Containership Charter Market Coming Back to Earth
There’s been a lot of speculation about when and how fast the container shipping market…
Business
Biden Admin Seeks to Restore Offshore Safety Rules Sparked By Deepwater Horizon Disaster
The Biden administration on Monday proposed offshore drilling safety measures that it said would help prevent oil…
Maersk signs agreement to open second warehouse in UAE
Maersk Kanoo UAE signed an agreement with Dubai South, the largest single-urban master development focusing…
CMA CGM Expects Shipping Slowdown After Another Strong Quarter
Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM said…
Maersk Hit With $180 Million Contract Claim from New York Shipper
A New York shipper is legally pursuing Maersk for $180m, the carrier they claim, failed…
Shipping Giant CMA CGM Sees Softening Of Global Freight Rates
French container line giant CMA CGM SA is seeing an across-the-board drop in shipping rates and a…
CMA CGM deploys buoys to protect whales in North Atlantic
French ocean carrier CMA CGM has announced the deployment of the first buoys that will…
Hapag-Lloyd Preparing to Launch Real-Time Container Tracking Across Entire Fleet
German liner Hapag-Lloyd is starting to install real-time tracking devices on its entire fleet of…
Ghana launches National AfCFTA Policy Framework and Action Plan
Ghana has launched a National AfCFTA Policy Framework and Action Plan. Launched on Tuesday, 2nd…
Ukraine Grain Ship Provides ‘Glimmer of Hope’ In Global Food Crisis
The first ship to carry Ukrainian grain through the Black Sea since Russia invaded Ukraine five months…