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CMA CGM Acquires Majority Stake in South America’s Largest Container Termina

​ French shipping giant CMA CGM has solidified its presence in South America by acquiring a controlling 51% stake in Santos Brasil Participações S/A, the operator of Tecon Santos—the largest container terminal in the region. The deal, finalized on April 24, 2025, involved the purchase of approximately 47.9% of shares from Opportunity Funds, complemented by

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Ukraine Arrests Russian Ship Smuggling 5,000 Tons of Stolen Grain from Crimea

Ukrainian authorities have detained a cargo ship accused of smuggling approximately 5,000 tons of stolen grain from the Russian-occupied region of Crimea. The vessel, reportedly operating under a foreign flag to disguise its origin, was intercepted by Ukraine’s Security Service (SBU) with assistance from the Navy and border guards in the Black Sea. According to

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USS Nimitz Carrier Strike Group Conducts Operations in the Philippine Sea Following Guam Visit​

The USS Nimitz Carrier Strike Group (NIMCSG), led by the aircraft carrier USS Nimitz (CVN 68), is currently operating in the Philippine Sea after completing a scheduled port visit to Guam. This deployment underscores the U.S. Navy’s commitment to maintaining a free and open Indo-Pacific region. ​ The strike group is engaged in day and

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Houston Ship Channel Temporarily Closed Due to Butadiene Gas Leak from Barge

​ A significant gas leak from a barge docked at the Targa Resources facility in Galena Park, Texas, led to the temporary closure of the Houston Ship Channel. The incident occurred around 4:00 p.m. local time when a valve malfunction on a barge owned by Kirby Inland Marine resulted in the release of butadiene gas—a

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Houston Ship Channel Temporarily Closed Due to Butadiene Gas Leak from Barge​

On Tuesday, April 22, 2025, a significant gas leak from a barge docked at the Targa Resources facility in Galena Park, Texas, led to the temporary closure of the Houston Ship Channel. The incident occurred around 4:00 p.m. local time when a valve malfunction on a barge owned by Kirby Inland Marine resulted in the

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Port of Antwerp-Bruges Surpasses Rotterdam in Container Throughput for Q1 2025

In a significant development, the Port of Antwerp-Bruges has overtaken the Port of Rotterdam in container throughput for the first time in a single quarter. During the first quarter of 2025, Antwerp-Bruges handled 3.44 million twenty-foot equivalent units (TEUs), edging past Rotterdam’s 3.36 million TEUs. This achievement marks a notable shift in the competitive dynamics

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