The board of Gram Car Carriers (GCC) have unanimously recommended to shareholders a takeover bid from MSC through its subsidiary SAS Shipping Agencies.

Potential labour disputes on the US East Coast later this year could cause more disruption for shippers already struggling with the aftermath of the collapse of the Francis Scott Key Bridge.

MSC and French freight forwarder Clasquin have agreed on the terms of an acquisition deal announced in December 2023 which will be completed by MSC subsidiary SAS Shipping Agencies Services Sàrl.

Dubai-headquartered DP World has inaugurated the latest in a string of more than 100 freight forwarding offices across the world.

Maersk could look at a potential acquisition of DB Schenker with greater synergies from such a deal than it believed would be the case in the past.

Danish shipping company Maersk slumped to a fourth quarter loss and forecasts at best to breakeven in 2024.

There is a risk of congestion post Chinese New Year as crises in the Red Sea and Panama converge, but insurers played down a potential flashpoint in the Taiwan Strait.