Shipping News
-
Maersk Orders Six Further Methanol-Fueled Vessels to ABS Class
ABS Leadership in Methanol and Sustainably Fueled Vessels Underlined (OPENHAGEN) A further six large ocean-going, methanol-fueled container vessels have been ordered by A.P. Moller – Maersk (Maersk) to ABS Class. The order takes the total of dual-fuel engine vessels that can sail on green methanol on order from Maersk to…
Read More -
GEODIS completes acquisition of Need It Now Delivers
GEODIS, a world leader in transport and logistics, today announced it has completed its acquisition of American company Need It Now Delivers following regulatory approvals. The acquisition significantly expands GEODIS’s U.S. presence in the areas of contract logistics and final mile delivery and strengthens its end-to-end freight network domestically and…
Read More -
Adani Ports and Special Economic Zone gets NCLT approval for the acquisition of Gangavaram port
With the acquisition of the remaining 58.1% stake, APSEZ will own 100% of Gangavaram Port; this stake purchase is through a share swap arrangement Gangavaram Port is the third largest non-major port capable of handling fully laden super cape size vessels with nine berths and free hold land of 1800…
Read More -
Hapag-Lloyd AG acquires terminal business of SM SAAM S.A.
Acquires stake in 10 terminals in six countries Presence in Latin America and terminal business further strengthened New company to operate as independent entity Hapag-Lloyd AG and SM SAAM S.A. signed a binding agreement today under which Hapag-Lloyd will acquire 100 % of the shares of SAAM Ports S.A. and…
Read More -
-
10 ways e-commerce businesses can overcome supply chain disruption
In the last few years, the resilience of your e-commerce supply chain would have been tested like never before. The biggest challenge was likely to have come from the Covid-19 pandemic which signalled long periods of lockdown and disruption across the globe. In the midst of all this, a container…
Read More -
Reuters :Transnet declares force majeure at ports over strike
South Africa’s logistics utility Transnet declared force majeure at its ports , according to a document seen by Reuters, as workers began an open-ended strike over wages from last Thursday Transnet operates South Africa’s freight rail network and all the country’s ports. It said the strike action would have a…
Read More -
DP World adds new trade routes to open global markets and ease supply chain congestion
New routes opened this year include connections between India, Middle East, Africa, and new connections between Latin America, Europe and Asia DP World added more than 23,000 nautical miles of new trade routes across the globe in the first three quarters of 2022, equivalent to a complete circumnavigation of the…
Read More -
China – Italy container freight rates plummet below 5,000 dollars
The rates for sending 40 containers drop for the 32nd consecutive week to an average value of $ 3,689, 64% lower than the amount found a year ago Shipping Italy reported New sharp decline in freight rates for container transport by sea, the 32nd in a row looking at the…
Read More -
CMA CGM to launch new service between Morocco, France and Spain
The CMA CGM Group launches a new service via ro-ro ships (Roll-on, Roll-off), enabling it to reach Marseille from Tangier in 36 hours The CMA CGM Group remains committed to the environment with this new service reducing CO2 emissions by 43% compared to roa The CMA CGM Group, a leader…
Read More