SINGAPORE : After six consecutive quarters of falling profits, container lines rebounded in the first quarter 2024 with rate support from geopolitical disruption. Container line earnings have been
SINGAPORE : Given as much as 90% of international trade is transported across oceans, maritime safety is critical. Thirty years ago, the global shipping fleet lost around 200
LONDON : Indians are the most abandoned nationality of seafarers with 411 already recorded for this year to surpass last year’s 401, a UK-headquartered global union of transport
COPENHAGEN : Kotahi, New Zealand’s largest containerised freight manager and A.P. Moller – Maersk (Maersk), a global integrated logistics company, have signed a second long term freight agreement
HAIFA : ZIM announced its consolidated results for the three months ended March 31, 2024. First Quarter 2024 Highlights Eli Glickman, ZIM President & CEO, stated, “We are
TOKYO : Ocean Network Express (ONE) is pleased to announce the launch of a Social Cooperation Program, “Container Management Science” in collaboration with the School of Engineering at
BALTIMORE : Dali, the container ship which struck the Francis Scott Key Bridge in Baltimore causing its collapse, has been refloated and is being moved to a new
SINGAPORE : Singapore-based feeder vessel operator X-Press Feeders/Sea Consortium Pte Ltd has paid Tk 4.78 million (around US$41,000) as a fine for violating the Bangladesh Flag Vessels (Protection)
PANAMA CITY : The increase in water levels in the Panama Canal has sparked hopes of a potential return to normal operations for container shipping after over a
LONDON : Bernhard Schulte Shipmanagement has won the inaugural ‘Best HR Initiative’ award at Spinnaker Global’s Maritime People and Culture Conference for its comprehensive Diversity, Equity, and Inclusion (DEI)