CEVA Logistics, the logistics arm of French liner giant CMA CGM, has introduced wind-powered shipping services as part of its FORPLANET low-carbon logistics offering.

Frankfurt-listed Ernst Russ is expanding its presence in the multipurpose segment with the acquisition of two modern heavylift vessels fixed on long-term charters.

United Arab Emirates-headquartered port and logistic operator DP World has strengthened its trade links between India and the Middle East with the acquisition of a container vessel.

Hapag-Lloyd AG’s supervisory board has elected Karl Gernandt as chairman with immediate effect, replacing Michael Behrendt.

In accordance with the assessment of Drewry Supply Chain Advisors, the container rates this week continued the slight decreasing tendency. As it is mentioned, their composite World Container Index decreased by 1% to 1,899 per 40-foot container.

Thai officials are sounding the alarm and calling the latest developments “worrying” as reports grow of oil leaking from the wreck of the cargo ship Sealloyd Arc reaching Thailand’s beaches.