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Red Sea Return: What it means for 2026 Container Shipping Contract Rates

OSLO: The return of container shipping to the Red Sea is ramping up, but what does it mean for shippers negotiating new long term...

Asia-US container rates edge lower as pre-Lunar New Year demand bump fails to emerge

LONDON: Rates for shipping containers from east Asia and China to the US edged lower this week as a pre-Lunar New Year demand bump...

Int’l Maritime Organization chief says China’s influence in maritime sector will grow

LONDON : The International Maritime Organization (IMO) Secretary-General Arsenio Dominguez said on Friday that China is an active member of the organization and that...

Maersk appoints Charles van der Steene as RMD for Indian Subcontinent, Middle East & Africa

COPENHAGEN : A.P. Moller–Maersk, the global integrated logistics company, has announced the appointment of Charles van der Steene as its new Regional Managing Director...

OOCL unveils 2026 product line-up under OCEAN Alliance Day 10 Services

SINGAPORE : OOCL has announced its 2026 product line-up under the OCEAN Alliance Day 10 services, reinforcing its commitment to service reliability, sustainability, and...

CMA CGM takes delivery of its 400th owned vessel, CMA CGM MONTE CRISTO

MARSEILLE : The CMA CGM Group announces the arrival in its fleet of its 400th owned vessel, the CMA CGM MONTE CRISTO, the first...

Kongsberg Maritime formally on its way to becoming a stand-alone company

OSLO: At an extraordinary general meeting of Kongsberg Gruppen on Thursday afternoon, the separation of Kongsberg Maritime was formally approved by the shareholders. The...

Drewry: World Container Index down 10% last week

LONDON: Drewry’s World Container Index decreased 10% to $2,212 per 40ft container this week. Drewry's detailed assessment for Thursday, 22 Jan 2026 The Drewry World Container...

Maharashtra CM holds talks with Maersk CEO on Green Maritime infrastructure and Vadhavan Port development

DAVOS : Hon’ble Chief Minister of Maharashtra, Shri Devendra Fadnavis, held high-level discussions with Mr Vincent Clerc, Chief Executive Officer of global shipping major...

Nikos Kakalis appointed Managing Director of the Maritime Emissions Reduction Centre 

LONDON: The Maritime Emissions Reduction Centre (MERC) has appointed Nikos Kakalis as its new Managing Director.  Kakalis, who currently serves as Lloyd’s Register’s Global Bulk Carriers Segment Director, succeeds...
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