January 9, 2025
March 21, 2026
January 9, 2025
Container ship order book hits new record high of 8.3M TEUs
LONDON : At the end of 2024, the container ship order book was 8.3m TEUs, a new record compared with the previous high of 7.8m TEUs in early 2023,” says Niels Rasmussen, Chief Shipping
January 9, 2025
HMM to launch weekly INX Service in February 2025
SEOUL : HMM has announced a new weekly maritime service, the India North Europe Express (INX), which will directly link Western India to Northern Europe. The service will commence operations on February 5, 2025,
January 8, 2025
US ‘blacklists’ world’s largest shipowner and shipyard group in swipe at China
SHANGHAI : China Cosco Shipping, the world’s biggest shipowner, has been targeted by the US government for its alleged links to China’s army. The move came as Beijing sought to reassure markets after a
January 8, 2025
Shipping rates surge in 2025 amid tariff hikes and strike concerns
LONDON : Spot container rates for shipping goods to the US from Asia have spiked over the past month as companies look to avoid higher tariffs and pad their inventories ahead of a strike
January 8, 2025
Evolving trade routes dampen demand for Ultra Large Container Vessels
SINGAPORE : According to industry data, the demand for Ultra Large Container Vessels (ULCVs) has decreased as shipping companies shift to smaller, more versatile vessels to accommodate changing trade patterns. The redirection of global
January 8, 2025
Baltic index extends losses on lower capesize, supramax rates
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended declines on Tuesday, hurt by falling rates across the capesize and supramax segments. The
January 7, 2025
Strategic Marine celebrates Signing and Delivery of First Surface Effect Ship (SES) to AES
SINGAPORE : Strategic Marine is proud to announce the signing and delivery of its first Surface Effect Ship (SES) to All Energies Services (AES), a groundbreaking moment in the company’s advancement within the offshore
January 7, 2025
No short-term overcapacity for container lines
LONDON : According to Alphaliner’s analysis the container fleet increased by nearly 3 million teu last year, or by 10.6%, with some 59% of this new capacity deployed on the Asia to Europe trade which
January 7, 2025