CMA CGM has penned letters of intent to establish a new joint venture with Ethiopian company MACCFA and to manage Ethiopia’s Modjo Dry Port.
With a renewed eye on the Middle East and Africa, Hapag-Lloyd has announced that it is continuing to focus on the growing market in East Africa, with the recent launch of new dedicated services as well as forays into the intermodal market.
Gulf of Aden and Somali pirate attacks in the Indian Ocean evaporated in 2015, International Maritime Bureau (IMB) findings indicate, with the majority of the 246 recorded attacks instead taking place in Asia.
UK ministers for Shipping and the Armed Forces published its first National Strategy for Maritime Security (NSMS) at the UK Chamber of Shipping yesterday.
Private maritime security firm (PMSC) Drum Cussac has reported a 16% increase in business in the second half of 2013, versus the same period in 2012.
Following the launch of the “Rhino Express” service to Mozambique, CMA CGM has launched a new direct service, “Noura Express” between the Middle East and Somalia.