MSC Expands Return to Red Sea With Four East-West Services
Mediterranean Shipping Company (MSC) is bringing multiple East-West services back to the Red Sea, marking another major ocean…
Red Sea Shipping Risks Return With Deadly Houthi Attack
Houthi rebels struck a cargo ship in the Bab el-Mandeb Strait on Tuesday, marking the first reported deaths…
Inventory Stockpiling Drives 19% Revenue Surge at CMA CGM
Strong volumes and higher freight rates powered CMA CGM to nearly 20 percent revenue growth in the second…
Panama Canal’s El Niño Concerns Prompt Carrier Surcharges
The Panama Canal continues to prepare for potentially extreme El Niño weather patterns this year that could lead…
CMA CGM Vessel Navigates Hormuz as Crisis Remains ‘Localized’
A CMA CGM container vessel passed through the Strait of Hormuz, marking the apparent first time a cargo…
CMA CGM Profits Sink as Freight Rate Hangover Hits Q1
CMA CGM’s profits took a noteworthy hit in the first quarter, following the trend of ocean carriers feeling…
CMA CGM Vessel Navigates Hormuz as Crisis Remains ‘Localized’
A CMA CGM container vessel passed through the Strait of Hormuz, marking the apparent first time a cargo…
‘Back Where We Started’: CMA CGM Ship Hit as Hormuz Attacks Resume
A CMA CGM container vessel was hit by a projectile in the Strait of Hormuz Saturday—one of multiple…