GAC Singapore bags Best Ship Agent award
SINGAPORE : GAC Singapore has been named the Best Shipping Agent at the ShipTek International Awards held in Singapore during the Singapore Maritime Week. Shiptek is one of
CEVA Logistics enters into car carrier market
MARSEILLE : CEVA Logistics has signed a 10-year lease agreement with parent company CMA CGM to lease four roll-on, roll-off (RORO) vessels from Eastern Pacific Shipping. The LNG
CMA CGM Pegasus arrives at Malta Freeport Terminals
MALTA : Malta Freeport Terminals celebrated the arrival of the CMA CGM Pegasus, the first vessel to call in Malta on the Europe Pakistan Indian Consortium (EPIC) service
Drewry: World Container Index Up 1% last week, But 77% down on last year
LONDON : Drewry’s composite World Container Index increased by 1% to $1,763.28 per 40ft container this week.
Baltic index marks first weekly fall in three
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Friday on stronger demand in the capesize segment,
A.P. Moller – Maersk reports solid Q1 results
COPENHAGEN : A.P. Moller – Maersk (Maersk) reports a first quarter of 2023 in line with expectations. Continued destocking and easing of congestions implied lower volumes across all
NorthStandard announces sponsorship of Seafarers Happiness Index as latest report reveals dip in sat
NEWCASTLE (UK): NorthStandard is pleased to announce its continued sponsorship of Seafarers Happiness Index, an initiative of the Mission to Seafarers, as the latest report highlights a decline
Hapag-Lloyd Annual General Meeting approves all proposed resolutions
HAMBURG : Hapag-Lloyd AG shareholders approved today with the required majority all items on the agenda put to the vote at the Annual General Meeting. This included the
CMA CGM confirms first Car Carrier Charter for CEVA Logistics
MARSEILLE : CEVA Logistics, part of the CMA CGM Group, confirmed the rumor circulating for weeks that they will be entering the car carrier segment chartering four vessels.
Liner supply falls as operators reduce average sailing speed by 4% : BIMCO
COPENHAGEN : “During the COVID-19 pandemic liner operators increased the average sailing speed by up to 4% due to strong demand and widespread port congestion. Today, the situation