Freight News
Nearly 500 maritime and transportation industry executives gathered Wednesday evening at Chelsea Piers for the 32nd International Maritime Hall of Fame Awards hosted by the Maritime Association of the Port of New York and New Jersey.
The annual event recognized four maritime leaders for their contributions to the global shipping and transportation sectors, including leadership, operational excellence and innovation across the supply chain.
This year’s honorees included Robert P. Burke, CEO of ...
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GEODIS has reported several executive leadership appointments and organizational changes in the Americas as the global logistics provider seeks to strengthen customer experience capabilities and support continued regional growth.
The company said the changes include the formation of a dedicated client experience organization intended to improve ...
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CMA CGM has taken delivery of the CMA CGM Notre Dame, a 24,212-TEU liquefied natural gas-powered containership that the French carrier said is the largest vessel operating under the French flag, as the company continues a broader fleet modernization and decarbonization strategy.
The vessel, the first ...
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Jumbo Maritime has ordered a new series of heavy-lift vessels designed to support offshore wind, oil and gas, offshore construction and other project cargo sectors, as carriers continue investing in more specialized tonnage for complex industrial cargoes.
The Dutch heavy-lift operator said the new J1800 vessels ...
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Hapag-Lloyd reported a first-quarter loss as weaker freight rates, severe weather disruptions and the conflict in the Middle East weighed heavily on earnings, while the German carrier maintained a cautious outlook for the remainder of 2026.
The Hamburg-based carrier posted first-quarter revenue of US$4.9 billion, down ...
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CMA CGM reported lower first-quarter earnings as softer freight rates and ongoing geopolitical disruptions weighed on profitability, though the French shipping and logistics group pointed to resilient cargo volumes and growth in logistics and terminal operations as signs of continued operational stability.
The Marseille-based carrier posted ...
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Ship traffic through the Panama Canal has risen sharply this year as disruptions tied to the Iran war and reduced transits through the Strait of Hormuz redirect global energy flows, according to BIMCO.
Average daily canal transits increased 8 percent year-over-year to 38 vessels so far ...
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The United Kingdom will expand its Emissions Trading Scheme to domestic maritime shipping from July 1, bringing cargo and passenger vessels of 5,000 gross tons and above into the country’s carbon-pricing regime and prompting carriers to introduce new customer surcharges tied to compliance costs.
Under the ...
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Austrian cleantech startup REPS has secured US$23.6 million in equity financing to expand deployment of its Road Energy Production System, a technology designed to convert vehicle traffic into electrical energy.
The company said its patented system captures mechanical energy generated when vehicles brake or slow down ...
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The Port of Long Beach is offering a US$1 million incentive to the first oceangoing vessel to commercially bunker methanol at the Southern California gateway, marking one of the most aggressive efforts yet by a North American port to accelerate adoption of lower-carbon marine fuels.
Approved ...
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