Shippers welcome new ocean capacity, but it won't stop price increases
In the absence of carrier-led price hikes, container spot rates largely flattened on the transpacific ...
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By Alex Lennane
The CMA CGM Group is pleased to announce that during the CMA CGM KERGUELEN first call at the Port Klang Port Terminal in Malaysia, the terminal set up a unique arrangement for the vessel: no less than 12 cranes were simultaneously used to match the vessel’s exceptional length (398 meters) and capacity (17,722 TEU), setting a new record for one of the Group’s vessels.
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