Hapag-Lloyd revises INDAMEX 2 Service rotation
HAMBURG : Hapag-Lloyd has decided to discontinue its vessel calls at Norfolk, US on its INDAMEX 2 (IN2) Service, effective from November 2023. The updated IN2 service port
CMA CGM axes Chittagong call due to lower demand and port restrictions
MARSEILLE : CMA CGM has halted a direct call out of Bangladesh’s Chittagong Port which it began in April – the latest sign of continuing carrier network changes
Vado-Verona Porta Nuova rail connection launched : APM Terminals
VERONA (ITALY) : A new rail connection between the container and reefer terminals in Vado Ligure and Verona Porta Nuova inland port has been established. The twice weekly
MOL, MCSI introduce new LNG carrier company
JAKARTA : Mitsui O.S.K. Lines, Ltd. (MOL) and PT MCS International (MCSI) have established a new joint-venture LNG carrier manning company in Indonesia. The joint venture intends to
Hong Kong’s Oldest and Biggest Shipping Companies is looking to startups for new ways to go Greene
HONG KONG : Wah Kwong, led by Chairman Hing Chao, is diving into the startup world in search of new ideas to cut carbon emissions, making investments in
Dry Bulk Market: Capesize Market on the Rise : The Baltic Exchange
Capesizes Throughout the week, the cape market has displayed remarkable resilience and positivity, defying challenges such as holidays in the Far East. The Pacific market saw strong activity
MSC tops schedule reliability rankings in August
GENEVA : Danish Maritime data analysis firm Sea-Intelligence has released a report about schedule reliability data of container carriers for January – August 2023. In August 2023, global
Maersk spots growth opportunities from IMEEC development
COPENHAGEN : Maersk is looking to add a new layer to its trade reach out of India as the India-Middle East-Europe Economic Corridor (IMEEC), given shape at the
CMA CGM announces new Freight All Kinds rates from Asia
MARSEILLE : Container line CMA CGM will apply new Freight All Kinds (FAK) rates from all Asian main ports to all Mediterranean base ports and North Africa. The
Iran launches 1st refrigerated container ship to export Horticultural Products overseas
TEHRAN : The refrigerated container ship was launched in Iran for the first time to export horticultural products to other countries, the CEO of Caspian Sea Shipping Company