WASHINGTON D.C. : The World Shipping Council (WSC) is calling on the EU to design policy frameworks that facilitate the essential role of shipping in a globally connected
NORWAY : Eureka Shipping, a leading provider of sustainable, high-efficiency cement carrier services jointly owned by SMT Shipping and The CSL Group, is pleased to announce the construction
LONDON : The Baltic Exchange’s dry bulk sea freight hit a more than three-week high on Thursday, driven by robust demand across all vessel segments. The overall index,
SINGAPORE : Container carrier Pacific International Lines (PIL) posted US$277.6 million in net profit for FY2023 – about 10 per cent of its FY2022 earnings of US$3 billion
MUMBAI : Maersk announces a significant upgrade to its ME2 Ocean Service. As of third week of April, the ME2 service will include port calls to key destinations
SINGAPORE : With the aim of improving and enhancing our presence in East Coast South America, Pacific International Lines (PIL) is pleased to introduce two revamped weekly direct
LONDON : The ongoing conflict between Iran and Israel has the potential to further disrupt the shipping industry, raising global concerns about maritime security and increasing the war-risk
MOSCOW : Russia is pressing ahead with the construction of two new transport corridors linking Asia and Europe, seeking to weaken sanctions over its war in Ukraine at
Container values have risen significantly across almost all sectors and age categories since the start of the year. Following an extended period of declines, where values fell steadily
RIYADH : The Saudi Ports Authority “Mawani” has announced the addition of a new maritime shipping service by Orient Overseas Container Line (OOCL) to Jubail Commercial Port. This