecedented demand.The French-based CMA CGM Group said Monday it has accelerated the redeployment of its capacity…
CMA-CGM, the world's fourth-largest container shipping line, has told customers it will not take bookings for cargo due to arrive at ports in southern China over several weeks in early 2021 due to a suspension of service by feeder operators…
The proliferation of serious fires onboard container ships in recent years has shocked the shipping industry. Here we examine the causes and impact of such fires and the urgent efforts being made by a wide variety of stakeholders to solve this seemingly intractable problem…
German container liner Hapag-Lloyd expects transport volumes in the fourth quarter to pare sharp losses seen earlier this year as a demand recovery in Asia lifts seaborne shipments.Fourth quarter volumes should show a low single-digit gain year-on-year after they fell by 3…