CMA Shipping

🚢 In the news: European and Latin American imports into the US would be left stranded if the threat of East Coast port dockworker strike from 1 October becomes a reality, warns HSBC Global Research. If a strike goes ahead the picture would be bleaker for European and Latin American imports into the US than their Asian counterparts. “In case of a shutdown of EC and GC (Gulf Coast) ports, there would at least be some recourse to WC ports for Asian cargoes, but this would still place significant strains on the port side and landside cargo evacuation infrastructure,” the report said. 📰 Read the full story on Seatrade Maritime News: https://lnkd.in/e4hueBKQ #CMAShipping #Trade #Port

🚢 In the news: “Everybody doing business with the US should feel concerned,” said Xeneta Chief Analyst Peter Sand following Tuesday’s election debate between Donald Trump and Kamala Harris. The recent U.S. presidential debate left container shippers on edge, as the industry continues to face mounting pressures from economic uncertainty and global supply chain issues. Despite discussions on trade policies, key concerns such as inflation, regulatory changes, and port congestion were not fully addressed, leaving shippers with little reassurance about the future. With many awaiting clearer policy directions, the industry remains cautious about what lies ahead. 📰 Read the full story on Seatrade Maritime News: https://lnkd.in/ex6uhT_E #CMAShipping #Trade #Container

🚢 In the news: As the Panama Canal continues to recover from a severe drought last year that limited transits it is raising the maximum draught for the largest vessels to transit the waterway. The Panama Canal Authority announced on 5 August it is raising to 14.94 metres (49 ft) the maximum authorised draught allowed for vessels transiting the key global waterway's Neo-Panamax locks. In a brief statement, the authority said the change was made due to "the present and projected level of Gatun Lake for the upcoming weeks." 📰 Read the full story on Seatrade Maritime News: https://lnkd.in/gF2wxxFp #CMAShippig #Trade #Panama

🌟 Sponsor Spotlight: DNV - Maritime 🌟 We're thrilled to welcome DNV - Maritime back as a Platinum Sponsor for CMA Shipping 2025! As we gear up to celebrate the 40th anniversary of CMA Shipping, the support from our sponsors like DNV - Maritime is invaluable. Their support is instrumental in bringing together industry leaders and innovators for this landmark event. 🙌 Stay tuned for more updates as we prepare for an unforgettable event. Big things are on the horizon! 🚀 #CMAShipping #Maritime #Shipping

🚢 In the news: Inmarsat Maritime Unveils NexusWave to Boost Maritime Connectivity Inmarsat, with its acquisition by Viasat Maritime done and dusted, launches NexusWave, integrating multiple networks, including OneWeb's LEO services, to enhance maritime communication. Inmarsat Maritime President Ben Palmer OBE said NexusWave will offer: 💬 “Really sophisticated network bonding capabilities that will provide a seamless, optimised service for people. They won't have to worry about the innards of which network they're on at any time. Customers want to know that they can get what they need, and that's what the service will deliver." 📰 Read the full story on Seatrade Maritime News: https://lnkd.in/eJUvJy_z #CMAShippig #Maritime #Technology

🚢 In the news: Shipowner demand for wind assisted propulsion is increasing as systems prove their worth and emissions regulation boosts their commercial impact. Increasing numbers of orders for wind assisted propulsion demonstrate a growing confidence in the technologies at a time regulation is increasing the commercial benefits of systems, bound4blue COO & Co-founder Cristina Aleixendri Muñoz told Seatrade Maritime News. 💬 “Owners used to send their oldest ships for preliminary analysis for sails, maybe due to CII, maybe due to perceived risk. Now they want them on their new ships, even good, CII-compliant ones.” 📰 Read the full story on Seatrade Maritime News: https://lnkd.in/eFw4EJQq #CMAShippig #Sustainability #Maritime

🚢 In the news: CMA Shipping has been featured in a recent article highlighting Stamford, CT as a leading international maritime shipping management hub. The article underscores Stamford's pivotal role in the global maritime industry, with key insights from industry leaders - and CMA Shipping royalty - like Jim Lawrence, Chairman of Marine Money, and Lorraine Parsons, Education Chair of the CMA Education Foundation. 💬 Jim Lawrence highlights Stamford's unparalleled influence in shipping management: "Connecticut is still the largest home of the mind and management for international shipping in the United States." 💬 Lorraine Parsons points to the global scale of the #CMAShipping event: "The trade show, the conference is a very international place. It transcends Connecticut in a big, big way." 🌟 We’re proud to be part of such a dynamic and influential community! 📰 Read the full story on Hartford Business Journal: https://lnkd.in/dQS6ZRab #CMAShipping #Stamford #Maritime

🚢 In the news: Danish oil and shipping group Monjasa has bolstered its fleet in West Africa to meet higher marine fuel demand and from the offshore industry. Following this double tanker acquisition, Monjasa now controls more owned than chartered tonnage for the first time with 16 owned and 15 time-charter vessels. 📰 Read the full story on Seatrade Maritime News: https://lnkd.in/gcCciWHT #CMAShipping #Maritime

🚢 In the news: A Panama Supreme Court ruling will allow construction of a new reservoir to increase water availability at the Panama Canal. The project for the new reservoir would likely take six years to build, according to Panama Canal Authority (ACP) Administrator Ricaurte (Catin) Vasquez. The future $1.6 billion reservoir along the Indio River will provide water security in the years ahead to maintain a minimum of 36 transits a day to a maximum of 40 transits a day. 📰 Read the full story on Seatrade Maritime News: https://lnkd.in/dHjiZzRv #CMAShipping #Panama #Container

🚢 In the news: The ports of Houston, Corpus Christi, Galveston, Freeport and Texas will all be closed on Monday due to the potential impact of Hurricane Beryl. The Texas ports, which include the largest energy terminals in the US, said they would be closed on Monday 8 July as the U.S. Coast Guard set port condition Zulu. The National Hurricane Centre advised that Tropical Storm Beryl was expected to make landfall as a hurricane along the mid-Texas coast early on Monday warning of a dangerous storm surge, flash flooding, and strong winds. 📰 Read the full story on Seatrade Maritime News: https://lnkd.in/eMZUVwpc #CMAShipping #Maritime #Ports