News
Maersk upgrades reefer connectivity across global fleet
2+ hour, 25+ min ago (230+ words) freightnews. co. za Maersk upgrades reefer connectivity across global fleet Maersk is rolling out a new connectivity platform across its global refrigerated container fleet, that it says will improve monitoring of temperature-sensitive cargo during transit. About 30% of the shipping line's…...
Gautam Adani eyes Kerala's Vizhinjam port till 2080; banks on massive MSC investment
8+ hour, 15+ min ago (489+ words) Adani Ports is working to complete the Vizhinjam International Seaport's final phase by December 2028, a deadline crucial to securing a potential 20-year extension of its concession. The company has secured investment from Mediterranean Shipping Company (MSC) for the final phase,…...
Watch: APM Terminals Valencia removes oldest STS crane
7+ hour, 13+ min ago (154+ words) APM Terminals Valencia has retired one of its oldest STS cranes as part of a modernisation programme aimed at improving operational efficiency and accommodating larger container vessels. Konecranes has acquired the nuclear and port service businesses of Coapsa Control SL,…...
CMA CGM Acquires Fed Ex Supply Chain for $1. 4 Billion
7+ hour, 52+ min ago (235+ words) Shipping Container Rates Surge as Tanker Rates Fall Amid Middle" On July 1, 2026, CMA CGM disclosed it had finalized an arrangement to purchase Fed Ex Supply Chain, a unit of Fed Ex Corp. , as reported by The Maritime Executive. The transaction,…...
Kerala government reviews Adani Group's Vizhinjam port stake sale proposal
5+ hour, 23+ min ago (318+ words) The proposal for a stake sale in the Adani Group-owned Vizhinjam Seaport is learnt to have been forwarded to the Kerala State Law Department for legal vetting. After scrutiny, it will be examined by a high-level committee headed by the…...
Iran Conflict and Peak Season Drive Ocean and Air Freight Rate Surge
7+ hour, 32+ min ago (705+ words) Global Trade Magazine is the essential resource for U. S. companies engaged in international business, offering insights on supply chain management, logistics, trade finance, and global market trends. Through expert articles, case studies, and strategic analyses, the magazine empowers executives and professionals…...
Asyad Group and CMA CGM Group Initiate a Strategic Partnership to Enhance Maritime Connectivity and New Regional Trade Corridors Through a Multipurpose Logistics Terminal in Oman
12+ hour, 50+ min ago (247+ words) Asyad Group, Oman's global integrated logistics provider, and CMA CGM Group, a global player in sea, land, air and logistics solutions, headquartered in France, have signed a Framework Agreement to develop, manage, and operate a multipurpose logistics terminal in Sohar....
Maersk Sharply Raises 2026 Financial Guidance on Stronger-Than-Expected Container Demand and Rising Spot Freight Rates - i Marine
12+ hour, 31+ min ago (340+ words) Sumec Marine Secures Two 1, 100 TEU Containership Newbuilding Order from Minsheng Shipping & BOC Financial Leasing Yangzijiang Maritime's Total New Orders at Qianyao Heavy Industry Rise to Ten Ships DSIC-Built 175, 000 cbm LNG Carrier "Sea Creation" Joins CMES Fleet CIMC Raffles Breaks New…...
French shipping company CMA CGM Group to buy Fed Ex' logistics arm for $1. 4 B
20+ hour, 15+ min ago (184+ words) CMA CGM Group said the acquisition will triple the size of its own logistics arm, CEVA Logistics and help build its presence as a contract logistics provider in North America. In 2025, CMA CGM pledged to invest $20 billion in its U. S. warehousing,…...
CIMC Raffles Breaks New Ground in Commercial Shipbuilding With First Containership Series
12+ hour, 53+ min ago (425+ words) DSIC-Built 175, 000 cbm LNG Carrier "Sea Creation" Joins CMES Fleet CIMC Raffles Breaks New Ground in Commercial Shipbuilding With First Containership Series Hengli Heavy Industries Secures 207 New Vessel Orders in H1 2026 Nantong Xiangyu SOE Lands Four 63, 800 DWT Bulk Carrier Newbuild Order from…...