BIMCO’s SHIPMAN 2024 available for use
LONDON : The updated 2024 version of BIMCO’s widely used ship management contract SHIPMAN is now available for use in SmartCon and on the BIMCO website accompanied by
Major container lines jointly launch Asia – East Coast South America service
SINGAPORE : Five of the leading ocean carriers are cooperating to introduce a new service connecting important ports in Asia with the East Coast of South America. In
Arrival of larger ships at Chattogram Port speeds up cargo delivery, cuts transit t
CHATTOGRAM : The number of containers and cargoes being handled at Chattogram Port, the country’s primary seaport, has surged in recent times, improving its trade efficiency, despite a
Stormy weather disrupts Middle East supply chains network
DUBAI : Unusual weather across the Persian Gulf region have sparked serious concerns for ocean and air freight stakeholders, dealing another blow to supply chains already caught up
Shipping industry on track to cut emissions : IMO Secy Gen
SINGAPORE : The Head of the International Maritime Organisation (IMO) is “very confident” that the shipping industry is on track to finalise by next year how it will
‘World’s first’ ammonia dual-fuel Aframaxes ordered by MISC
KUALA LAMPUR : Malaysia’s shipowner MISC has ordered and chartered out, via its petroleum arm AET, ‘the world’s first’ two ammonia dual-fuel Aframaxes. AET signed the shipbuilding contracts
Liner shipping’s EU policy prorites for a sustainable, competitive, and secure maritime sector –
WASHINGTON D.C. : The World Shipping Council (WSC) is calling on the EU to design policy frameworks that facilitate the essential role of shipping in a globally connected
Eureka Shipping announces construction of new cutting-edge cement carrier for Great Lakes Trade
NORWAY : Eureka Shipping, a leading provider of sustainable, high-efficiency cement carrier services jointly owned by SMT Shipping and The CSL Group, is pleased to announce the construction
Baltic index hits over 3-week high as vessel rates climb
LONDON : The Baltic Exchange’s dry bulk sea freight hit a more than three-week high on Thursday, driven by robust demand across all vessel segments. The overall index,
PIL posts US$277.6 million earnings for FY2023, expects to stay profitable in FY2024
SINGAPORE : Container carrier Pacific International Lines (PIL) posted US$277.6 million in net profit for FY2023 – about 10 per cent of its FY2022 earnings of US$3 billion
