Amidst shifts seen in the sector over the past year, members of the OCEAN Alliance, CMA CGM, COSCO Shipping, Evergreen and OOCL have decided to extend their operational cooperation. Under a new memorandum of understanding,...Read more
The Suez Canal achieved a record turnover of $7 billion (some 6.7 billion euros) in the last financial year. The increase in turnover followed increases in the rates for the use of this important Egyptian...Read more