LONDON, March 4 (Reuters) - The Maltese-flagged container ship Safeen Prestige was damaged by a projectile as it ‌sailed towards the top of the Strait of Hormuz on Wednesday, prompting its crew to ...
Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand ...
Container shipping companies have begun halting bookings and diverting vessels as they respond to the increasing security risk in the Middle East. Hapag-Lloyd HLAG 3.43% said Wednesday that it has ...
[This article was first published in Army Sustainment Professional Bulletin, which was then called Army Logistician, volume 2, number 2 (March–April 1970), pages 16–22.] A SUBSTANTIAL NUMBER of big, ...
CMA CGM’s finance chief warned the container shipping industry that next year will see a slowdown in global trade. “2026 won’t be a great year for shipping,” Ramon Fernandez, CMA CGM Group’s chief ...
Shipping moves 90% of global trade and produces nearly 3% of global emissions. The sector has proved challenging to clean up, as cargo ships can travel for weeks between ports and typically rely on ...