SPANISH unions are organising port strikes from May 24 - June 9, during odd hours on Mondays, Wednesdays and Fridays, reports Lloyd's List. Unions are protesting Madrid's planned reforms of the existing closed shop hiring system in compliance with E...

World's richest people enjoyed a fruitful 2016 but leading maritime figures saw their net worth fall, Bloomberg data shows. Shipping’s richest people missed the boat this year as the world’s billionaires saw their wealth shoot up. Bloomberg’s Bi...

DANISH shipping giant Maersk Line and Mediterranean Shipping Company (MSC) will enter a three-year "strategic cooperation" agreement with Hyundai Merchant Marine (HMM), but the Korean carrier will not be joining the 2M Alliance.   The cooperat...

FRENCH shipping group CMA CGM and Algerian national shipping company CNAN NORD Spa have inked a cooperation agreement to develop shipping transportation in Algeria.   The agreement focuses on three core areas: operational cooperation for a com...

THE  Korean government has been accused of bungling the collapse of Hanjin Shipping and should have closed down Hyundai Merchant Marine (HMM) instead, argued Tan Hua Joo, an analyst at Alphaliner, at the 2-day Sixth Asian Logistics and Maritime ...

French shipping major CMA CGM reported a net loss of USD 202 million in the third quarter of 2016, while its revenue for the quarter fell by 16.3 percent to USD 3.33 billion, excluding NOL contribution. The company said that, including NOL contrib...

PORT of Singapore (PSA) has urged cargo owners, consignees, shippers and/or freight forwarders to contact them by November 28 to claim Hanjin Shipping's containers and/or the cargoes inside remaining at its terminals and storage yards.   If an...