CMA CGM paints gloomy outlook as profit plummets
CMA CGM SA sketched out a sombre outlook for the shipping industry, with the world’s third-largest container line saying freight rates remain weak and a…
Shipping industry disruption: How Yellow’s bankruptcy puts pressure on businesses
“After last month saw the US narrowly avoid a national UPS strike, it’s no secret it’s been a turbulent time for the shipping industry.
China curbs drone export after US says it aids Russia war effort
China slapped restrictions on the export of drones and certain components used in their manufacture, a move that could hurt production abroad of the aerial…
Indonesia’s EV mission will be trickier than just mining nickel
Southeast Asia’s biggest economy wants to use its booming battery-metals sector as a springboard to become a global player in electric vehicles.
Montreal Port Authority announces the departure of its President and CEO
The Montreal Port Authority (MPA) announces that its President and CEO, Martin Imbleau, will be stepping down on September 8, 2023, to take on a…
CMA CGM PCS - Reefer cargo to Douala, Cameroon
Considering present operational situation in Douala, Cameroon, CMA CGM will implement the following Port Congestion Surcharge (PCS):
Shipping companies are on a spending spree
The world’s biggest shipping companies are plowing their pandemic windfalls into orders for new vessels on an unprecedented scale, making an industry known for hair-raising…
CMA CGM FAK rates - from Asia to North Europe for August 15th
CMA CGM has announced an increase on our Freight All Kinds (FAK) rates(*) ex Asia to North Europe.
IBA comment: Impact of Heathrow fuel supply issues on carbon emissions
IBA estimates 1800 tons of used/wasted CO2 per day
Siefert assumes new role as QDC’s COO
Chelsea Siefert has been promoted to the role of QDC’s Chief Operating Officer after four successful years as Quonset’s Director of Planning and Development.
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