European liner operators apply new surcharges from Asia to Africa
LONDON : Three of the major ocean carriers have announced new peak season surcharges (PSS) for shipments from Asia to several ports in Africa. First of all, Danish container line Maersk will apply the
CMA CGM announces First-quarter 2024 financial results
MARSEILLE : The Board of Directors of the CMA CGM Group, a global player in sea, land, air and logistics solutions, met under the Chairmanship of Rodolphe Saadé, Chairman and Chief Executive Officer, to
CMA CGM implements new rates from Indian Subcontinent to North Europe
MARSEILLE : French ocean carrier CMA CGM has announced updated Freight All Kinds (FAK) rates, which will be effective from 1 June. The new rates will apply to shipments from the Indian Subcontinent to
Major container lines jointly launch Asia – East Coast South America service
SINGAPORE : Five of the leading ocean carriers are cooperating to introduce a new service connecting important ports in Asia with the East Coast of South America. In particular, CMA CGM, COSCO, OOCL, Evergreen
Carriers spot bargaining room for India-Middle East cargo as Red Sea gains fade
MUMBAI : India-Persian Gulf trades seem to be a glaring exception for container lines, as they are rapidly losing the pricing steam they have had from the Red Sea crisis on the larger trade
CMA CGM updates FAK rates from Asia to North Europe
MARSEILLE : French container carrier CMA CGM has unveiled updated Freight All Kinds (FAK) rates, effective from 15 April (loading date), until further notice from Asia to North Europe. 20’GP 40’GP/40’HC/40’REEFER Asia to North
CMA CGM to buy France’s biggest 24-hour news channel
MARSEILLE : French shipping tycoon Rodolphe Saade has agreed to buy France’s leading rolling news channel BFM TV off Patrick Drahi’s debt-laden Altice Group, their respective companies said on Friday, as billionaires vie to control the
OCEAN Alliance rolls out new service network
SINGAPORE : OCEAN Alliance, consisting of CMA CGM, COSCO, Evergreen and OOCL, has announced the launch of its updated service network, called “DAY 8 Product”. After extending their partnership for an additional five years, the