The biggest containership to ever visit North America sailed into San Francisco Bay last week for its inaugural visit to the Port of Oakland.
The CMA CGM Benjamin Franklin, with capacity to carry 18,000 twenty-foot containers, docked at the port’s Outer Harbor on the morning of December 31, 2015 after calling at the Port of Los Angeles earlier in the week.
The arrival of the vessel symbolically opens the Trans-Pacific trade route between Asia and North America to so-called megaships, although many question whether the U.S. is ready to regularly receive vessels of this size.
The Benjamin Franklin is owned by France’s CMA CGM Group, who says the ship will operate on its Pearl River Express, a regular service connecting some of China’s main ports, including Xiamen, Nansha and Yantian, with Los Angeles and Oakland.
Photo: Port of OaklandPhoto: Port of OaklandPhoto: Port of OaklandPhoto: Port of OaklandPhoto: Port of OaklandPhoto: Port of OaklandPhoto: Port of OaklandPhoto: Port of Oakland
European Union diplomats said they expect to reach a deal during an EU summit this week on an 18th package of sanctions against Russia, which Slovakia and Hungary are using as a bargaining chip for concessions on Russian energy.
Israel and Iran appeared to be honoring a ceasefire agreement unexpectedly announced by US President Donald Trump overnight, after the American leader reacted angrily to early breaches of the deal by both sides.
U.S. strikes on several Iranian nuclear sites represent a meaningful escalation of the Middle East conflict that could lead Tehran to disrupt vital exports of oil and gas from the region, sparking a surge in energy prices. But history tells us that any disruption would likely be short-lived.
June 23, 2025
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