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December 20, 2024

BIMCO: Container Shipping Market Overview & Outlook December 2024

International Shipping, Maritime, Ship Building, Shipping Line, Trade, Trending News
LONDON : Despite the fastest growth in supply and the fleet since 2010, the supply/demand balance tightened in 2024. Ship demand has increased as 90% of the capacity that normally transits the Suez Canal
December 20, 2024

A bullish year for global shipping : Container market experienced remarkable growth in 2024

Container, International Shipping, Shipping Line, Trade, Trending News
BOSTON : The year 2024 has seen values rise to near-record levels across Container sectors of the shipping industry, fuelled by the post-covid shipping boom and a strong newbuild market according to Veson Nautical’s
December 19, 2024

CMA CGM announces new FAK Rates from the Indian Subcontinent to North Europe & the Mediterranean

EXPORT, International Shipping, Shipping Line, Trade, Trending News
MARSEILLE : CMA CGM has announced new Freight All Kinds (FAK) Rates effective from 15 January 2025 until further notice as below. FROM INDIA/PAKISTAN/SRI LANKA Amount in USD per 20′ Amount in USD per
December 19, 2024

CUBE Battery System achieves Bureau Veritas Type Approval

International Shipping, Marine, Maritime, Trending News
HITTFELD (GERMANY) : Lehmann Marine, a trusted name in marine energy storage systems, is proud to announce that its flagship product, the CUBE battery system, has received type approval from Bureau Veritas (BV), one
December 19, 2024

ClassNK releases ‘ClassNK Technical Journal’

International Shipping, Maritime, Shipping Line, Trending News
TOKYO : ClassNK has released “ClassNK Technical Journal No.10 2024 (II)”, providing a comprehensive overview of the latest trends and its activities on key topics such as GHG regulations, alternative fuels’ characteristics, availability, and
December 18, 2024

HMM Re-enters Atlantic Route after 7 Years, Launches New India-Europe Route

Export - Import, International Shipping, Shipping Line, Trade, Trending News
SEOUL : HMM has announced its return to the Atlantic route and the launch of new container services on the India-Europe and Atlantic routes starting from February next year. This marks a significant development
December 18, 2024

ONE announces three North Europe Transatlantic services 

International Shipping, Shipping Line, Trade, Trending News
SINGAPORE : Ocean Network Express (“ONE”) is pleased to announce three North Europe Transatlantic services, effective from February 2025, which will be operated together with CMA CGM, COSCO Shipping Lines, Oriental Overseas Container Line
December 18, 2024

Bill to establish ‘Pakistan Land Port Authority’ introduced in Pakistan National Assembly

International Shipping, Logistics, Ports, Transport, Trending News
ISLAMABAD : After a delay of 12 years, the Pakistan Government introduced a bill in the National Assembly to establish the Pakistan Land Port Authority to streamline the movement of goods and people across
December 18, 2024

Baltic index retreats on lower rates across all vessel segments

International Shipping, Dry Bulk 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, retreated on Tuesday rates dipped across all vessel segments. The index, which factors in rates
December 18, 2024

ClassNK releases guidance for safe evacuation of crew members from vehicle carriers in case of fires

International Shipping, Maritime, Shipping Line, Technology, Trending News
TOKYO : ClassNK has released guidance to assist in the safe evacuation of crew members from vehicle carriers in the event of a cargo hold fire. Additionally, the world’s first notation, ‘AMEVC(EV)*1,’ has been
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