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Orient Overseas (International) Limited announces 2025 Interim Results

HONG KONG: Orient Overseas (International) Limited (“OOIL”) Friday announced a profit attributable to equity holders of US$954.2 million for the six-month period ended 30th...

Cubo Maritime & Port completes three years of fast-tracked decarbonisation, AI, and business development in the port industry

SAO PAULO: Completing three years of operation, Cubo Maritime & Port — Cubo Itaú's sector hub in collaboration with Wilson Sons, Port of Açu,...

Lower capesize rates drag Baltic Index to over 1-month low

LONDON: The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for the fourth-straight session on Thursday,...

Three Japanese firms join forces to build automobile trade corridor between India and Africa

YOKOHAMA : Three Japanese companies — Mitsui O.S.K. Lines, Ltd, TradeWaltz Inc. and Suzuki Motor Corporation — have signed a Memorandum of Understanding (MOU)...

Drewry’s World Container Index decreased 4% to $2,250 per 40ft container this week

LONDON: For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index decreased 4% to...

Strategic Marine in groundbreaking tie-up with US’ Eureka Naval Craft to build Next-Gen Modular Attack Surface Craft in Singapore

SINGAPORE: Premier Singapore-based shipbuilder Strategic Marine has signed a Memorandum of Understanding with US-based advanced naval innovation leader Eureka Naval Craft to collaborate on...

ONE launches intermodal service in Saudi Arabia

SINGAPORE : Ocean Network Express (ONE) is launching inland logistics services in Saudi Arabia from the port of Damman on the Arabian Gulf. The service...

Klaipėda Port Authority to develop Jurbarkas as a new inland cargo hub in Lithuania

KLAIPEDA: A contract has been signed between Klaipėda Port Authority and Jurbarkas District Municipality, under which the Port Authority becomes the operator of one...

BIFA welcome Government’s pragmatic approach to border controls

LONDON : The British International Freight Association (BIFA) welcomes the UK Government’s decision to pause the implementation of additional import controls on EU and...

Anglo-Eastern selects Inmarsat’s NexusWave for Hadley Shipping Group

LONDON: Inmarsat Maritime, a Viasat company, has announced that Anglo-Eastern will upgrade Hadley Shipping Group’s fleet to Inmarsat’s fully managed bonded connectivity solution, NexusWave. Hadley...
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