Ocean carrier CMA CGM of France announced new Freight All Kinds tariffs on multiple trades.
The South Korean ocean carrier has reached a deal with containership charterers and other creditors, according to Korean media outlets.
The liquefied national gas (LNG) terminal has been expanded to include a third berth for small LNG vessels, which will enable distribution to LNG terminals in other ports in the North Sea and Baltic where large LNG tankers are prohibited to transit.
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Louise Muenter, head of media and stakeholder relations at A.P. Moeller-Maersk, said a corporate restructuring is a possibility following a report the Danish shipping conglomerate could be split into separate transportation and energy companies.
William E. (Bill) Woodhour became president of Maersk Line, Ltd. (MLL) July 1 and will eventually become chief executive officer of the company, taking over from Russ Bruner, who has been president and CEO of MLL since 2014.
Ocean carrier MSC has started investing in TRAXENS, a French start-up that produces technology for ocean container tracking.