March 3, 2025
March 22, 2026
March 3, 2025
US fees on China-based ships to cause unintended consequences – Analyst
LONDON : The US Trade Representative’s (USTR) proposal to charge up to $1.5 million to Chinese-owned ships entering US ports could cause severe congestion and delays to supply chains, according to shipping analysts. Peter
March 3, 2025
Drewry’s Intra-Asia Container Index down 8%
LONDON : Drewry’s Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, decreased 8% in the fortnight to 28 Feb 25 to $615 per 40ft container. Intra-Asia Container Index assessment
March 1, 2025
Maersk names its 11th dual-fuel Methanol vessel ‘Albert Maersk’ in Mumbai
As the Godmother, State Minister Raksha Khadse christens the vessel during Maersk’s first-ever name-giving ceremony in India at APM Terminals Mumbai MUMBAI : A.P. Moller – Maersk celebrated the name-giving of its newest dual-fuel
March 1, 2025
Klaipėda Port Authority to invest more than EUR 300 million for Klaipėda Port infrastructure to strengthen the country’s economy and energy security
KLAIPEDA : Klaipėda Port Authority is steadfastly moving forward with the implementation of the Port’s vision to become an innovative hub for port services, the maritime industry, and green energy. This direction is reflected
March 1, 2025
Egypt signs Maritime Recycling Partnership with A.P. Moller – Maersk
CAIRO : The Holding Company for Maritime and Land Transport, Egypt has signed a memorandum of understanding (MoU) with A.P. Moller-Maersk A/S to enhance cooperation in responsible ship recycling (RSR) in line with international
March 1, 2025
Drewry’s World Container Index down 6% this Week
LONDON : For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. If your organisation is considering index-linked contracts or requires regional visibility/coverage beyond the eight trade lanes
March 1, 2025
Baltic Index logs second straight Weekly gain on Higher Capesize Demand
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels carrying dry bulk commodities, gained on Friday and registered its second consecutive weekly gain, driven by strong capesize rates.
February 28, 2025
PSA Singapore celebrates 10 Million TEU milestone at Tuas Port
SINGAPORE : PSA Singapore has reached a new milestone: Tuas Port—the world’s largest fully automated container terminal—has handled 10 million TEUs since operations began in September 2022! This achievement highlights Tuas Port’s strategic significance as
February 28, 2025