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CMA CGM and Nike forge agreement for sustainable shipping solutions

Nike, a global leader in the apparel and sportswear sector, has recently forged an agreement with French ocean carrier CMA CGM to purchase eco-friendly...

HMM and Hellmann cooperate to reduce Scope 3 emissions

HMM has collaborated with Hellmann Worldwide Logistics to manage Scope 3 emissions by implementing the Green Sailing Service, a low-carbon transportation solution aimed at...

Container carriers face US$1.4 trillion decarbonisation bill

US consultancy AlixPartners has said in its 2024 report that container shipping has very high carbon dioxide emissions, and the liner industry has to spend US$1.4...

CMA CGM moves to Augusta port in Sicily

CMA CGM Group has announced it will move its activities from the Italian terminal in Catania, Sicily to the nearby port of Augusta, as...

Empty container movements surge by 20%

Utilizing data from Container Trade Statistics (CTS) on the movement of full containers between regions, Sea-Intelligence estimated the corresponding trends in empty container movements. Empty...

German box ports’ hinterland rail freight on uptrend

The German Federal Logistics and Mobility Office (BALM) conducted an extensive analysis on the evolution of container transportation via water and rail over an...

CMA CGM completes Bolloré Logistics takeover

French shipping giant CMA CGM Group has completed the acquisition of Bolloré Logistics from its compatriot transportation company Bolloré Group. The two firms announced that...

Euroseas charters out feeder ship under construction

Greek container ship owner Euroseas has entered into a time charter contract for the 2,800 TEU Leonidas Z, a newbuilding fuel efficient feeder ship...

Hong Kong customs bust shark fins smuggling attempt

Hong Kong Customs and Excise Department officers seized a container of shark fins from a controlled and endangered species after intercepting a container on...

CMA CGM resumes Red Sea transits

French shipping company CMA CGM Group has announced it will resume Red Sea transits on a case-by-case basis. The Marseille-based carrier said, "We have reevaluated...

NYK buys UK-based logistics firm

International Logistics Group (ILG), a UK subsidiary of NYK Line's Yusen Logistics, acquired Noel Topco, a UK-based holding company of 10 companies, including Global...

The Mission to Seafarers appoints new Secretary General

The Mission to Seafarers (MtS) has revealed that Peter Rouch will assume the position of Secretary General. Peter Rouch will take the duties from Andrew...

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Hapag-Lloyd unveils its new Strategy 2030

Hapag-Lloyd announced its Strategy 2030, which is a roadmap for the company's pursuit in quality leadership, sustainability, innovation, and operational efficiency. Hapag-Lloyd said that over...

CMA CGM applies new rates from Asia to North Europe

French carrier CMA CGM has announced updated Freight All Kinds (FAK) rates effective from 1 May until further notice. The origin range encompasses all Asian...

Hapag-Lloyd removes Navegantes from ECX rotation, introduces new Brazil feeder service

German ocean carrier Hapag-Lloyd has announced changes in the Europe East Coast Express (ECX) service. From mid-April until further notice, Hapag-Lloyd said the vessels deployed...

Escalating Middle East tensions trigger projected surge in war risk premiums and freight rates

In a significant escalation of tensions in the Middle East, Iran's capture of the MSC Aries, a container ship linked to Israel, has reverberated...

Israeli violence ratchets up Middle East threat levels as Iran responds

Events over the weekend of the 13-14 April have seen rising tensions soar as Iran’s pre-publicised action in retaliation to Israel’s Syrian consulate attack...