Liner Shipping

Mitsui O.S.K. Lines, ("MOL"; President & CEO: Junichiro Ikeda; headquarters: Minato-ku, Tokyo) today announced that MOL will expand its NVOCC(*) business under the unified brand name "MOL Worldwide Logistics". Read More »

Crowley FUELS and PowerSecure, a Southern Company subsidiary, have formed an alliance to develop and deploy microgrid solutions incorporating liquefied natural gas (LNG), renewables and storage to provide greater reliability and resiliency to customers and economies throughout the Caribbean and Central America. Read More »

Kestrel Liner Agencies, the Caribbean region's go-to shipping agency and gateway to the rest of the world, has been awarded the prestigious Queen's Award For International Trade 2018. Read More »

CMA CGM informs its customers of the following General Rate Restoration effective May 1st, 2018 (B/L date) Read More »

CMA CGM Freight All Kinds rates as follows as from May 20th, 2018 (date of loading at the origin port) until further notice. Read More »

CMA CGM announced the following General Rate Restoration effective May 20th, 2018 (loading date) Read More »

Sealand, the Intra-Americas regional ocean carrier of the Maersk Group, will operate a new direct, all-water service, the Gulf Ocean Express (GOEX) service, that connects Central America, Panama and Columbia to and from the Port of New Orleans (Port NOLA). Read More »

CMA CGM announced the following General Rate Restoration From Pointe Noire (Republic of Congo) to Asia including China, South Korea, Taiwan, Japan, Southeast Asia and Bangladesh Read More »

CMA CGM, a worldwide leading shipping company, announces it has reached an agreement to acquire an equity stake of nearly 25% of CEVA Logistics AG (“CEVA”), a global leading player in the logistics sector. CMA CGM has committed to subscribe for mandatory convertible securities of CEVA in an estimated amount between 380 and 450 million CHF. These securities will be convertible into CEVA common shares subject to obtaining all required regulatory approvals. This equity investment takes place in connection with CEVA’s planned initial public offering on the SIX Swiss Exchange, announced on 20th April 2018, and remains conditioned upon its successful completion. With this transaction, CMA CGM aims to grow its presence in the logistics sector, a business closely related to shipping. A global leader in logistics and with more than 56,000 employees and temporary/agency workers in 160 countries, CEVA posted revenues of over 7 billion dollars in 2017. CEVA is the #5 player in contract logistics, providing end-to-end supply chain solutions, and managing more than 9 million sqm. of warehouses in more than 750 sites in the world. It is also ranked 10th in the world in freight forwarding, with a strong footprint in Asia. Its long-standing blue-chip customer base includes leading players in the automobile, consumer & retail (including e-commerce), industrial & aerospace, technology and healthcare sectors. Following this equity investment, CMA CGM will nominate two members of CEVA’s Board of Directors. The two companies have agreed to explore potential opportunities to work together towards the development of joint commercial offerings, according to terms that will be defined in the coming months. The closing of the transaction remains subject to the completion of CEVA’s IPO as well as to the approval from regulatory authorities. Commenting on the proposed transaction, Rodolphe Saadé, Chairman and CEO of CMA CGM stated:“With this proposed investment in CEVA, CMA CGM makes a significant move, in line with its development strategy. CEVA is a major player in the logistics business, which is closely related to the shipping industry. Together, the two companies will also explore possible cooperations allowing us to propose an ever more differentiated and qualitative offering while integrating services beyond maritime transport.“ Read More »

CMA CGM announced the following Rate Restoration Program for April 2018 effective May 1st, 2018 (B/L date) Read More »

CMA CGM announced a Rate Restoration Program for May 2018 as follows effective May 1st, 2018 Read More »

AAL’s strategic objective to become carrier of choice for the world’s most dynamic industry projects is boosted this month with a simultaneous and carefully planned expansion of its European team, agency network and service capabilities. Read More »

CMA CGM will apply a General Rate Increase for all dry cargo exports out of Canada West Coast effective May 13th, 2018 (on board date) Read More »

Dutch-based transport company A2B-online Container B.V. has added a fourth weekly sailing on its service between Hutchison Ports London Thamesport and Moerdijk in The Netherlands. Read More »

CMA CGM Freight All Kinds (FAK) rates(*) as follows as from May 1st, 2018 (date of loading in the origin ports) until further notice Read More »

CMA CGM announced the following General Rate Restoration effective May 1st, 2018 (B/L date) From Asia including China, South Korea, Taiwan, Japan, Southeast Asia and Bangladesh To West Africa All cargo dry, reefer, OOG and breakbulk Effective May 1st, 2018 (B/L date): USD 500/20' USD 1,000/40' Read More »

MOL has provided transport service for this project since 2015, and has transported four shipments in all, totaling about 5,000 cases (about 75,000 cans). Read More »

Commits to following the International Maritime Organization’s historic decision aimed at reducing by 50% the industry’s CO2 emissions in 2050 Read More »

In response to the expected low demand after the Labor Day holiday in China, OOCL announced of the withdrawal of the following Asia-Europe sailings Read More »

Asia to Southern Africa container trade rebounded in 2017 and has started 2018 with gusto. Read More »