Baltic sea index down as weak demand takes toll on vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday as lack of demand took a toll on rates for most of the vessel segments. ..

Reuters | March 30, 2015 | Liner Shipping

CMA CGM to add 3 giant ships to pursue scale push

France’s CMA CGM, the world’s third-largest container shipper, announced on Monday plans to order three giant vessels and said higher volumes and profit last year showed its focus on economies of scale was bearing fruit. ..

Reuters | March 30, 2015 | Liner Shipping

Panama Canal sets sights on new $17 billion expansion project

As it enters the final stretch of a massive expansion, the Panama Canal Authority is setting its sights on an even more ambitious project worth up to $17 billion that would allow it to handle the world's biggest ships...

Reuters | March 26, 2015 | Liner Shipping | Ports & Terminals

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