Daily Briefing September 10 2018
Has CMA CGM found its next acquisition target? | Saadé says pursuit of Hapag-Lloyd is ‘closed’ | Yard Talk: Chinese…
Daily Briefing September 10 2018 Read More »
September 2018
CMA CGM profit down 90% in second quarter
French liner giant’s financial performance hurt by a 40% surge in the cost of bunkers.
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Global Oil Demand to Peak in 2023
While DNV GL’s model predicts global oil demand to peak in 2023, demand for gas will continue to rise until 2034. New resources will be required long after these dates to continue replacing depleting reserves. DNV GL’s 2018 Energy Transition Outlook……
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CMA CGM Inaugurates Antoine de Saint Exupery
French shipping group CMA CGM inaugurated its new flagship vessel 20,600 TEU-containership CMA CGM Antoine De Saint Exupery in Le Havre, France.Two French ministers, Bruno Lemaire (Economy) and Elisabeth Borne (Transport) were present for the…
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Port of Long Beach Sees Cargo Dip
Container volumes at the Port of Long Beach were 1.9 percent lower in August compared to the same month the year before.A total of 679,543 twenty-foot equivalent units (TEUs) were moved through the Port. Imports declined 3.6 percent to 343,029 TEUs.
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