SINGAPORE : X-Press Feeders, the world’s largest independent common carrier, along with the Maritime and Port Authority of Singapore and PSA Singapore achieved a historic milestone towards sustainable
HAMBURG : German shipping heavyweight Hapag-Lloyd has held a christening ceremony for its new liquefied natural gas (LNG) dual-fuel 23,600 TEU containership ‘Damietta Express‘. As informed, the ceremony
TAIWAN : Yang Ming Marine Transport’s management said at the company’s shareholders’ meetingthat the company anticipates 2024 to become a rare fifth straight profitable year. In 1Q 2024,
DUBAI : DP World and Saudi Ports Authority (Mawani) have commenced construction of a new SAR900 million ($250 million) logistics park at Jeddah Islamic Port, set to provide
SHANGHAI : The global shipping industry is responsible for roughly 3% of all planet-overheating air pollution, as most container ships are massive vessels powered by burning dirty fuels. Now, the
WASHINGTON D.C. : Industry feedback on new cyber-security regulations for US flagged vessels is critical of the level of burden, the practicality of implementation, and lack of alignment
MANILLA : Nippon Yusen Kabushiki Kaisha (NYK) participated for the first time in the “Asia and the Pacific Transport Forum” hosted by the Asian Development Bank in Manila,
LONDON : IMO Member States call for an immediate end to ongoing attacks on ships and seafarers transiting through the Red Sea and Gulf of Aden. Member States
COPENHAGEN : A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak
KIEL (GERMANY) : The ongoing conflict in West Asia, particularly in the Red Sea region has severely impacted global shipping, causing a significant increase in sea freight costs