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Shipping Sep, 24, 2024 0

CMA CGM Confirms Plans for Further Acquisitions Following Santos Brasil Deal

CMA CGM has announced plans to pursue further acquisitions, despite the looming prospect of higher taxes on large companies in its home market, as the French shipping giant revealed a…
Ports and Terminals Sep, 24, 2024 0

CMA CGM Atlas Service Makes Inaugural Call at Brazil’s Paranaguá Terminal

On Monday (23), the Paranaguá Container Terminal (TCP) received the first call of the Atlas (Atlantic Shuttle) service, operated by Mercosul Line, a cabotage carrier and multimodal logistics provider under…
Shipping Sep, 24, 2024 0

BYD prepares second ship to boost electric car exports

BYD is gearing up to launch another large vessel to expand its global exports, transporting thousands of electric and plug-in hybrid cars as part of its aggressive worldwide expansion. In…
Shipping Sep, 23, 2024 0

Temporary pier helps mitigate logistics constraints in drought-stricken Amazonas

The six rivers monitored by the National Water Agency (ANA) recorded historically low levels on Friday (20), exacerbating logistical challenges. At one of the provisional ports in Itacoatiara, 3,000 containers…
Shipping Sep, 20, 2024 0

US Department of Justice files US$100m lawsuit against MV Dali owner and operator

The US Department of Justice (USDOJ) has filed a US$100m civil claim in the US District Court for the District of Maryland against Grace Ocean Private Ltd and Synergy Marine…
Shipping Sep, 19, 2024 0

Maersk and Hapag-Lloyd charter more ships ahead of Gemini launch

Maersk and Hapag-Lloyd have been chartering more ships to expand their fleets ahead of the launch of their tie-up, Gemini Cooperation, in February 2025. Maersk took Conbulk Management’s 2004-built 2,478…
Shipping Sep, 18, 2024 0

Strong dry bulk market fuels 42% drop in ship recycling

So far this year, only 45 ships have been recycled, adding up to 2.5 million deadweight tonnes (DWT) or 0.2% of the fleet. Recycling declined in all segments, with Capesize…
Shipping Sep, 17, 2024 0

Paraná River’s Plummet: Rising Costs and Export Challenges for Argentina’s Agricultural Sector

The new and pronounced drop in the flow of the Paraná River, the main export route for grains and derivatives from Argentina, has begun to affect the loading of ships…
Shipping Sep, 17, 2024 0

Government pushes for local content in tankers

The Brazilian government aims to establish local content requirements for tankers used in coastal fuel transport as part of a broader industrial policy for the maritime sector. The provisional executive…
Shipping Sep, 17, 2024 0

CMA CGM adds another 15,000 TEU vessel to its fleet

French ocean carrier CMA CGM has announced the addition of CMA CGM Laguna to its fleet. The newbuilding is a 15,000 TEU container ship and the last one of a…