CMA CGM Sees Shipping Demand Holding Up
PARIS, July 25 (Reuters) – Shipping giant CMA CGM said on Thursday that brisk international trade and Red Sea disruption supported its
gCaptain’s full coverage of the global container shipping industry.
PARIS, July 25 (Reuters) – Shipping giant CMA CGM said on Thursday that brisk international trade and Red Sea disruption supported its
French shipping and logistics group CMA CGM has reported robust demand for cargo shipping in its second-quarter 2024 results, despite ongoing geopolitical
The container ship fleet’s capacity has surged by 1.6 million TEU since the beginning of the year and has seen an 11% year-over-year increase to 29.5
The U.S. Federal Maritime Commission (FMC), the independent federal agency responsible for regulating the nation’s international ocean transportation system,
LOS ANGELES, July 19 (Reuters) – Retailers Walmart, Target and Shein kicked off back-to-school sales early to stop Amazon.com’s Prime Day
(Bloomberg) — Jason Starr felt the first flashbacks of pandemic PTSD back in mid-April. That’s when the vice president of operations at
The fallout from the Red Sea crisis continues to cascade globally, creating significant challenges for supply chains, according to a recent market update from
The dramatic surge in ocean freight container shipping rates appears to be reaching its peak as importers push back against rising spot rates, according to
The monthly inbound cargo volume at major U.S. container ports continues to rise despite a multiple supply chain challenges, according to the Global Port
U.S. container import volume remained strong in June 2024, with volumes increasing by double-digits compared to the same month last year, according to
Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion, according to data released
(Bloomberg) — Container ship congestion in Singapore, one of Asia’s busiest ports, is spreading to neighboring Malaysia, snarling supply chains and
Maersk highlighted significant challenges posed by the ongoing Red Sea situation, which has forced ships to divert around Africa, increasing costs and
SFL Corporation Ltd. (NYSE: SFL) announced today the agreement of new 5-year time charters for four 8,700 TEU container vessels, adding approximately $240
June saw further tightening of market conditions on key deep-sea container trades, with spot rates and associated surcharges increasing every week throughout
By Gavin van Marle (The Loadstar) – Since the 1 July implementation of a series of peak season surcharges (PSS) and new FAK (freight all kinds) levels,
By Charlotte Goldstone (The Loadstar) – MSC now holds a 20% share of the global container shipping market, in terms of capacity offered, a record in the
The Federal Maritime Commission (FMC), the U.S. agency responsible for ensuring a reliable and competitive international ocean transportation system, has
By Gavin van Marle (The Loadstar) – As expected after last week’s surge in spot rate levels, this week saw more modest gains thanks to a week’s
By John Kemp LONDON, June 26 (Reuters) – Global manufacturing activity and freight are showing signs of a recovery, after a downturn took hold
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