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January 4, 2025

Drewry: World Container Index up by 3% this Week

Container, International Shipping, Shipping, Shipping Line, Trade, Trending News
LONDON : Drewry’s World Container Index increased 3% to $3,905 per 40ft container this week. Drewry’s detailed assessment for Thursday, 02 January 2025
January 3, 2025

Arkas Line extends routes to India

International Shipping, Export - Import, Shipping Line, Trade, Trending News
IZMIR : Arkas Line has strengthened its international presence by extending its route to India. Following its recent growth across the Red Sea, the company is now adding India to its network. The firm
January 3, 2025

Hapag Lloyd to apply new GRI/GRA from Middle East & Indian Subcontinent to North America

EXPORT, International Shipping, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd announces General Rate Increase (GRI)/General Rate Adjustment (GRA) from Indian Subcontinent & Middle East* to North America** . This GRI/GRA is applicable to containers gated in full from February 1, 2025, and is valid
January 3, 2025

IMO Secretary-General’s New Year 2025 message

International Shipping, Maritime, Shipping Line, Trade, Trending News
LONDON : International Maritime Organization (IMO) Secretary-General Arsenio Dominguez has highlighted key items on the IMO agenda for 2025. In a video message, Secretary-General Dominguez said: “We start 2025 focusing on three main topics,
January 3, 2025

Mawani adds Milaha’s new ‘MIX 2’ Shipping Service to King Abdulaziz Port in Dammam

International Shipping, Foreign Ports, Trending News
RIYADH : The Saudi Ports Authority (Mawani) has announced the addition of Milaha’s new “MIX 2” shipping service to King Abdulaziz Port in Dammam, enhancing the flow of exports and imports through the port,
January 3, 2025

US East Coast dockworkers, employer group to restart talks next week

Export - Import, Foreign Ports, Global Trade, International Shipping, Shipping Line, Trade, Trending News
WASHINGTON D.C. : The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) are set to resume contract talks on Jan. 7, according to a person familiar with the matter. Talks between
January 3, 2025

Russia warns of severe environmental damage as oil from damaged tankers washes up on beaches

Tanker, Foreign Ports, Fuel, Global Trade, International Shipping, Maritime, Shipping Line, Trending News
MOSCOW : Russian officials warned of severe environmental damage on Wednesday as thousands of people came out to clean up tons of fuel oil that spilled out of two storm-stricken tankers more than two
January 3, 2025

Baltic index rises on gains in larger vessel segments

International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday, supported by gains in larger vessel segments. The index, which factors in
January 2, 2025

Maersk asks customers to remove cargo before potential strike at US Ports

International Shipping, Foreign Ports, Port Strikes, Trending News
COPENHAGEN : Shipping giant AP Moller-Maersk has urged customers to pick up their laden containers and return the empty ones at the U.S. East and Gulf Coast Ports before Jan. 15 to mitigate potential
January 2, 2025

Singapore boosts maritime, aviation hub role as cargo flows shift and supply chain risks rise

Export - Import, Foreign Ports, Global Trade, International Shipping, Logistics, Shipping Line, Trending News
SINGAPORE : Singapore is investing further in its infrastructure, processes and workforce to solidify its position as a trusted regional cargo centre. With more shippers expected to choose the city as their preferred transshipment
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