Baltic index falls for third week on weaker rates across segments
LONDON : The Baltic Exchange’s dry bulk sea freight index fell on Friday to log its third straight weekly decline, weighed down by a dip in rates across
CMA CGM chooses Damen for efficiency retrofits to 100 vessels
MARSEILLE : CMA CGM has chosen Damen Shipyards Group for the retrofit of 100 vessels with bulbous bows, propeller upgrades and other efficiency devices. The upgrades will take
ONE announces an update to its Adriatic Service
SINGAPORE : Ocean Network Express (ONE) has announced an update to its Adriatic Feeder Service (AIB) in the Mediterranean region. “The service rotation has been redesigned to continue
X-Press Feeders Signs MOU with six European Ports for Green Shipping Corridors
HAMBURG : X-Press Feeders, the world’s largest independent common carrier, on Friday, April 5 signed of a memorandum of understanding (MoU) with six European ports: Port of Antwerp
Joint R&D agreement signed to expand anti-roll tank application to large container ships
TOKYO : ClassNK has signed a joint R&D agreement with Nihon Shipyard Co., Ltd. and IMC Co., Ltd. (IMC) to ensure the safety and performance evaluation of anti-roll
DP World and Brazilian railway operator to build new terminal at Santos
SAO PAULO : DP World has joined forces with Brazilian railway operator Rumo to build a new terminal at the Port of Santos to handle 12.5 million tonnes
Maersk names second vessel of its large methanol-enabled fleet “Astrid Mærsk” in Yokohama
Yokohama : In a ceremony held in Yokohama, Japan, the world’s second large methanol-enabled container vessel was named “Astrid Mærsk“. Mrs. Liza Uchida, spouse of Nissan CEO Makoto
Hapag-Lloyd introduces new JDX Shipping Service to enhance connectivity between Saudi and African Po
RIYADH : Maritime connectivity between Saudi and African Ports is set to improve with the introduction of a new shipping service by German container transportation firm Hapag-Lloyd. The
Panama Canal drought could threaten global supply chain : S&P
MEXICO CITY : The severe drought which has forced the Panama Canal, one of the world’s busiest trade passages, to limit daily crossings could impact global supply chains
Hualien Port operations suspended after Taiwan Earthquake
TAIWAN : On Wednesday at 07:58 hours, a 7.2 magnitude earthquake struck near Hualien, Taiwan, with the epicentre 15.5 kilometers from the county. This is Taiwan’s largest earthquake
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