James Bean to leave NorthStandard and join London P&I Club as CEO
LONDON : NorthStandard announces the departure of Mr. James Bean, a senior executive team member, following his decision to accept a role as Chief Executive Officer of The
Intermarine launches Intermarine Bulk Carriers and expands fleet by two vessels
NEW ORLEANS : Intermarine has thrived since its full integration into the SAL-Intermarine Group a year and a half ago. Specialized in liner services and project cargo, the
CMA CGM to strengthen and reshuffle its Africa lines – India Middle East Gulf services
MARSEILLE : CMA CGM announced the revamping of its India Middle East Gulf to and from South Africa, East Africa and Indian Ocean services. MIDAS 1: Coega will
Maersk says Red Sea disruption could cut Asia-Europe capacity by 20%
COPENHAGEN : Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20%
Cosco Shipping launches world’s first battery-electric container ship
SHANGHAI : Chinese shipping giant COSCO Shipping launched the world’s first 10,000-DWT pure electric container ships, which it developed and constructed at the Heavy Industry Shipyard at Yangzhou.
Xeneta Shipping Index (XSI®): Long term rates edge up globally as Red Sea conflict continues to cas
OSLO : Ocean freight container carriers are treading a fine line between risk and reward during new contract negotiations as the market remains gripped by uncertainty in the
Taylor Smith Shipyard announces cooperation agreement with Nouum Engineering
CAPE TOWN : South African Nouum Engineering, a leading provider of diesel engine services for marine, power, locomotive and generators globally and Mauritius-based ship repair and conversion yard
Houthis may strike more ships beyond Red Sea: Bad news for Indian exports?
NEW DELHI : In what could prove to be bad news for Indian exporters, Yemen’s Iranian-backed Houthis are extending their attacks on merchant shipping hundreds of miles out
Crew of MSC Aries released, claims Iran
TEHRAN : All the Indian sailors on board the Portuguese flagged vessel MSC Aries have been released, the Iranian Foreign Ministry announced on May 3. This information was shared by Iran’s
Pramod Raj appointed as Managing Director of KSA at WeFreight
DUBAI : In a significant move to bolster its leadership team, WeFreight has announced the appointment of Mr. Pramod Raj as the new Managing Director for its Kingdom