Friday, July 20, 2018

To Accelerate its Digital Transformation CMA CGM Invests in the NYSHEX Market

CMA CGM is participating in the first ever New York Shipping Exchange (NYSHEX) fundraiser, the first digital marketplace for ocean freight contracts. This investment is made...

H1 Reports Show Rise in Global Container Volumes: Alphaliner

The global container port throughput showed a 6.7 percent increase during the first six months of this year and the growth is on track to...

Largest Capacity Container To-date Sails Through Expanded Locks at Panama Canal

Yesterday, the Panama Canal welcomed the largest capacity vessel to ever transit the Expanded Locks, the CMA CGM Theodore Roosevelt. The Neopanamax containership, which...

China Gains Deal to Build 9 Ultra Large Container Ships, Korean Shipping Industry in...

In the 25th year of their diplomatic relations, the competition between China and South Korea intensified after the former gained the world's largest container...

Diana Containerships Panamax Hired by CMA CGM

CMA CGM has hired a 2001-built Panamax of Diana Containerships Inc., for a period of 8 to 11 months. The 3,739 TEU container vessel...

Transit Rates at Suez Canal Slashed for Containers

According to the Middle East Monitor, the Egyptian Government announced that from the 1st of October, transit rates for container vessels will be reduced...

First Services to be Launched by US Shipping Firm ACS

A new regular weekly fixed-day Atlantic cabotage service is to be launched by newly-formed Atlantic Coastal Shipping (ACS) based in Maiami, Florida. In addition to...

5 or 6 Groups to Survive Container Shipping Industry – Maersk Chief Predicts

  CEO of AP Moller Maersk went on record to state that in the future he predicts only five or six survivors in the container...

Direct Service from Vancouver, BC to Detroit Launched

A direct rail transportation service has been launched by Calgary-based Canadian Pacific Railway Ltd. (CP) from Vancouver, British Columbia to Detroit. The railway stated, “Leveraging...

Container Volumes Jump A Record 16 Percent at Port of Los Angeles

July was an eventful month for the Port of Los Angeles, also known as America's Port. In an impressive effort, the port's container volumes...