French-based CMA CGM, the world's third-largest container shipping line, has resumed limited services to Russia, notably to transport food, three years after withdrawing from the country following its invasion of Ukraine, the company said.Like other Western firms…
San Antonio Terminal Internacional (STI), together with Frutas de Chile, began a new cherry export season on Tuesday with more available vessels (32), offering greater frequency, coverage and flexibility for customers.Operated by Hanseatic Global Terminals and SSA Marine…
On February 23, 2024, the FMC issued its Final Rule on Detention and Demurrage Billing Practices, as required by Congress under the Ocean Shipping Reform Act of 2022. The rule went into effect on May 28, 2024. After the Final Rule was issued…
Baltic Exchange has launched a new Time Charter Equivalent (TCE) earnings calculator, designed to bring clarity and consistency to freight assessments in an increasingly complex market. The calculator builds on the Baltic’s long-standing TCE methodology…
South Carolina Ports recorded 206,859 TEUs at its marine terminals in October, a 1% year-over-year dip, as fiscal year volumes remain above plan. October marked the Port's strongest month for loaded exports since June, with an 18% year-over-year increase…
Even in 2025, port congestion remains a formidable barrier to smooth global trade. Northern European terminals—including Rotterdam, Antwerp, Hamburg, and Bremerhaven—are facing their most sustained bottlenecks since the pandemic. Berth waiting times have risen dramatically: Antwerp is up 37%…
CMA CGM closed the third quarter of 2025 with a mixed scorecard that underlines how volatile geopolitics continue to reshape global liner networks. Group results fell year-on-year, but the core shipping arm lifted liftings and stabilized sequentially…
German container shipper Hapag-Lloyd posted a 50% drop in nine-month net profit to 846 million euros ($989 million) on Thursday and lowered the top end of its full-year earnings forecast, blaming volatile markets and pledging to be strict on costs…
Marcura and CFARER announced a strategic partnership that connects e-commerce procurement with technical operations for fleets worldwide. Under the agreement, ShipServ becomes the recommended e-commerce platform for Ship Manager Procurement…
SFL posts Q3 2025 revenue of $178 million and net income of $8.6 million; declares 87th consecutive quarterly dividend of $0.20 per share.Contracted charter backlog reaches $4 billion with a weighted average term of 6.5 years, two-thirds backed by investment-grade clients…
Abu Dhabi's AD Ports Group said on Thursday it had signed a deal to buy a minority stake in a container terminal in Syria's main commercial port for $22 million, the latest sign of Syria drawing in investment as it tries to rebuild.Under the…
Egypt's Suez Canal revenues rose 14.2% year-on-year between July and October, the canal authority said on Tuesday, citing calmer conditions in the Red Sea after a ceasefire in Gaza and a pick up in traffic through the vital waterway.Yemen's…
Several shipments of wheat that had been delayed for weeks at Egyptian ports due to payment issues have now been cleared to unload after the problems were resolved, Egypt's state grain-buyer Mostakbal Misr told Reuters on Thursday.Around eight vessels carrying roughly 200…
Unifeeder, a DP World company, has signed a Memorandum of Understanding (MoU) with India’s Sagarmala Finance Corporation Limited (SMFCL), a Government of India Enterprise under the Ministry of Ports, Shipping and Waterways to collaborate on…