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News
CMA CGM extends BALT1 service
1+ day, 12+ hour ago (63+ words) Container News CMA CGM will extend its Baltic BALT1 service with new calls at Antwerp and Klaipeda. The carrier will also increase capacity on the route. It will replace two vessels of 1,400 TEUs with three vessels of 2,200 TEUs. The extended service…...
Maersk to sell training business to Open Gate Capital - DatamarNews
1+ day, 1+ hour ago (263+ words) Danish shipping and logistics group A.P. Moller – Maersk said on Friday, August 7, that it has reached an agreement to sell Maersk Training and its subsidiary Maersk H2S Safety Services to Open Gate Capital, a firm specializing in the acquisition of corporate and…...
Ferry for 1.50 euros and unified management of docks: Riga prepares a reform of water transport
1+ day, 11+ hour ago (637+ words) Inbox.lv Ferry for 1.50 euros and unified management of docks: Riga prepares a reform of water transport On August 10, the City Development Committee of the Riga City Council will review a report on the reform of the water transport system…...
CMA CGM appoints Giovani Grassi as managing director for Brazil
1+ day, 4+ hour ago (190+ words) CMA CGM Group has appointed Giovani Grassi as managing director of CMA CGM Brazil, effective August 3, 2026. In his new role, Grassi will lead the group’s ocean shipping activities in Brazil, one of CMA CGM’s key strategic markets in Latin America....
Early surge in US container imports coming to an end, shippers say
1+ day, 4+ hour ago (374+ words) US container import volume, driven by tariffs and war surcharges, has peaked. Shippers are now well-stocked for the upcoming holiday shopping season. Import volume is expected to decline for the remainder of 2026. However, ocean transport prices will likely remain elevated…...
Transpacific Container Rates Rally as Europe’s Peak Season Fades
1+ day, 5+ hour ago (606+ words) By Alexander Whiteman (The Loadstar) – European trades saw spot rates decline for a fourth consecutive week, with carriers cancelling or cutting back plans for rate boosting, but for those operating on the transpacific, the situation was far rosier, as increases…...
Ocean carriers redraw the marine terminal landscape
1+ day, 4+ hour ago (113+ words) Journal of Commerce More News & Analysis Ocean carriers redraw the marine terminal landscape A string of major port investments this summer highlights how ocean carriers are increasingly locking in marine terminal capacity. US retailers downgrade July import forecast, but see…...
Grimaldi Ship Sets New Cargo Handling Record at Port of Tema
1+ day, 16+ hour ago (260+ words) The Great Abidjan has set a new operational record at the Port of Tema following a landmark call on Sunday, marking a significant milestone for Grimaldi Group’s Deep Sea East Asia–South Africa–West Africa service. During the call, the…...
Shipping Corporation of India Reports Q1 Net Profit of ₹620 Crore
1+ day, 16+ hour ago (427+ words) Shipping Corporation of India delivered high growth in Q1 FY27, with consolidated net profit jumping 74.9% YoY to ₹619.34 crore. Revenue from operations increased by 40.3% YoY to ₹1,846.56 crore, while operating EBITDA margins expanded sharply by over 10 percentage points to 47.79%, supported by firm global tanker…...
Drewry: The World Container Index increased 1% this week 32-2026 | Freight news
1+ day, 21+ hour ago (169+ words) In accordance with the assessment of Drewry Supply Chain Advisors, the container rates rebounded back to increasing tendency. As it is mentioned, their composite World Container Index increased by 1% to $4,297 per 40-foot container. Freight rates from Shanghai to Rotterdam remained…...