Video footage shows large vessel toppling the huge structures at Kocaeli port in Turkey
Containers
China-Mexico tradelane in the spotlight on the US campaign trail
Last year, Mexico overtook China as America’s top trade partner, according to data from the US Commerce Department. Just how much of Mexican exports to the world’s largest economy is backed by Chinese companies has become a source of great debate in this year of US presidential elections. Growth...
https://splash247.com/china-mexico-tradelane-in-the-spotlight-on-the-us-campaign-trail/
CMA CGM bids to take over France’s top rolling news channel
Rodolphe Saadé has moved to buy France’s top rolling news channel as the cash-rich liner executive bolsters his media empire. CMA CGM announced on Friday a EUR1.55bn deal to acquire Altice Media, France’s third largest private sector media group, which runs BFM TV as well as the radio station RMC. ...
https://splash247.com/cma-cgm-bids-to-take-over-frances-top-rolling-news-channel/
Yang Ming boxship takes out three cranes in Turkey
A 14,000 teu Yang Ming containership knocked out three giant quay cranes at a Turkish port on Saturday. One crane operator was seriously injured when the 368 m long YM Witness got its docking procedures badly wrong when calling at Evyap port with a pilot onboard. Several containers also fell from...
https://splash247.com/yang-ming-boxship-takes-out-three-cranes-in-turkey/
Wavelength podcast: Container rates to drop once Red Sea transits resume, and how to assess the impact of IMO carbon proposals
Zim and Hapag Lloyd results put freight rates under the spotlight, while Unctad talks about the impact of market-based proposals by the global shipping regulator
FBX Report: March 15, 2024
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Wavelength podcast: Container rates to drop once Red Sea transits resume, how to assess the impact of IMO carbon proposals
Zim and Hapag Lloyd results put freight rates under the spotlight, while Unctad talks about the impact of market-based proposals by the global shipping regulator
Houthis vow to extend attacks deeper into the Indian Ocean
Another ship has been damaged by the Houthis, who now claim to have hypersonic missiles in their armoury and will expand their target zone deeper into the Indian Ocean to try and prevent enemy vessels from passing via the Cape of Good Hope. To date, in their five-month campaign in solidarity with...
https://splash247.com/houthis-vow-to-extend-attacks-deeper-into-the-indian-ocean/
MPC Capital doubles stake in MPC Container Ships
MPC Capital has doubled its shareholding in boxship owner MPC Container Ships (MPCC). The Hamburg-based asset and investment manager said it had increased its stake in the Oslo-listed tonnage provider from around 7% to around 14%. The deal worth around $34m was carried out by boosting shareholding...
https://splash247.com/mpc-capital-doubles-stake-in-mpc-container-ships/
Shipping magnate to media mogul: Rodolphe Saade bids $1.68bn for France’s third-largest media group
Fresh from licking their wounds from failed Wincanton bid, the Saade family are buying Altice Media