CMA CGM has said six 15,000 teu LNG-fuelled vessels under construction in China will be deployed on its transpacific Pearl River Express (PRX) between south China and Los Angeles.
The first vessel is expected to enter service in October, with …

DSV Panalpina announced yesterday to have secured a €500m bond issuance through its DSV Panalpina Finance B.V. arm.
It “successfully placed an aggregate principal amount of €500 million senior unsecured notes due 2031 under its updated EMTN -programme.
“The notes …

Denmark’s AP Møller-Mærsk Group (APMM) – which we argued at the end of 2020 had its finger on the M&A trigger – is now rumoured to be ready to deal, chiefly to boost its Less than Container Load (LCL) capabilities.…

SEEKING ALPHA writes:
– Long-term rates are rising sharply again, with the 10-year Treasury yield approaching 1.5% for the first time in more than a year.
– The 10-year yield is up 8 basis points to 1.47%, having hit an …

Containership charter rates have hit 13-year highs and shipowners are locking these in with carriers on three- and five-year charters.
Alphaliner says the supply of container tonnage “remains tight across the board” as unrelenting cargo demand and chronic port congestion …

Air freight rates may have fallen back slightly – but remain high, while demand is also strong.
New data reveals volumes only fell by half the normal amount over Chinese new year, and this ‘new normal’ is attracting cargo entrants.…

The pandemic continues to affect every part of the supply chain, and brings heightened risk of crime, according to a new report by the TT Club and BSI on cargo crime trends last year.
While cargo theft from freight vehicles …