Fishing activity covers at least 55 percent of the world’s oceans, four times the land area covered by agriculture, and it can now be monitored, in near real time, to the level of individual vessels. Using satellite tracking, machine learning…
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French line CMA CGM is taking over the operation of a reefer container service agreed with Dutch owner Seatrade in the summer. Seatrade said the vessel-sharing agreement (VSA) had been restructured and would not “proceed in its intended form.” “Seatrade has…
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REVENUES at Maersk’s Transport and Logistics division rose 14% in the third quarter on the back of improved freight rates, taking the group’s container division to a profit of $290m. Group revenue increased by $973m to $8bn with a $771m…
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