Tag: containerships
-
Unraveling the Decline: A Deep Dive into Panama Canal Ship Transits and Global Trade Shifts
The State of Ship Transits Through the Panama Canal: A Comprehensive Analysis Introduction to Panama Canal Transits The Panama Canal, a pivotal maritime corridor, has witnessed a significant decline in ship transits despite the lifting of drought restrictions. This article delves into the current state of ship transits through the Panama Canal, highlighting the 10%…
-
CMA CGM’s $2.6 Billion Bet on LNG Dual-Fuel Containerships: A Giant Leap Towards Sustainable Shipping
CMA CGM’s Groundbreaking Order for LNG Dual-Fuel Containerships CMA CGM’s Order for LNG Dual-Fuel Containerships CMA CGM, the world’s third-largest container shipping company, has recently placed an order for a dozen liquefied natural gas (LNG) dual-fuel 18,000 TEU containerships. This significant order, valued at KRW 3.7 trillion (approximately $2.57 billion), marks a pivotal moment in…