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Think Tank
Ocean Transportation: Page 72
New Bid from GXO Steps Up Bidding War for U.K.'s Wincanton
The GXO bid complicates efforts by Ceva’s parent, container line CMA CGM, to expand its logistics reach.
Cargo Volumes in Red Sea Area Drop 21% Due to Attacks On Ships
BIMCO said that, so far in February, the number of ships transiting through the Gulf of Aden and the Suez Canal is 50% and 37% lower than last year respectively.
EU Commission Clears CMA CGM Acquisition of Bolloré Logistics
The approval is conditional upon full compliance with the commitments to divest some sea freight forwarding operations in Martinique, Guadeloupe, and French Guiana.
Advances in Thin Film Printed Electronics Enable Active Tracking and Automated Visibility
Thin film electronics is a rapidly evolving technology that has the potential to revolutionize supply chains and shipping as well as other industries.
Shortage of Oil Tankers at Hand as Red Sea Attacks Divert Trade
Oil deliveries have generally become more long-distance since a reshuffling of global oil flows following Russia’s invasion of Ukraine.
Majority of U.K. Retailers Suffering From Red Sea Disruption
The supply chain problems are expected to be exacerbated next month as China begins shipping again in earnest after its annual pause for the two weeks of lunar new year celebrations.
Shipping Giant CMA CGM Posts a Loss as Red Sea Conflict Rages
Surging profits over the previous two years filled the coffers of the Saades and rival European shipping tycoons.
FMC Rules in Favor of ATA Conference’s Stance Against OCEMA
In March 2023, an FMC judge ruled in favor of charges filed against OCEMA and 11 international ocean carriers claiming they violated the Shipping Act of 1984.
Bulk Carrier Banned from Australian Ports After Being Abandoned for Months
The Liberian-flagged KMAX Leader bulk carrier is being towed back to the Philippines after arriving at the Port of Gladstone in October 2023 and remaining there for five months.
Biden Seeks to Bolster Port Cybersecurity with Executive Order
The order will give the Coast Guard authority to respond to malicious cyberactivity, require maritime vessels to bolster their cybersecurity and impose new rules on reporting cyber incidents at ports.
Chemship Commissions Wind-Propelled Chemical Tanker
Technology installed on wind-powered
Chemical Challenger
targets 15% CO2 savings on Transatlantic route.
ONE Increases Transpacific Service with Asia Pacific 1 Service
The inaugural sailing for AP1 service is expected to commence in late Spring, around April or May, with specific details to be announced soon.
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