Container shipping group CMA CGM said on Friday shipping activity remained strong in the final quarter of 2020 after a rebound from initial coronavirus-related disruption boosted the French company’s third-quarter profits.
A.P. Moller – Maersk supplied further evidence of the rebound the shipping lines are experiencing reporting a faster than expected recovery in the third quarter results and raising its expectations for its full-year results.
Rodolphe Saadé, chairman of CMA CGM, the world’s fourth largest containerline, has discussed the pressure liners are coming under from Beijing amid the red-hot freight rate environment that is causing supply chains to quiver.
Maersk, the world’s largest containerline for the past quarter century, could soon lose its top spot on the global liner rankings list to its alliance partner, MSC.
Taiwanese containerline Yang Ming Marine Transport has appointed Shu-Chin Du as the new general manager of the company.
Container shipping group CMA CGM will expand its use of liquified natural gas (LNG) to 26 vessels, it said on Thursday, as part of efforts to reduce pollution in ocean shipping.
CMA CGM Group completed its first LNG bunkering operation in Rotterdam as the shipping giant prepared to introduce its fleet of LNG-powered container ships. By 2022, the CMA CGM Group will have 26 LNG-powered vessels with total capacity of 380,000 TEUs.
A Dutch diesel-electric freighter will soon be fitted with a set of wing sails to help propel her regular voyages between Germany and the UK.
The Australian Maritime Safety Authority (AMSA) has ordered Tianjin Shun Xin Yuan Shipping to repatriate nine crewmembers who have been onboard general cargo ship Brio Faith for more than 12 months.
The ‘A’ to ‘E’ operational efficiency rating of every ship above 5,000 gt will be made fully public and updated on an annual basis, according to the International Chamber of Shipping (ICS).
Chinese owner Rewood Ocean Shipping (Rosco) has once again listed its entire fleet for sale. According to shipbroking reports, Rosco is now inviting offers for its fleet of 11 bulk carriers comprising of seven panamaxes, three kamsarmaxes and one capesize.
New Zealand is cracking down on how animals are exported overseas in the wake of last month’s sinking of the Gulf Livestock 1 with the loss of more than 5,800 cattle and presumed deaths of 41 crew.
Six Russian intelligence officers were charged by the US Justice Department with a string of hacking offences, including the NotPetya ransomware attack that cost Maersk, the world’s top containerline, hundreds of millions of dollars in lost revenues three years ago.
CMA CGM and Mediterranean Shipping Company (MSC) have joined the Maersk/IBM created TradeLens blockchain platform as so-called foundation carriers.
The container ship CMA CGM Jacques Saade, the world's first LNG-fueled Megamax-24, has set a new world record for the number of full containers aboard a single vessel.
Reporting today booming unaudited figures for Q3, A.P. Moller – Maersk has changed its full-year guidance for 2020 in line with the surging container shipping picture seen across the world in recent months.
The tragic sinking of the ro/pax cruise ferry MS Estonia in 1995 is well known, and it is commonly used as a case study in maritime training programs. The Estonia's bow door visor failed in bad weather, leading to rapid flooding and foundering, according to the long-established account of the casualty.
Mediterranean Shipping Company (MSC), the world’s second largest containerline, has given an indication of its future investments as its pursues its own decarbonisation course with hydrogen to the fore.
A strike at Vladivostok port has turned violent. Senior management of FESCO, the main shareholder in the Commercial Port of Vladivostok, including president Arkady Korostelev, were attacked yesterday while attempting to negotiate with dockworkers.