Amazon’s New Status as an Ocean Freight Forwarder
January 15, 2016
Amazon.com Inc's China arm has registered as an ocean freight forwarder, according to the U.S. Federal Maritime Commission, a move that will give it more control over shipping products from Chinese factories to U.S. shoppers.
G6 Set For Shake-Up As CMA CGM Acquires NOL
December 7, 2015
French container line CMA CGM has offered to acquire Singapore-based Neptune Orient Lines for S$3.4bn ($2.4bn) in cash, enhancing its position on strategic trades such as the US, intra-Asia and Japan, and forming a larger entity that will own the world’s third-largest container shipping fleet.
CMA CGM Confirms “Exclusive Talks” with NOL
November 23, 2015
CMA CGM has confirmed it is in “exclusive” talks with Neptune Orient Lines’ (NOL) largest shareholder, Temask, for the purchase of its APL container liner business.
France’s CMA CGM Tipped as Favorite in Neptune Orient Lines Bid
November 17, 2015
Shipper Neptune Orient Lines was trading 6.6% higher at $1.135 a share, outperforming the broader index's 0.8% gain, following news overnight that CMA CGM SA, the French container transportation and shipping company, is emerging as an early favorite to buy the company.
Maersk and CMA CGM in Talks to Buy NOL
November 11, 2015
Maersk and CMA CGM are in separate talks over potentially buying Neptune Orient Lines (NOL), the Singapore-based container group has confirmed.
World’s Commercial Shipping Fleet Grew at Lowest Rate in 10 Years in 2014
October 18, 2015
Oversupply in the container shipping sector remains, Review of Maritime Transport 2015 report says.
Review of Maritime Transport 2015
October 17, 2015
The Review of Maritime Transport highlights some issues that are at the interface of maritime transport and sustainability and underscore the role of maritime transport in helping implement a workable international sustainable development agenda.
