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Yilport resumes reactivation of Taranto container terminal

“Yilport is resuming its investment programme in the San Cataldo Container Terminal (SCCT), Italy, a...

by Seatrade Maritime News

First Container Vessel Deployed Under The ASEA Service Line Arrives

“Business at the premier port of Mombasa has received a major boost following the arrival of the fir...

by Hellenic Shipping News

CMA CGM’s mega-ship fleet awarded green certification

“CMA CGM has announced that its 23,000 TEU LNG-powered mega-ship fleet has been given certification...

by Port Technology

Gloomy outlook for MPCC as feeder market collapses and charter rates plunge

“Oslo-listed feedership owner MPC Container Ships (MPCC) has posted a net loss of $10.7m for the fir...

by The Loadstar

Yilport resumes San Cataldo Container Terminal project after COVID-19 delays

“After delays to the San Cataldo Container Terminal (SCCT) investment programme because of COVID-19, the terminal could be ready to welcome its first vessel as soon as July.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology

Adani Ports join TradeLens platform of Maersk-IBM in a big push to digitising supply chain

“In a big digitisation push, Adani Ports and Special Economic Zone Ltd (APSEZ), India’s biggest priv...

by The Hindu Business Line

World’s biggest dual-fuel, low-speed engine is here!

“The world’s biggest dual-fuel, low-speed engine WinGD X92DF has been officially launched in China, China State Shipbuilding Corporation revealed.” See the original story at Offshore Energy. Source: Offshore Energy (JK)

by Offshore Energy

Import cuts could trigger more shortages as states reopen

“After “blanking” (canceling) around 20% of Asia-to-U.S. capacity this month and next, it now appears almost certain that carriers will cut fewer sailings in July..” See the original story at Freight Waves. Source: Freight Waves (JK)

by Freight Waves

Container lines learning from crises past: CEOs

“Container shipping line executives say they’re confident the industry will be able to withstand a d...

by JOC

CMPort suffers first quarter crash as COVID-19 and tariffs take toll

“China Merchants Ports (CMPort) saw its TEU traffic fall by 5.6% year-on-year (YoY) in the first qua...

by Port Technology

Carriers push up Asia-Europe FAK rates as capacity tightens

“CMA CGM has announced a $300 increase in FAK rates from Asia to North Europe and the Mediterranean, to $2,000 per 40ft, from 1 June.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

More state bailouts spark claims of ‘unfair competition’ among container lines

“With Europe’s CMA CGM becoming the latest major container line to tap state aid, there are growing...

by The Loadstar

CMA CGM secures €1.05bn state-backed loan

“CMA CGM has secured a €1.05bn loan from BNP Paribas, HSBC and Société Générale, backed by the French government.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

Container charter market goes ‘from boom to bust’ in four months

“Ocean carriers are scrambling to cut costs as the demand for liner services continues to plummet, and the off-hiring of chartered tonnage is top of their agenda.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

CMA CGM receives Sub-Panamax newbuild

“French container shipping major CMA CGM has taken delivery of CMA CGM Sinnamary, a Sub-Panamax newbuild vessel.” See the original story at Offshore Energy. Source: Offshore Energy (JK)

by Offshore Energy

Container lines divert 20 services via the Cape of Good Hope

“At least 20 container line sailings trade have diverted to the going via the Cape of Good Hope rather than Suez Canal, according to analyst Alphaliner.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

by Seatrade Maritime News

Hapag-Lloyd postpones mega-ship order

“Hapag-Lloyd, the fifth biggest container shipper line in the world by market share, has postponed i...

by Port Technology

Indian Ocean Service 2 (IO2) – Void Sailings

The following advisory was published by Hapag-Lloyd:

We would like to inform that due to COVID-19...

by Hapag-Lloyd

Chinese firm takes over Kingston Freeport management company

“China Merchants Port Holdings now has full control of Kingston Freeport Terminal Limited (KFTL), th...

by Jamaica Observer

APL bows out of Indian subcontinent, Middle East and Latin American trades

For the next six weeks, APL will only serve transpacific and US-flag services. APL’s mother company,...

by Splash 24/7

Reefer Empty Equipment Imbalance Surcharge from Le Havre & Montoir, France to Asia

The following advisory was published by CMA CGM:

Considering current Reefer equipment situation a...

by CMA CGM

CMA CGM launches Business Continuity Pack

“As the COVID-19 pandemic affects all sectors of the world economy, the CMA CGM Group is taking acti...

by Port Technology

Shipping lines impose congestion surcharge

“International liners calling at Manila and Subic ports have imposed a $1,000 port- congestion fee p...

by Manila Times

India’s main ports at a standstill as imports clog storage and exports dry up

“India’s 21-day coronavirus lockdown has caused severe cargo congestion at key ports and container f...

