Hapag Lloyd expects three tough years for shipping industry
BERLIN : The head of German shipping firm Hapag Lloyd, Mr. Rolf Habben Jansen, expects the next three years to be difficult because demand for shipping services is
Seven liners started direct shipping from Chattogram Port, now only 3 remain
CHATTOGRAM : Direct shipping from the Chattogram port to major ports worldwide, including those in Europe, is coming to a halt as shipping lines are discontinuing their operations
BIMCO adopts new CII clause for Voyage Charter Parties
LONDON : The shipping industry is facing an increase in new regulations from the International Maritime Organization (IMO) and the European Union (EU) and an increase in the
Maersk’s first large methanol boxship floated out at HHI
COPENHAGEN : Maersk’s world’s first large 16,200 Teu-containership powered by methanol has been floated out of its building dock at Hyundai Heavy Industries. The ship is the second
Hapag-Lloyd increases rates from Turkiye and Bangladesh
HAMBURG : German ocean carrier Hapag-Lloyd has announced new ocean tariff rates from Turkiye and Bangladesh, which will be effective from 1 November. The updated prices from Turkiye
ONE now the most carbon-efficient carrier, as ‘shipping gets greener’
SINGAPORE : Ocean Network Express (ONE) has been named by Xeneta as the most carbon-efficient carrier this year – and long-term measurements show shipping is “getting greener”, the
Israel-Hamas war: Impact on shipping and port operations, potential risks
The conflict in Israel after attacks by Islamist group Hamas on towns close to Gaza has caused great concerns in the global community, while the impact on various
Ong Kim Pong appoints as the new CEO of PSA
SINGAPORE : PSA International is getting a new Chief Executive Officer next year with the appointment of Ong Kim Pong. In line with succession plans, Ong Kim Pong
Maersk signs deal with Starlink for its Ocean fleet
COPENHAGEN : A.P. Moller – Maersk, the global leader of integrated container logistics, is embarking on a collaboration with Starlink, the pioneering satellite internet constellation developed by SpaceX.
Carriers and forwarders to lose mark-up on THC collection in Dubai
JEBEL ALI : Container lines serving Middle East trades are facing the prospect of losing a major source of their income from mark-ups or margins on ancillary collections.