CMA CGM implements early container pickup incentives
In an effort to improve the fluidity of the largest import gateway in the United States, the CMA CGM Group, is to implement an Early Container Pickup Incentive Program at the ports
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MAN ME-GI engines to power 10 new Seaspan containerships
Marking another success for MAN Energy Solutions in the Chinese market, Yangzijiang Shipbuilding Group has ordered 10 MAN B&W 7G80ME-C10.5-GI engines in connection with the construction of 10 LNG-fueled containerships for Seaspan
Container shipping earnings hit all time high
Move over Facebook, Amazon, Netflix and Google, you’re currently being outperformed financially by the ocean carrier giants. Actual net income for the container shipping industry in third quarter 2021 was $48.1 billion,
White House puts container shipping alliances in its crosshairs
In its latest briefing on the port congestion issue and its impact on the supply chain, the White House notes good progress in shifting import cargoes through the ports of Los Angeles
CMA CGM in $2.3 billion LA container terminal acquisition
EQT Infrastructure is to sell one of the largest terminals in the Port of Los Angeles—Fenix Marine Services (FMS)—to CMA CGM for an enterprise value of $2.3 billion. Under EQT Infrastructure’s ownership
San Pedro Bay ports to slap charges on carriers for containers that stay in terminals
In an attempt to improve cargo movement amid congestion and record volumes, the San Pedro Bay, Calif., ports of Long Beach and Los Angeles are to assess a surcharge to ocean carriers
VIDEO: Fire breaks out in containers on Zim box ship off Victoria, B.C.
The Canadian Coast Guard reported Sunday night that a fire that broke out in 10 containers aboard the containership Zim Kingston near Victoria, B.C., had been stabilized and that emergency tow vessels,
Dutch containership will be fitted with CO2 capture and storage solution
Onboard carbon capture and storage is starting to move from the list of “possible” solutions for reducing ships GHG emissions and into real life applications. As we reported last month, a K-Line
Port NOLA resumes container operations
The Port of New Orleans (Port NOLA) reports that container vessel operations resumed yesterday, September 7, just nine days after Hurricane Ida made landfall in southeast Louisiana as a category 4 storm.
Port NOLA container terminal project moves ahead
As part of the multi-year due diligence and permitting process for the new Louisiana International Terminal (LIT) container facility in St. Bernard Parish, La., the Board of Commissioners of the Port of