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...to the continent’s biggest seaports handling tens of millions of containers each year....
...The chosen heir as the elder of two sons, Saadé rose through the ranks of the group and still grills top executives on everything from container pricing to the fill rates of ships in hours-long meetings...
...CMA CGM has also invested hugely in new areas such as air cargo and on more environmentally friendly ships....
...The large, sheer sides of these container ships can also make them more vulnerable to high winds....
...The Marseille-based transport group, the world’s third biggest container shipping company, will also give up its seat on the board of Air France-KLM....
...Maersk and Hapag-Lloyd’s agreement this year to shift cargo to Shenzhen’s Yantian port instead of Hong Kong underlines the trend, according to analysts....
...from China to Poland were 14,532 twenty-foot equivalent units (TEUs) of containers in January....
...The ship, which was carrying a cargo of steel products and trucks from the Chinese port of Lianyungang to Jeddah in Saudi Arabia and Aqaba in Jordan, was flying the flag of Barbados....
...The Clarksons research found that, on January 9, there were 364 container ships, with a capacity of 4.2mn 20-foot containers (TEUs), operating on routes diverted via the Cape of Good Hope....
...Container shipowners increasingly abandoned one of the world’s busiest trading routes on Tuesday, with many of the world’s largest cargo vessels diverting to avoid the Red Sea amid mounting attacks from...
...Vice-admiral Peter Gautier, the deputy commandant for operations for the Coast Guard, said that the Dali — which has 4,700 cargo containers on board — was “stable”, but that underwater inspections of its...
...They had a test run of the Suez Canal being blocked when the Ever Given container ship got stuck there for a week in 2021....
...to $3,100 per standard 40-foot container from $1,400, according to Xeneta....
...Car-carrier companies operate a total of 776 ships for cars, trucks and other roll-on, roll-off cargo such as agricultural machinery....
...The ships, part of a fleet of 20 US-flagged vessels carrying almost exclusively US government cargo, were accompanied by the USS Gravely....
...Rates for 40ft containers to Northern Europe from China have risen from $1,148 at the end of November last year to about $4,000 today....
...Container lines, which handle movements of manufactured goods and components, mostly offer one service a week on their most popular routes....
...“As a result of the impact, the vessel suffered limited damage to a cargo hold but is stable and is heading out of the area,” the company said....
...“If they want to move their cargo, they will have to accept a significant increase in their carbon emissions,” the company wrote in a note....
...The money to be ploughed into the port infrastructure would support Paceco Corp, a US subsidiary of the Japanese company Mitsui, to produce domestic cargo cranes, the White House said on Wednesday....
...Such cargo can travel either on specialist freighter aircraft or in the holds of passenger aeroplanes....
...The US Coast Guard said on Tuesday evening that six construction workers who went missing after a container ship destroyed part of a Baltimore bridge are now believed to be dead....
...Arrivals of container ships have fallen 90 per cent since early December, according to Clarksons....
...Kubrakov said the Joseph Shulte was carrying over 30,000 tons of cargo, including foodstuffs. Ukraine’s infrastructure ministry did not respond to questions as to whether a new deal had been reached....
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