CEVA Logistics, owned by shipping company CMA CGM, has entered into a joint venture with Saudi-owned Almajdouie Logistics. The joint venture will focus on solutions for various industries in Saudi Arabia, including the conventional energy industry, automotive and retail. The joint organization will have around 2000 employees in Saudi Arabia and a local fleet of more than 2000 assets. #shipping #freight #logistics #collaboration #energy #automotive #retail #business #strategy
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Opdateringer
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The crisis in the Red Sea, where the Houthis have been attacking merchant ships since November, has meant that empty containers are being transported 20% further than before. So shows a report from Sea-Intelligence. ”Curiously, this impacts empty containers more than full containers due to imbalances,” the report states. #shipping #containershipping #freight #oceanfreight #logistics #business #globaltrade
Empty containers are being transported further than before the Red Sea crisis
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The Houthis claim to have attacked three ships in response to an Israeli attack on southern Gaza on Sunday, a spokesperson for the militant movement said. So writes Reuters based on the United Kingdom Maritime Trade Operations (UKMTO). According to the Houthis, one of the three ships was in the Mediterranean Sea, which would be the first time an attack has taken place on the other side of the Suez Canal. However, Reuters has not been able to confirm this. #shipping #oceanfreight
Houthis reportedly launch first attack outside Red Sea region
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A.P. Moller - Maersk and Hapag-Lloyd AG’s new alliance has a goal of reaching a 90% schedule reliability. However, that could prove difficult. So states an analysis from Sea-Intelligence. ”Given recent trends in Maersk’s and Hapag-Lloyd’s schedule reliability, reaching 90% in time for the start of the new alliance in February 2025 appears to be an uphill battle,” the report states. #shippping #containershipping #oceanfreight #freight #logistics #collaboration #business
Maersk faces an "uphill battle" to deliver on pledge to customers
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MSC Mediterranean Shipping Company rejects political criticism of its deal with Hamburg to buy into the city’s largest port company. ”When it comes to the adequacy of the offer, it is important to note the following: The majority of HHLA Hamburger Hafen und Logistik AG free float shareholders considered the offer attractive(...),” MSC’s press department replies to ShippingWatch. #shipping #containershipping #freight #oceanfreight #ports #infrastructure #business #investing
MSC pushes back against fresh criticism of its port deal in Hamburg
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HMM has filed a lawsuit against Samsung Electronics America in a dispute over allegedly unpaid bills. So reveals a court document from a Los Angeles court. HMM is demanding Samsung’s New York and California offices pay the shipping company nearly USD 13m. According to HMM, Samsung has failed to pay bills for shipments and freight storage, among other things. #shipping #containershipping #freight #oceanfreight #law #business #finance
HMM files lawsuit against Samsung for unpaid bills
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The number of cases where several fuel suppliers have sold contaminated bunker oil to ships in major European ports is growing. Bunker testing company VPS is not the only one warning against problematic bunker oil in the major European ports of Amsterdam, Rotterdam and Antwerp. Maritec Pte Ltd, A member of CTI Group, has now followed suit with a warning issued on Friday, July 12. #shipping #oceanfreight #freight #business
Problems with bad bunker are growing in major European ports
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Federal Maritime Commission is seeking more data from A.P. Moller - Maersk and Hapag-Lloyd AG-Lloyd before making a decision on the two shipping companies’ upcoming alliance Gemini Cooperation. FMC is responsible for ensuring competition on ocean freight in the US. #shipping #containerfreight #freight #oceanfreight #logistics
US regulator demands more information from Maersk and Hapag-Lloyd
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Wrist Ship Supply, Saga Shipping and L&S Ship Supply expect the new EU sanctions to make life easier for maritime suppliers. The EU sanctions make it easier to service the many ships that anchor daily off the northern Danish city of Skagen, according to shipping companies Wrist Ship Supply, Saga Shipping and L&S Ship Supply. #shipping #oceanfreight #freight #sanctions #regulation #europe
Suppliers welcome "more specific" sanctions against shadow fleet
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Scan Global Logistics has signed a letter of intent to acquire the Brazilian company Blu Logistics Brasil. According to the announcement, the acquisition will give Scan Global good conditions to further expand its network in Latin America. This article is delivered by our sister media MobilityWatch. #shipping #logistics #business #investing #mergersandacquisitions
Scan Global acquires Brazilian logistics company
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