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Trafigura's Andrea Olivi on expanding container business, going big on VLCCs and shipowning strategy
9+ hour, 37+ min ago (1176+ words) Expanding trader and shipowner Trafigura has set its sights on the container business as a potential growth area, while remaining bullish on VLCCs following major investments in both newbuildings and secondhand tonnage Trafigura global head of shipping Andrea Olivi spoke…...
Maersk Acquires Hamburg S'd " Puente de Mando
1+ mon, 2+ week ago (152+ words) Maersk Acquires Hamburg S'd Puente de Mando Maersk Acquires Hamburg S'd Maersk Line, the world's leading operator of container shipping lines, and the German Oetker group have reached an agreement for the acquisition of the shipping company Hamburg S'd. The…...
Wavelength podcast: Peace at last? Shipping cautiously resumes as Hormuz re-opens
3+ hour, 58+ min ago (41+ words) Trade Winds News Wavelength podcast: Peace at last? Shipping cautiously resumes as Hormuz re-opens Plus: why Russia is pushing to grow its shadow fleet of LNG carriers once again...
CMA CGM NOTRE DAME will arrive in Europe in July
18+ hour, 17+ min ago (551+ words) The CMA CGM Group reported that the container ship CMA CGM NOTRE DAME made its maiden call in Singapore after beginning its inaugural commercial voyage from Shanghai, China. The vessel will now continue its journey to France and other European…...
APMT inaugurates $350m terminal in Brazil | my KN
18+ hour, 17+ min ago (192+ words) APM Terminals has today inaugurated its new terminal at the Brazilian port of Suape, which will be the first fully electrified facility in Latin America upon commencing operations. Constructed at a cost of $350m, APMT Suape will increase the total container…...
Drewry WCI rises to 18-month high on increased demand, freight rates
18+ hour, 55+ min ago (445+ words) Fibre2 Fashion Drewry WCI rises to 18-month high on increased demand, freight rates - Drewry's World Container Index rose 11. 83 per cent to $3, 969 per FEU, its highest level in 18 months, driven by higher freight rates on Transpacific and Asia-Europe routes. - Strong demand, cargo…...
CMA CGM, ONE in India-USEC VSA talks amid standalone operational woes: sources
12+ hour, 26+ min ago (151+ words) Journal of Commerce More News & Analysis UK faces surge in cheap imports as EU eliminates duty-free access The UK could become a dumping ground for low-value imports come July, prompting industry leaders to urge the government to accelerate the removal…...
Reopening Hormuz leaves shipping in choppy waters
16+ hour, 31+ min ago (156+ words) Analysts: launch of EU methane rules to reveal market impact German solar output to jump 20% above norm amid heatwave Ukraine to launch PPAs for energy-intensive businesses EU ETS divides Italy's energy sector ahead of reform review UK carbon surges to…...
Grimaldi car carrier among first ships transiting Hormuz after US-Iran deal as traffic picks up
16+ hour, 19+ min ago (128+ words) Maritime traffic through the Strait of Hormuz has begun to show early signs of picking up following the signing of a memorandum of understanding between the United States and Iran, easing tensions in the region after almost four months. The…...
Why Exhibition Stands Still Earn Their Keep in Container Shipping and Maritime Logistics
17+ hour, 25+ min ago (157+ words) For anyone selling into this market, the exhibition hall is less a marketing expense than a compressed version of an entire sales year. The contacts that would take months to reach through cold outreach are, for the length of a…...