February 12, 2024
May 30, 2026
February 10, 2024
A.P. Moller-Maersk is the first to secure SBTi validation with new maritime guidance
COPENHAGEN : The greenhouse gas emissions targets set by A.P. Moller-Maersk have received validation from the Science Based Targets initiative (SBTi), aligning them with the 1.5-degree pathway outlined in the Paris Agreement. This achievement
February 9, 2024
CMA CGM applies new overweight surcharges from India
MARSEILLE : French-headquartered box line CMA CGM has announced a new overweight surcharge (OWS) effective from 7 February 2024 until further notice. The surcharge applies to cargo originating from Indian ports such as Nhava
February 8, 2024
CMA CGM pauses Red Sea transits
MARSEILLE : French container shipping company CMA CGM informed its customers that as from 1 February 2024 and until further notice, all services initially routed via the Red Sea passage will now follow the
February 8, 2024
Maersk commences new ME8 Service between Middle East and Europe
COPENHAGEN : Maersk will launch a new weekly service connecting the Middle East with Europe in mid-February. The new service, called ME8, will sail via the Cape of Good Hope and its rotation will
February 5, 2024
Red Sea attacks force firms to test new land routes via UAE, Saudi
CAIRO : An Israeli software startup and one of the world’s biggest shipping lines are among companies that for the first time are opening up commercial trade routes running through the heart of the Middle East to bypass
February 2, 2024
Evergreen Marine and X-Press Feeders sign MOA for launch of Green Shipping Routes in Europe
HAMBURG : Global container shipping line Evergreen Marine Corporation (Evergreen) has signed a memorandum of agreement (MOA) with X-Press Feeders, the world’s largest independent common carrier, to place its containers on X-Press Feeders’ new
February 1, 2024
CMA CGM signs to retrofit container vessel for methanol
MARSEILLE : On January 30, Beihai Shipbuilding and CMA CGM signed a contract for a methanol dual-fuel retrofit project for a container vessel. CMA CGM had also reportedly entered into a contract with Shanghai Waigaoqiao
January 31, 2024
Hapag-Lloyd sees financial figures decline amid slight box volume increase
HAMBURG : German ocean carrier Hapag-Lloyd reported a significant decrease in earnings in the 2023 financial year, while its container volumes saw a slight uptick. According to preliminary and unaudited figures, the Hamburg-based company’s
January 31, 2024