CMA CGM rate announcement - From Turkey, the Middle East Gulf & Red Sea to Latin America
CMA CGM announced the following rate increase:
Canada M&A triples to $184 billion as railroad bidding heats up
Canadian dealmaking is extending its boom, as a potential bidding war between two railway operators contributes to a tripling in mergers and acquisitions volumes.
MAERSK ATHABASCA – COVID-19 indecent update
The MAERSK ATHABASCA, deployed on MSC’s Elephant service voyage 112W, was diverted to Vizhinjam, India due to suspected cases of COVID-19 onboard while en-route from…
U.K. plans deeper carbon cuts to spur climate change fight
Prime Minster Boris Johnson’s government will set a goal to cut U.K. carbon pollution by 78% by 2035, deepening an already ambitious target as he…
Global chip rush drives Taiwan’s export orders to record
Global demand for semiconductors, fueled by 5G and high-performance computing, showed little sign of easing off as Taiwan’s searing pace of export orders continued for…
Boeing raises retirement age for CEO, says finance chief to exit
Boeing Co. is raising the retirement age for Chief Executive Officer Dave Calhoun to 70, citing his “substantial progress” in piloting the company through the…
Global reflation trade gains new momentum from China’s yuan
China’s yuan is overvalued, and that could end up stoking global inflation.
Ocean carriers may fund $6 billion project to decarbonize marine engines by 2050
In June, the International Maritime Organization (IMO) will be reviewing a plan to assess ocean carriers between U.S. $5-to-6 billion dollars to develop alternative fuels…
Boeing’s Max gets fresh boost with order from leasing firm
Boeing Co.’s 737 Max got a boost from the jet-leasing sector after Dubai Aerospace Enterprise announced a deal for 15 aircraft, adding to evidence that…
Maersk offers expertise and advice at US Congressional hearing on a carbon-free maritime industry
The main challenge in the transformation to low or zero emissions shipping is not at sea, but on land.
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