Baltic set for first weekly gain in five on strong capesize demand
LONDON : The Baltic Exchange’s main sea freight index marked its first weekly gain in five on Friday, helped by higher rates for capesize vessel segment. * The
PIL expands Intra Asia coverage with new China Chittagong Express (CCE)
SINGAPORE : Pacific International Lines (PIL) is pleased to introduce a new weekly direct service connecting key ports in China and Bangladesh. The new service, known as China
COSCO SHIPPING Lines secures TISAX Certification
SHANGHAI : COSCO SHIPPING Lines officially secured the TISAX (Trusted Information Security Assessment Exchange) certification, indicating that the company meets European Union (EU) automotive industry standards for information
Hapag-Lloyd raises rates from Asia to Latin America
HAMBURG : Hapag-Lloyd has announced a new General Rate Increase (GRI) from Asia to the West Coast of South America, Mexico, Central America and the Caribbean. This GRI
Speakers confirmed for TACC Climate Change Conference
DUBAI : Taking place on Thursday, 26th September 2024, at Saadiyat Rotana Resort and Villas, Saadiyat Island, Abu Dhabi, the TMS Transportation and Climate Change Conference (TACCC) is
US targets LPG ships in latest sanctions aimed at Houthis, Hezbollah
WASHINGTON D.C. : The US Department of the Treasury announced a fresh round of sanctions on companies, ships and one individual involved in trading Iranian oil and LPG
Final Line-Up announced for the Nautical Institute’s 2024 Annual Conference
SINGAPORE : The Nautical Institute (Singapore Branch) is pleased to announce the final speaker line-up and agenda for its 2024 Annual Conference, a cornerstone event at the Singapore Safety at
Asyad Line expands Far East Express service catering for trade growth and sustainability in Asia-GCC
MUSCAT : Asyad Line, part of Asyad Group, is expanding its reach in Asia with a significant enhancement of its Far East Express (FEX) service. Starting August 2024,
Hapag-Lloyd falls short of US$800 million profit in first half
HAMBURG : Hapag-Lloyd concluded the first half year of 2024 with a Group EBITDA of USD 2 billion (EUR 1.8 billion). The Group EBIT decreased to USD 0.9
Maersk launches third methanol-fueled vessel
COPENHAGEN : Antonia Mærsk, the third large dual-fuel vessel in the fleet capable of operating on green methanol, was officially unveiled on 9 August in Aarhus, Denmark. As
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