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CMA CGM acquires majority stake in South America’s largest container terminal

MARSEILLE : CMA CGM, a leading worldwide shipping company, has now become the controlling shareholder of Santo Brasil Participações S/A, after securing a 51%...

Donald Trump : US ships should be allowed to travel through the Panama and Suez canals for free

WASHINGTON : US President Donald Trump said on Saturday that American military and commercial ships should be allowed to travel through the Panama Canal...

Most shipping lines can avoid US Port fees but Cosco faces major challenge

BEIJING : Container lines would have had no choice but to pay enormous US Port fees under the draft proposal. The final decision should...

MSC adds three new LNG-fueled boxships to roster

JINGJIANG CITY : Chinese shipbuilder New Times Shipbuilding (NTS) has held a christening ceremony for three dual-fuel containerships powered by liquefied natural gas (LNG),...

PIL names its first 8,200 TEU LNG Dual-Fuel Containership

SINGAPORE : Pacific International Lines (PIL) has named its first 8,200 TEU LNG dual-fuel containership, Kota Oasis. The vessel was named by Mrs Cindy...

Gulftainer Group announces Outstanding Results in 2024

SHARJAH (UAE) : Gulftainer, a leading international supply chain and logistics solutions provider, with a global footprint of ports, terminals, warehouses and transport facilities,...

Russian yard starts construction of fourth multi-purpose cargo ship in series

Russia's V.I. Lenin Shipbuilding and Ship Repair Yard began construction of a new multi-purpose cargo vessel on Wednesday, April 23. The vessel will be the...

PSA International weighs selling 20% stake in CK Hutchison’s ports business, sources 

SINGAPORE : Singapore’s PSA International is exploring the sale of its 20 per cent stake in CK Hutchison’s ports business, two people with knowledge...

World’s largest cargo ship as tall as a SKYSCRAPER launched by China in face of Trump’s global trade war

BEIJING : China has put out to sea a monster-sized cargo ship, as the world's manufacturing hub sets out to show tariff-obsessed Donald Trump...

Shipping data: UNCTAD releases new seaborne trade statistics

GENEVA : Maritime transport moves over 80% of goods traded worldwide. Country-level seaborne trade data is vital for shaping better transport, trade and investment...
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