India sets sights on entering Global Container Shipping Market
NEW DELHI : India is making its first foray into the international container shipping market by engaging top consultants to conduct research and draft a strategic plan. This move marks a potential shift in
Drewry’s World Container Index remains stable last Week
LONDON : Drewry’s World Container Index remained stable at $3,440 per 40ft container last week. Drewry’s detailed assessment for Thursday, 14 November 2024
ONE Europe unveils advanced flat rack solution for special cargo, strengthening regional freight capabilities
SINGAPORE : Ocean Network Express (ONE) EAU is experiencing high interest and growing bookings for its new Flat Rack container solution. Launched in 2023, this solution is designed to revolutionise specialist cargo transport with
Trump’s Re-Election is set to reshape U.S. Container Trade dynamics
NEW YORK : With Donald Trump’s return to the White House anticipated, the U.S. container trading industry faces a new landscape of both opportunity and complexity. As his administration seems almost certain, policy shifts
DNV Grants Approval in Principle to HD Hyundai Heavy Industries for Ammonia DF large container vessel
SEOUL : DNV has awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for its 15K ammonia fuelled container vessel design. This milestone follows the successful completion of a joint
Hapag-Lloyd orders 24 new container ships
HAMBURG : Hapag-Lloyd has signed two contracts with two Chinese shipyards for a total of 24 new container ships. Of these, 12 newbuildings – each with a capacity of 16,800 TEU – will be
Container ship deliveries hit new record of 2.5 million TEU : BIMCO
LONDON : Just ten months into 2024, shipyards’ deliveries of container ships have reached a new annual record. A total of 410 ships with a capacity of 2.5m TEU have been delivered, surpassing the
Drewry launches new intra-Asia online service
LONDON : Drewry’s new online Intra-Asia Container Market Insight service confirms that growth in the intra-Asia container shipping market, which over the last five years (2019-2023) registered a compound average growth rate (CAGR) of