Klaus-Michael Kuehne, Hapag-Lloyd's Largest Shareholder, Dies at 89
Klaus-Michael Kuehne, honorary chairman of Kuehne+Nagel and holder of 30 percent of Hapag-Lloyd, has died aged 89 at his home in Schindellegi, Switzerland.
AD Ports Profit Jumps As Fleet Doubles And Hormuz Reshapes Its Cargo
AD Ports Group almost doubled second-quarter net profit as its shipping arm expanded sharply and disruption in the Gulf pushed cargo onto alternative routes.
CMA CGM to acquire FedEx Supply Chain for $1.4 billion in US logistics push
CMA CGM has agreed to buy FedEx Supply Chain for $1.4 billion, significantly expanding its CEVA Logistics subsidiary's presence across North America.
A 'super El Niño' threatens to disrupt the cargo sector
Forecasters warn a potentially historic El Niño could disrupt global supply chains across shipping, air cargo and manufacturing.
Panama Canal trims daily booking slots over water worries
The Panama Canal is reducing daily booking slots amid concern that a dry spell could squeeze water supplies.
Vietnamese-built containers win orders from global shipping lines
Containers built in Vietnam are increasingly winning orders from global shipping lines and leasing companies.
Bordelon Marine to provide commercial support vessel for US Coast Guard
The US Coast Guard has awarded Bordelon Marine a contract for a commercial support vessel to deliver supplies and personnel to cutters operating in the Caribbean, the Gulf and other areas under its HSC-Ocean initiative.
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