French shipping and logistics company CMA CGM said on Thursday that its ship “Benjamin Franklin” had lost 44 containers in difficult weather conditions off the coast of South Africa on Tuesday. “No injury to the crew has been reported, no …
Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea to show their support for Palestinian Islamist group Hamas fighting Israel in Gaza. The attacks, targeting a route that allows East-West trade, especially of oil, …
CMA CGM, the world’s fourth-largest container shipping group, said it has restored its online business services after a cyber attack last month paralyzed activity. France-based CMA CGM first reported the incident on Sept 28, saying it had shut down access …
An alliance of the world’s top three container shipping firms, which could control more than a third of the market, is likely to start operating in mid-2014, No.1 player Maersk Line said after the tie-up was approved by U.S. regulators. …
