CMA CGM postpones PSS from Indian Subcontinent, Middle East Gulf, Red Sea & Egypt to the US Eas…
MARSEILLE : CMA CGM postponed PSS charges which was supposed to implement from 15th December 2024 will now be implemented from 1st January 2025. Effective 1st January 2025 PSS of USD 1,500 per unit
Global shipping costs to remain high amid tariff threats, Red Sea challenges
KUALA LUMPUR : Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff
Container Shipping Hedges Green Transition With Dual-Fuel Vessel Orders
LOS ANGELES : Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around
CMA CGM’s profit jumps on buoyant shipping demand
PARIS : Strong global demand pushed up CMA CGM‘s third-quarter profit while the current quarter was seeing a rush to ship goods from China, the shipping group said on Friday as it played down
CMA CGM purchases 5 High-Reefer Ships from Seatrade : Alphaliner
MARSEILLE : Container analysts at Alphaliner have reported that French shipping giant CMA CGM has acquired five high-reefer 2,259 TEU container vessels that it previously had on long-term charter from Dutch reefer owner Seatrade. The price
French tax on shipping would cost CMA CGM 800 million euros, CFO tells Les Echos
MARSEILLE : An exceptional tax on shipping proposed by the French government in a belt-tightening budget would cost CMA CGM about 800 million euros ($875 million) over two years that it would not able
US East Coast Ports strike would spark supply-chain glitches from outset
LOS ANGELES : A threatened Oct. 1 strike by dockworkers at ports on the U.S. East Coast and Gulf of Mexico would immediately disrupt the flow of goods in the country, the North America
New alliance formation intensifies battle between major lines
SINGAPORE : With the container shipping alliance landscape expected to change in less than five months, it is worth examining the current dynamics of the alliances and how they are expected to evolve when