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May 9, 2023

CMA CGM commits to buy Bollore logistics unit for $5.5 bln

Logistics, International Shipping, Shipping Line, Trade, Trending News
MARSEILLE : French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate Bollore for an enterprise value of 5 billion euros ($5.5 billion), the two companies said on Monday. CMA
May 9, 2023

Evergreen’s new terminal in Kaohsiung to boost container volumes

International Shipping, Container, Foreign Ports, Shipping Line, Trending News
KAOHSIUNG : Taiwan International Ports Corporation (TIPC) Chairman Lee Hsien-yi stated on 5 May that the newly built No. 7 terminal in Taiwan’s Kaohisung port is the country’s first fully automated container terminal, and
May 9, 2023

ZIΜ invests in refrigerated container fleet

International Shipping, Container, Logistics, Shipping Line, Trending News
HAIFA : ZIM has made an order of 1,000 Star Cool reefers with Sekstant door sensors and a similar volume for retrofitting to its existing Star Cool reefers. The move comes as part of
May 9, 2023

OOCL launches AI chatbot for customers

International Shipping, Logistics, Shipping Line, Technology, Trending News
HONG KONG : Orient Overseas Container Line (OOCL) has launched a new Chinese language AI chatbot on its customer facing platforms. OOCL has introduced an AI chatbot known as “Fin” on its OOCL.com, My
May 9, 2023

Upsized 14,000 TEU container ship arrives at Port of Halifax

Trending News, Foreign Ports, International Shipping, Shipping Line
HALIFAX : The 14,000 TEU container ship ONE Stork is the first upsized EC5 vessel that has arrived at the Port of Halifax in Canada. The boxship with 364 metres in length overall arrived
May 8, 2023

GAC Singapore bags Best Ship Agent award

International Shipping, Company, Logistics, Trade, Trending News
SINGAPORE : GAC Singapore has been named the Best Shipping Agent at the ShipTek International Awards held in Singapore during the Singapore Maritime Week. Shiptek is one of the leading maritime events among the
May 8, 2023

CEVA Logistics enters into car carrier market

International Shipping, Logistics, Shipping Line, Trade, Trending News
MARSEILLE : CEVA Logistics has signed a 10-year lease agreement with parent company CMA CGM to lease four roll-on, roll-off (RORO) vessels from Eastern Pacific Shipping. The LNG dual-fuel hybrid deep-sea vessels, at nearly 200
May 8, 2023

CMA CGM Pegasus arrives at Malta Freeport Terminals

International Shipping, Foreign Ports, Shipping Line, Trending News
MALTA : Malta Freeport Terminals celebrated the arrival of the CMA CGM Pegasus, the first vessel to call in Malta on the Europe Pakistan Indian Consortium (EPIC) service operated by CMA CGM, Cosco and
May 8, 2023

Drewry: World Container Index Up 1% last week, But 77% down on last year

International Shipping, Container, Trade, Trending News
LONDON : Drewry’s composite World Container Index increased by 1% to $1,763.28 per 40ft container this week.
May 8, 2023

Baltic index marks first weekly fall in three

International Shipping, Maritime, Trending News
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Friday on stronger demand in the capesize segment, but marked its first weekly decline
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