April 24, 2026
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EU tanker import tonne mile demand up 12% as ships avoid Red Sea area : BIMCO

April 13, 2024 Tanker, Import, International Shipping, Maritime, Shipping Line, Trending News
LONDON : “In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing distances for EU tanker imports. Now, attacks on

US container imports remain stable, with several potential global challenges to be seen

April 12, 2024 Import, COMMERCE, Foreign Ports, Global Trade, International Shipping, Logistics, Trending News
NEW YORK : In March, US container import volumes saw marginal growth compared to February, edging up by only 0.4% to reach 2,145,341 TEUs. However, TEU volumes experienced a significant increase of 15.7%, compared

Port of Klaipeda makes history with inaugural ship-to-ship LNG bunkering operation

April 12, 2024 International Shipping, Foreign Ports, LNG, Trending News
LITHUANIA : The Port of Klaipeda achieved a historic milestone with the successful completion of its first ship-to-ship LNG bunkering operation. On 9 April, the LNG tanker “Avenir Aspiration” transferred 326 m³ of liquefied

Maersk enhances ME2 service, expanding operations to North Europe

April 11, 2024 Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
COPENHAGEN : Maersk has unveiled upgrades to its ME2 service, extending its operations to North Europe. The ME2 service, formerly turning in the Mediterranean (Algeciras and Tangiers), is undergoing expansion. This revamped service will

Hapag-Lloyd announces reefer surcharge from India to Arabian Gulf

April 11, 2024 Export - Import, Logistics, Shipping Line, Trade, Trending News
HAMBURG : German ocean carrier Hapag-Lloyd has announced the implementation of a Peak Season Surcharge (PSS) for shipments from India to Arabian Gulf Ports. The surcharge will apply to all sailings starting from 20

CONCOR to gain from dedicated freight corridor, says MOSL

April 10, 2024 Container, Export - Import, ICD, Logistics, Railway, Trade, Trending News
NEW DELHI : Container Corporation of India Ltd. (CONCOR) will be a key beneficiary of the Dedicated Freight Corridor (DFC), which is likely to result in volume growth driven by a modal shift and enhanced operating

Maersk resumes Panama Canal transit service as rainy season approaches

April 10, 2024 International Shipping, Export - Import, Logistics, Shipping Line, Trade, Trending News
COPENHAGEN : AP Moller-Maersk will resume Panama Canal transits on an east-west service that was suspended because of low water levels. Panama Canal increases transits again as Red Sea still in crisis. It will

DGTR recommends anti-dumping duty on sodium cyanide imports

April 10, 2024 Trending News, Import, Trade
NEW DELHI : The Directorate General of Trade Remedies (DGTR) has recommended imposition of anti-dumping duty on Sodium Cyanide (NaCN) imported from China, European Union (EU), Japan and Korea. The DGTR initiated and conducted

MSAMB targets to export 5,000 tonnes of mangoes to US & Europe

April 10, 2024 EXPORT, Trade, Trending News
MUMBAI : The Maharashtra State Agricultural Marketing Board (MSAMB) has set a target of processing and exporting 5,000 tonnes of mangoes from its facilities this season. Sanjay Kadam, Managing Director of the Board, said

CMA CGM updates FAK rates from Asia to North Europe

April 10, 2024 International Shipping, Export - Import, Logistics, Shipping Line, Trade, Trending News
MARSEILLE : French container carrier CMA CGM has unveiled updated Freight All Kinds (FAK) rates, effective from 15 April (loading date), until further notice from Asia to North Europe. 20’GP 40’GP/40’HC/40’REEFER Asia to North
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