MSC reshuffles its Asia-Oceania Network
GENEVA : MSC is announcing the reshuffle of its Asia-Oceania Network aiming at offering customers operating businesses in China, Southeast Asia and Oceania, fast and reliable services to
Ocean Network Express upgrades East Asian service
SINGAPORE : Ocean Network Express (ONE) has announced an upgrade to its Korea-Vietnam-Thailand (KVT) service. According to ONE, the enhancement of its KVT service includes using the MV
FMC rules shipments cannot be declined for commercial reasons, ignores box lines’ objections
WASHINGTON : Despite major container lines’ objections, the US Federal Maritime Commission (FMC) has decreed that liner operators cannot use “business decisions” to refuse to move containers already
NYK Bulkship (Atlantic) installs NYK Group’s first wind-assisted ship-propulsion units
TOKYO : NYK Bulkship N.V, an NYK Group Company, installed two wind-assisted ship-propulsion units on the bulk carrier NBA Magritte at the port of Rotterdam, the Netherlands, which
Bahri’s profits soar by 48% in Q2 2024, boosted by higher shipping volumes
RIYADH : The National Shipping Company of Saudi Arabia (Bahri), listed on the Saudi Exchange, announced its financial results for the second quarter and first half of 2024.
Long vessel queue forms at Chattogram Port
DHAKA : A long queue of vessels has formed at the Chattogram Port’s outer anchorage, with berthing delayed by up to nine days, for container yards being acutely
Saudi Red Sea Authority trains over 1,000 Nationals for Coastal Tourism market
RIYADH : Saudi Red Sea Authority (SRSA), in collaboration with the Ministry of Tourism, has implemented two pioneering initiatives that focuses on training human resources in luxury coastal
Worldwide Shipping companies focussing their attention to Kerala’s Vizhinjam Port
THIRUVANANTHAPURAM : The maritime world is abuzz with the recent developments at Vizhinjam Port, where some of the globe’s leading shipping companies are gearing up for operations. This
CMA CGM reports strong quarter amid Geopolitical Tensions
MARSEILLE : CMA CGM has reported robust demand for cargo shipping in its second-quarter 2024 results, despite ongoing geopolitical tensions. The company said it delivered a strong performance
Drewry: World Container Index Down 2%
LONDON : Drewry’s World Container Index decreased 2% to $5,806 per 40ft container this week. The composite index decreased 2% this week to $5,806 per 40ft container following