Headline rates for shipping liquefied natural gas (LNG) in Pacific and Atlantic basins stand at around $140,000 to $150,000 a day for a 160,000 cubic meter LNG tri-fuel diesel electric (TFDE) vessel, brokers say.
CMA CGM and CEVA Logistics have signed a new partnership agreement that ensures CMA CGM's role as a long-term strategic partner and transfers its freight management services to CEVA Logistics.
MSC Cruises and Fincantieri announced the signing of a memorandum of agreement (MOA) for the construction of four ultra-luxury cruise ships for a total value in excess of EUR 2 billion.
The Canadian government has announced that BAE Type 26 design has been chosen for its $60 billion Surface Combatant project to replace the navy's aging fleet of frigates.
Japanese and Chinese logistics firms are paving the way for an alternative route to ship cargo from Japan to Europe faster than by sea by exploiting China’s “Belt and Road”
The world’s largest LNG bunker supply vessel has started its voyage from the HMD shipyard in South Korea to its primary area of operation in Northwest Europe, on 17 October.
The UK MAIB issued an investigation report on the allision of the UK-registered container ship 'CMA CGM Centaurus' with the quay that resulted in collapse of a shore crane and subsequent injury of 10 persons.
Japanese carrier Ocean Network Express (ONE) expects to book an unexpected $600 million loss in its first fiscal year due to "teething problems," rising fuel prices and staffing shortages.
