French shipping giant CMA CGM plans to launch a full takeover bid for port terminal operator Santos Brasil after it agreed to buy a 48% stake in the company, it said on Monday as it further expands its grip on global shipping infrastructure.After cashing in billions of windfall profits on the back of spiralling container prices during the COVID-19 pandemic, the unlisted shipping giant has gone on a shopping spree with major investments in sectors including logistics…
The maritime industry has long wrestled with the challenge of attracting and retaining skilled seafarers. But according to Eric Griffin, VP of Offshore Energy & Fishing, Maritime, at Inmarsat, one factor now sits firmly at the center of the conversation: seamless connectivity…
A new report from the ITF Seafarers’ Trust (ITFST) and the World Maritime University (WMU) highlights the continuing absence of shore leave for the world’s seafarers.Analyzing the data from 5,879 seafarers who responded to the ITFST’s Shore Leave Survey…
Imports to the busiest U.S. seaport in Los Angeles rebounded strongly in June as retailers moved to stock up on goods for the holiday shopping season amid fears of higher tariffs.The Port of Los Angeles handled 470,450 20-foot equivalent units (TEUs) of incoming cargo last month after the U…
A 90-day trade thaw between Washington and Beijing could prove to be a welcome reprieve for the U.S. freight industry, as importers rush to lock in shipments ahead of the busy back-to-school period, experts said.The $906 billion U.S. trucking industry…
So many U.S. companies rushed in goods to avoid President Donald Trump's threatened tariffs that imports soared to near-record levels in recent weeks. Now, retailers and other importers are hitting the brakes, awaiting clarity on where the new duties will land…
California’s Port of Richmond has announced that dredging and marine construction company Dutra has expanded its operations at the port with the lease of Basin 1 at the Point Potrero Marine Terminal (PPMT).Dutra has been a long-term tenant at the Port leasing Basin 2 as well as adjacent storage…
Wallenius Wilhelmsen has taken a strategic step to expand its logistics services by taking over the terminal operations in Gothenburg in Sweden.The Port of Gothenburg, the largest port in Scandinavia for vehicles, is strategically positioned…
The summer of 2013 was a breaking point for the Port of New York and New Jersey.“It was like Armageddon,” said Bethann Rooney, port director at the Port Authority of New York and New Jersey. “It was the worst cargo congestion we’ve ever seen…
The Massachusetts Port Authority (Massport) today celebrated a record-breaking passenger count at Flynn Cruiseport Boston this year with just over 480,000 passengers, a 29 percent passenger increase over last year.Flynn Cruiseport welcomed a…
ECOsubsea launched its Ultra High Efficiency Hull Cleaning Service (UHEHCS) in Singapore, introducing its new ROV. According to the company, tests showed the ROV operates 10 times faster than conventional cleaning methods. 'We cleaned a fully laden capesize vessel…
Estonian State Fleet announced a call for tender for the design and construction of a new, battery-powered electric ferry to serve the main islands in Estonia. 'I’m proud to see Estonia leading the way in adopting environmentally sustainable technologies in the maritime sector to achieve this…
In January 2023, U.S. federal agents raided the home of a Tucson maintenance worker who had a side hustle hauling packages across the border to Mexico.They estimate that over the previous two years, the gray-bearded courier had ferried about 7…
Imports of U.S. container cargo in August jumped 12.9% from a year ago as a summer volume surge delayed cargo at major ports and anxiety builds over a threatened longshore worker strike on the East Coast and Gulf of Mexico on Oct. 1, trade data provider Descartes Systems Group said on Tuesday…
Retailers are fueling a summer rush of imports to the United States this year as companies guard against a potential strike by port workers and ongoing shipping disruptions from attacks in the Red Sea ahead of a shortened holiday shopping season…
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