Drewry: World Container Index down 11%
LONDON : Drewry’s World Container Index decreased 11% to $3,445 per 40ft container this week. Drewry’s detailed assessment for Thursday, 23 January 2025
Baltic Index logs third weekly loss on weaker rates across vessel segments
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday and posted its third straight weekly
Maersk takes delivery of methanol-ready 12,800 TEU container ship
COPENHAGEN : Japan Marine United (JMU) announced the delivery of the methanol-ready 12,800 TEU container ship MAERSK EUNAPOLIS on January 17, 2025. The vessel, built at JMU’s Kure
MSC says it will keep avoiding Red Sea for now
GENEVA : Container liner MSC Mediterranean Shipping Co. SA said it will continue to send its ships around Africa’s southern tip until further notice, a sign that any
MSC remains top in global container shipping market : Alphaliner
COURBEVOIE (FRANCE) : According to the latest data released by Alphaliner, as of January 14, there were 7,211 container ships in service worldwide, with a total capacity of
Panama Canal was “not gift from US”: Panama President Jose Raul Mulino
DAVOS : “The Panama Canal was not a gift from the United States,” President Jose Raul Mulino said Wednesday, after US President Donald Trump threatened to take it
Klaipėda Port moves into the future: the country’s first hydrogen-powered ship is already in
KLAIPEDA : The first ever green hydrogen and electricity-powered ship in Lithuania, commissioned by the Klaipėda State Seaport Authority, has been moved from shipyard into water. Leaving no
Cargo ship Galaxy Leader’s crew held by Houthi rebels released after more than a year in capti
OMAN : Yemen’s Iran-aligned Houthis have released the crew of the Galaxy Leader more than a year after they seized the Bahamas-flagged vessel off the Yemeni Red Sea coast, Houthi-owned
NorthStandard launches one-stop-shop for smaller and specialist vessels
LONDON : NorthStandard has launched a new H&M and P&I product for smaller commercial vessels, typically up to 10,000 gross tonnes. The new offering will also include War,
DP World says sea freight prices could fall 20% if Red Sea attacks curbed
DUBAI : Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World’s Deputy Chief Executive, Mr. Yuvraj Narayan