by The Loadstar

CMA CGM Containership Reroutes Around Cape of Good Hope, Bypassing Suez Canal

“An ultra-large containership belonging to CMA CGM is bypassing the Suez Canal on its return trip to...

by gCaptain

Update: CMA CGM Marco Polo Crew Member Tests Negative for Coronavirus

“The crew member on board the giant containership CMA CGM Marco Polo has tested negative for the cor...

by World Maritime News

CMA CGM Crew Member in Isolation Awaiting Coronavirus Testing

“A crew member of the CMA CGM Marco Polo containership has been taken ill on board, showing symptoms linked to the coronavirus infection.” See the original story at World Maritime News. Source: World Maritime News (JK)

by World Maritime News

CMA CGM-Chartered Boxship Runs Aground in Mississippi River

“A Liberia-flagged containership ran aground in the Mississippi River on March 27, the US Coast Guard (USCG) said.” See the original story at World Maritime News. Source: World Maritime New (JK)

by World Maritime New

CMA CGM Closes USD 815 Mn Sale of Eight Port Terminals to Terminal Link

“French container shipping and logistics company CMA CGM has completed a first transaction related t...

by World Maritime News

CMA CGM launches new cargo loading solution

“CMA CGM, the fourth largest container shipping line in the world by market share, has launched SEAP...

by Port Technology

CMA CGM to deliver 100,000 masks in COVID-19 fight

“CMA CGM, the fourth biggest container shipping line in the world, will donate 100,000 face masks to...

by Port Technology

EU: CMA CGM Gets Green Light to Sell Stakes in 10 Terminals

“French shipping and logistics company CMA CGM and port developer and operator China Merchants Port...

by World Maritime News

LNG-Powered CMA CGM Jacques Saade Heads for Sea Trials as CSSC Resumes Work

“The 23,000 TEU LNG-powered containership giant CMA CGM Jacques Saade has set sails for sea trials r...

by World Maritime News

Container freight rates for Indian sub-continent ports rise sharply

“The dramatic drop calls to ports in the Indian sub-continent has led to a sharp rise container frei...

by Seatrade Maritime News

Timely Terminal Boost For Wilson, Sons

“Major Brazilian shipping group, Wilson, Sons has received a boost as shipping lines are bringing additional cargo to the company’s two terminals, as Rob Ward confirms.” See the original story at Port Strategy. Source: Port Strategy (JK)

by Port Strategy

CMA CGM lifts reefer congestion surcharge in China as truckers return to work

“The massive backlog of reefer containers at Chinese gateway ports has begun to clear, according to carriers and ports in the region.” See the original at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

CMA CGM may have to sell a piece of Ceva as it faces limited liquidity options

“CMA CGM could be forced to sell a minority stake in Ceva Logistics, barely a year after it took ove...

by The Loadstar

Port Tampa Bay anticipates delay of Asian container services

“Port Tampa Bay is bracing for the impact the coronavirus could create for its cargo business. The p...

by Tampa Bay Business Journal

CMA CGM forecasts swift coronavirus recovery

“CMA CGM, the fourth biggest container shipping line in the world, has reported an upturn in business in China following the coronavirus outbreak.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology

CEVA Takeover Affects CMA CGM’s Bottom Line

“French container shipping major CMA CGM ended 2019 with significantly increased revenues due to the acquisition of CEVA but also a bigger net loss.” See the original story at World Maritime News. Source: World Maritime News (JK)

by World Maritime News

Major carrier coalition releases cyber-security guide

“The Digital Container Shipping Association (DCSA), the initiative established to increase digitalis...

by Port Technology

CMA CGM: Cargo Flow Easing Up at China’s Major Coastal Ports

“Cargo flow at the major coastal ports in China is beginning to normalize and business operations ha...

by World Maritime News

Historic capacity crunch looms as more Europe-Asia sailings are blanked

“Freight forwarders sending goods out of Europe to Asia face one of the tightest capacity crunches in living memory over the next few weeks.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

Container lines add more backhaul and reefer surcharges

“Container lines are continuing to add surcharges for the backhaul into Asia and Chinese reefer impo...

by Seatrade Maritime News

As coronavirus goes global, Maersk prepares for a major financial hit

“As the coronavirus crisis continues, and begins to impact global share prices, Maersk’s guidance for a mid-point lower ebitda of $200m less than 2019 looks increasingly inadequate.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

Liners, Terminal Operators to Become Shareholders of Global Shipping Business Network

“Nine ocean carriers and terminal operators have signed a shareholders’ agreement indicating their i...

by World Maritime News

Container lines roll out backhaul surcharges for shipments to Asia

“Container lines are rolling out surcharges on backhaul routes to Asia as blanked sailings from Chin...

by Seatrade Maritime News

PCS (Port Congestion Surcharge) – Reefer exports to Shanghai, Ningbo & Tianjin/Xingang

The following story at CMA CGM:

With the extended Lunar New Year holidays and concerns regarding...

by CMA CGM