CMA CGM to update its IEX 2 service
MARSEILLE : CMA CGM is pleased to announce that the India East Coast Express (IEX 2) connecting Asia to South East India and Sri Lanka, will begin its
Hapag-Lloyd announces updates on India Ocean Service
HAMBURG : Hapag-Lloyd has decided to change the port rotation of its Indian Ocean Service (IOS). The Hamburg-based ocean carrier’s service will now have the following port rotation:
Spot rate growth slows but ocean container shipping market will remain extremely challenging
OSLO : Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The latest data from
Oil spill in Singapore after Van Oord dredger hits bunker tanker Marine Honour
SINGAPORE : Singapore’s Port Authorities are racing to clear up a serious oil slick after a Van Oord dredger hit a bunker tanker near Pasir Panjang Container Terminal
ClassNK releases ‘FAQs on the FuelEU Maritime (2nd Edition)’
TOKYO : ClassNK has released ‘FAQs on the FuelEU Maritime (2nd Edition)’. FuelEU Maritime, an EU regulation aimed at promoting the decarbonization of fuels used on board ships,
Ocean freight rates in rough waters on congestion, Red Sea crisis
LONDON : Indian traders are reeling under the impact of rising ocean freight rates, triggered by the Red Sea crisis and congestion at several key ports in the
Zero Emission Port Alliance (ZEPA) onboards leading organisations in container port industry
ROTTERDAM : The Zero Emission Port Alliance (ZEPA) announces the onboarding of 11 organizations from the container port industry. Among the members are APM Terminals, CATL, DP World,
Dry Bulk Market move higher last week, but Capesizes lost ground
LONDON : Dry Bulk Market move higher last week, but Capesizes lost ground, according to latest report released by Baltic Exchange. Capesize The Capesize’s had a slow start
Bridging East & West, Russia’s Buddy Kazakhstan key player to boost Global Trade via ‘Middl
The European Union and Kazakhstan have been partners since the implosion of the Soviet Union in 1991. The two sides signed an Enhancement Partnership and Cooperation Agreement (EPCA)
US Naval forces rescue crew from Greek-owned ship struck by Houthis in Red Sea
WASHINGTON D.C. : The U.S. Naval Forces Central Command (NAVCENT) said on Sunday that it had rescued the crew from the Liberian-flagged, Greek-owned bulk carrier MV Tutor that
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