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December 31, 2024

CMA CGM takes delivery of LNG-powered 8,000 TEUs Vessel

International Shipping, Shipping Line, Trade, Trending News
MARSEILLE : CMA CGM has taken delivery of CMA CGM Petra, an 85,700DWT LNG-powered container vessel and the first in a new series of six built by HD Hyundai Samho of South Korea. The French-flagged,
December 31, 2024

Houthi attacks another container ship in Arabian Sea

International Shipping, Maritime, Ocean Attack, Shipping Line, Trending News
SANAA : Yemen’s Houthi rebels claimed a drone attack on a Maersk container ship in the Arabian Sea on Dec. 27, stoking renewed concerns over Red Sea shipping amid another flare-up in attacks. In
December 31, 2024

Egypt tests new extension of the Suez Canal

International Shipping, Foreign Ports, Maritime, Trade, Trending News
CAIRO : Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact of currents on shipping and increase the key waterway’s capacity. During a trial
December 28, 2024

Shanghai Port sets world record for annual throughput at 50 Million TEUs

International Shipping, Foreign Ports, Maritime, Trade, Trending News
SHANGHAI : A container draped in festive red and marked “The 50 Millionth TEU of Shanghai Port’s Container Throughput in 2024” was smoothly lifted from an automated guided vehicle (AGV) by a remote-controlled quay
December 28, 2024

PSA Singapore hits record-breaking annual throughput of more than 40 Million Teus

International Shipping, Container Terminal, Foreign Ports, Trending News
SINGAPORE : PSA Singapore (PSA) reached a significant milestone, handling over 40 million Twenty-foot Equivalent Units (TEUs) in 2024. This new record surpasses PSA’s previous annual high of 38.8 million TEUs set in 2023,
December 28, 2024

MSC orders additional 10 LNG dual-fuel boxships

Container, International Shipping, Shipping Line, Trade, Trending News
GENEVA : Mediterranean Shipping Company (MSC), the world’s largest container shipping company, has ordered ten more liquefied natural gas (LNG) dual-fuel vessels in China. The shipowner placed an order for the ten 24,000 TEU
December 28, 2024

Russia’s first ice-class LNG carrier enters sea trials

LNG, Global Trade, International Shipping, Shipyards, Trending News
MOSCOW : The first Russian-built ice-class liquefied natural gas (LNG) carrier has entered sea trials, LSEG data showed on Friday, as part of Russia’s efforts to raise global LNG market share despite U.S. sanctions.
December 28, 2024

ONE upgraded BBX service revamp

International Shipping, Shipping Line, Trade, Trending News
SINGAPORE : Ocean Network Express (ONE) has upgraded its Baltic Bridge Express (BBX) Service, designed to provide its clients with expanded port coverage. The new BBX Service rotation are as follows: Rotterdam – Klaipeda
December 28, 2024

New Bangladesh-Pakistan direct shipping route starts delivering results: DP World

International Shipping, Foreign Ports, Global Trade, Maritime, Trending News
KARACHI : More than 1,000 containers were shipped between Pakistan and Bangladesh since the launch of the ‘first direct shipping route’ between the two South Asian countries in October, according to the port operator
December 28, 2024

Enhancing supply chain resilience amid rising global risks : UNCTAD

International Shipping, Global Trade, Maritime, Shipping Line, Trending News
GENEVA : Exploring strategies to bolster resilience in the shipping industry and for cargo owners, amidst compounding environmental, economic, and geopolitical challenges. Rising global risks and polycrisisThe global landscape for supply chains has grown
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