CMA CGM and VIKING work together for better safety equipment management

Press Release - Viking Thinking big When your fleet has a large number of vessels, including some of the world’s biggest container ships, and you operate some 200 shipping routes to visit almost all of the important commercial ports, it’s the Big Picture that really counts. Scalability, cost-efficiency, time savings, and risk reduction – these are key parameters that help … [Read more...]

Global Automakers Hail More Ships Ahead of Tariff Deadline

By Nick Carey, Jonathan Saul and Brenda Goh DETROIT/LONDON/SHANGHAI, July 5 (Reuters) - Automakers are scrambling to ship vehicles to the United States to pre-empt possible higher tariffs, according to port data, port officials and logistics companies. Data from a number of U.S. ports showed a surge in vehicle exports and imports in May, as U.S. President Donald Trump … [Read more...]

Saudi-Led Alliance Set for Battle Over Yemen’s Biggest Port

By Mohamed Mokhashef and Mohammed Ghobari ADEN, June 12 (Reuters) - A Saudi-led coalition geared up on Tuesday for a military assault on Yemen's main port, preparing to launch by far the biggest battle of a three-year war between an alliance of Arab states and the Houthi movement that controls Yemen's capital. The United Arab Emirates, a member of the Western-backed … [Read more...]

China’s 1st New Aircraft Carrier To Start Sea Trials

  by Ben Blanchard (Reuters) China first domestically developed aircraft carrier looks set to begin sea trials after pictures appeared on the Chinese internet on Monday of it leaving its dock in the northeastern port of Dalian. The still-unnamed carrier was launched this time last year but since then has been undergoing fitting of weapons and other systems and has … [Read more...]

Danish DFDS To Buy Turkish U.N. Ro-Ro in $1.2 billion deal

by Teis Jensen (Reuters) - Danish shipping and logistics company DFDS has agreed to buy Turkish freight shipping operator U.N. Ro-Ro from Turkish private equity firms Actera Group and Esas Holdings for 950 million euros ($1.17 billion) on a debt-free basis. It marks a change of course for the Turkish company, which had planned an initial public offering for up to 57.7 … [Read more...]