The ocean carrier also reneged on a recent decision to return to the Suez Canal via its India-to-U.S. East Coast Indamex ...
Unlike CMA CGM, Maersk still hasn't committed to sending any ships back through the Red Sea. In a market update on Tuesday, Maersk's regional president for North America, Charles van der Steene ...
Maersk Line is strengthening its presence in the sector through Hamburg Süd's subsidiary, Aliança, Brazil's leading cabotage carrier. The transfer of ownership of Mercosul Line from Maersk Line ...
Strong global demand pushed up CMA CGM's third-quarter profit while the current quarter was seeing a rush to ship goods from ...
The network, which launches in February 2025, seeks to deliver a flexible and interconnected ocean network with more than 90 ...
“Business conditions for container shipping companies will worsen,” the agency added. Moody’s believes the ongoing disruption ...
Contships recently acquired the 1,500-teu Warnow Boatswain (built 2012) from the fleet of Cyprus-based Marlow Navigation.
"Maersk will not hesitate to re-evaluate the ... Other shipping giants including Mediterranean Shipping Company (MSC), CMA CGM and Hapag-Lloyd have also been avoiding the Red Sea route because ...
Maersk containers could be carried on MSC vessels ... Within two years, other big players such as France’s CMA CGM, China’s Cosco and German liner Hapag-Lloyd had struck similar deals.
CMA CGM will strengthen the container terminal at the port of Nador, located on Morocco's Mediterranean coast, in ...
CMA CGM Group and circular waste management company SUEZ have signed a memorandum of understanding (MoU) to establish a long-term industrial partnership on biomethane, a renewable fuel produced ...
As a strike by longshore workers cripples container handling, Port of Montreal employers plan to lock out union employees.