CMA CGM is preparing to launch an electric inland barge on France’s Fos-Lyon corridor, with an annual potential of nearly 12,000 TEUs.The initiative aims to promote a regular, reliable, competitive and decarbonized logistics solution between the Port of Marseille-Fos, Lyon and the Rhône Valley, to accelerate a modal shift and relieve congestion on the A7 motorway.
IntroductionThe increase in geopolitical tensions in the Middle East recently resulted in Iran threatening to close the strategically vital Strait of Hormuz (the “Strait”) to international shipping. Inevitably, this led to considerable concern over the impact that the closure of the Strait (or attacks on vessels passing through the Strait) would have on the flow of goods and energy products
AS Tallink Grupp has published its unaudited financial results for the first quarter of the current financial year to the stock exchange. The net loss for the period amounted to USD$37.7 million (EUR 33.2 million).“The first quarter was undoubtedly challenging for the company. Consumer and business confidence remains low
Qatar Gas Transport Co is currently the top Gulf Cooperation Council (GCC) company in monetary terms, with a live and on-order fleet value of $11.9 billion, reports Rebecca Galanopoulos of Veson Nautical.Based on VesselsValue data, the fleet consists of 36 live LNG and LPG vessels with a further 30 on order.