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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Ocean carriers MOL, NYK and “K” Line all reported losses in their container segments and lower revenues year-over-year for the first fiscal quarter, which ended June 30.
The logistics provider has begun introducing vertical-specific carve-outs of its visibility and transportation technology suites, with new tracking and dashboard tools for retailers.
Meanwhile, the A.P. Møller - Maersk conglomerate, which includes both Maersk Line and APM Terminals, reported second quarter profits of $118 million, 89 percent below the $1.09 billion in the second quarter of 2015.