CMA CGM: Rate Restoration Initiative (RRI)
CMA CGM (America) LLC is announcing the following Rate Restoration Initiative (RRI) for cargo from West Mediterranean ports of load to USEC ports of discharge and all inland destinations reached via said ports effective March 18, 2026.
Shippingtelegraph: South Korean yard kicks off the year with containership pair order
South Korea’s HJ Shipbuilding & Construction (HJSC) has won a contract from an unnamed European shipowner to build two 10,100 teu container ships.
Shippingtelegraph: APM Terminals buys stake in Saudi Arabia’s Jeddah Islamic Port facility
The global container terminal operator APM Terminals, a subsidiary of Danish shipping giant A.P. Moller – Maersk (Maersk), and DP World have agreed a strategic partnership in the Southern Container Terminal at Jeddah Islamic Port.
Splash247: ZIM workers escalate strike action over Hapag-Lloyd takeover
Workers at Israel’s flag carrier ZIM Integrated Shipping Services have escalated strike action following news of its planned $4.2bn sale to Germany’s Hapag-Lloyd.
Splash247: Costamare locks in $940m with 12 forward charters
Greek container tonnage provider Costamare has locked in nearly $1bn in fresh contracted revenues after fixing 12 vessels on a forward basis for periods stretching up to eight years.
Seatrade Maritime: ZEPA launches battery-electric container handling standards, load tool
New tool and updates aim to support port decarbonisation through transition to battery-electric operations.