MARSEILLE : Global shipping major CMA CGM has announced an increase in its Freight All Kind (FAK) rates for shipments from Asia to Mediterranean destinations, effective from May 15 to May 31, 2026. As
ABU DHABI : The first liquefied natural gas shipment since the war in the Middle East began two months ago appears to have traversed the Strait of Hormuz to exit the Persian Gulf. The
LONDON : Pirates are suspected of having hijacked a cargo vessel off the coast of Somalia, officials and maritime security groups report. The reported hijacking on Monday was the second off Somalia in less
PANAMA CITY : The Panama Canal Authority, an autonomous agency that runs the major freight channel through Central America, on Tuesday said the U.S.-Iran war in the Middle East should cause more shipments to
SINGAPORE: Pacific International Lines (PIL) continues to strengthen our footprint in South Africa with the launch of the Ubuntu Express (UBX), a new weekly service providing a direct and extensive connection between Central and South China, Taiwan,
ULSAN (SOUTH KOREA): The Ulsan Port Authority (UPA) announced the successful completion of the world’s first ammonia bunkering operation for an ammonia dual-fuel gas carrier at Ulsan Port on April 23, 2026. This milestone
Leading maritime cyber solutions expert Cydome is advising shipmanagers with assets transiting high-risk waters that disabling a vessel’s Automatic Identification System (AIS) is creating a false sense of security, as the vessel’s location and
WERKENDAM (NETHERLAND): Concordia Damen has signed a newbuilding contract with an undisclosed Paraguayan client for a 41-metre Shallow Draft River Pusher, type CDS 4115. Delivery of the vessel is scheduled for 2027. The vessel
SWITZERLAND: Shipbroker IFCHOR GALBRAITHS (IG) on Tuesday (28th April) unveiled a new set of market intelligence services at Geneva Dry 2026, aimed at simplifying increasingly complex dry bulk and commodity markets. As interactions between
NEW DELHI : The Prime Minister, Shri Narendra Modi, on Monday hailed the India-New Zealand Free Trade Agreement (FTA) as a landmark moment in the partnership between the two countries. He said that the
