News
CMA CGM agrees to acquire Lebanon's Fattal Group in MENA distribution push
2+ week, 3+ day ago (313+ words) CMA CGM announced on 14 April 2026 that it has agreed to acquire 100% of Fattal Group, a Beirut based consumer goods and pharmaceutical distributor operating across eight countries, extending the French shipping group's reach deeper into regional supply chains. The deal, which…...
U. S. Container Imports Buckle Under Tariff Pressure as Fuel Costs Bite
3+ week, 2+ day ago (535+ words) Breakbulk. News U. S. Container Imports Buckle Under Tariff Pressure as Fuel Costs Bite Estimated reading time: 4 minutes Trade policy chaos and rising bunker fuel prices are squeezing U. S. container import volumes, even though the Strait of Hormuz crisis has yet to trigger…...
MOL and Shell Launch First Joint Book and Claim Scheme to Let Cargo Owners Cut Emissions
3+ week, 2+ day ago (351+ words) Mitsui O. S. K. Lines and Shell Trading Rotterdam B. V. have implemented a book and claim model that allows cargo owners to claim greenhouse gas emission reductions from biofuel used aboard vessels they never loaded, marking the first collaboration between the two companies on…...
DFDS CEO Carlsen to exit in April as ferry operator accelerates leadership change
1+ mon, 1+ week ago (346+ words) DFDS confirmed on Wednesday that President and CEO Torben Carlsen will step down on 17 April 2026, with the Danish ferry and ro-ro operator accelerating its succession timeline following improving financial performance in late 2025 and early 2026. The announcement, issued as Company Announcement…...
MOL PLUS Joins USD 100 M Motion Ventures Fund II to Back Maritime Deep Tech
1+ mon, 1+ week ago (399+ words) MOL PLUS Co. , Ltd. confirmed its participation in Motion Ventures Fund II on Wednesday, committing capital to the USD 100 million vehicle targeting maritime automation, decarbonization, and deep tech startups, as the Mitsui O. S. K. Lines corporate venture arm deepens a partnership first…...
Mediterranean Anchorage Times Surged 33% in 2025 While Asia Ports Held Steady, Data Shows
1+ mon, 1+ week ago (360+ words) Port congestion across the global container network grew measurably worse in 2025, but the disruption was anything but uniform, with Mediterranean anchorage delays jumping nearly a third year over year even as Chinese and East Asian terminals maintained comparatively tight turnaround…...
Piraeus Volumes Fall 14. 7% as Red Sea Chaos Cuts the Port Off from Its Greatest Advantage
1+ mon, 2+ week ago (499+ words) PIRAEUS, March 18, 2026 " Container throughput at Piraeus Container Terminal, controlled by Chinese state operator COSCO SHIPPING Ports, fell 14. 7% in January 2026 year on year, the latest sign that the port's strategic position at the gateway to Europe is eroding as shipping companies…...
Rhenus Moves 2, 840 m" of Industrial Cargo from Austria to North Carolina via Danube Barge and Antwerp in Single Multimodal Operation
1+ mon, 2+ week ago (507+ words) The Rhenus Group has completed the transatlantic transport of process equipment and plant components from Austria to a manufacturing facility in North Carolina, routing nearly 2, 840 cubic metres of breakbulk cargo through an inland waterway corridor via the Danube River before…...
Port Infrastructure Lags Electric Vessel Rollout as EU Carbon Costs Rise
1+ mon, 2+ week ago (420+ words) Electric ships are entering commercial service faster than the port charging networks needed to support them, creating an emerging operational gap that regulators, operators, and infrastructure developers are scrambling to close as new European Union carbon compliance costs take effect…...
Asia-Europe Spot Rates Jump 19% as Iran Conflict Opens a $2, 000 Price Gap Between Shippers
1+ mon, 2+ week ago (643+ words) Container spot rates on the Asia-Europe trade surged this week, with some shippers already paying nearly double the market average as the war in the Middle East drives fresh volatility and carrier rate increases that are proving hard to predict…...