PIL moves out of Singapore HQ building
SINGAPORE : In the end of an era Pacific International Lines (PIL) has shifted out of its Singapore headquarters building in the heart of the city’s central business
Bangladesh to make e-seal and lock mandatory for transit goods from India
CHITTAGONG : Bangladesh is set to make use of the electronic seal and lock mandatory for the transit and transhipment of goods from India in a bid to
MSC’s secondhand boxship buying spree passes 300 mark
GENEVA : Mediterranean Shipping Co’s (MSC) secondhand buying spree has hit the 300-vessel threshold according to analyst Alphaliner. In its weekly newsletter Alphaliner said that MSC was reported to
CSSC and CMA CGM ink record-breaking deal for 16 ultra-large boxships worth $3 bln
MARSEILLE : CMA CGM is reported to have signed the largest container shipbuilding order placed in China for a total of 16 new vessels to be built by
Sea-Intelligence reports US$15 billion drop in box lines 2022 last quarter earnings
COPENHAGEN : Even though the shipping lines recorded 2022-FY Earnings Before Interest and Taxes (EBIT) of US$138 billion, minus CMA CGM, PIL, and MSC, there were visible indications
China-Russia vs US-EU: How global shipping is slowly splitting in two
NEW YORK : Another meeting between a House speaker and Taiwan’s president, another spike in tensions in the Taiwan Strait. Last summer’s meeting between Taiwan President Tsai Ing-wen
“K” Line starts operations of New General Dry Warehouse in Bangkok
TOKYO : Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that its Thailand-based group company K LINE CONTAINER SERVICE (THAILAND) LTD. (KCST) will commence the operation
MSC at Canton Fair 2023: Committed to connecting China with Africa and beyond
GENEVA : MSC is delighted to be participating in the 133rd China Import and Export Fair (Canton Fair 2023) for the very first time! An event lauded as
Baltic index extends gains on firm larger vessels demand
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains supported by higher rates for larger vessel segments, especially
Dalian begins works on new MSC LNG-powered 16,000 TEU vessel
BEIJING : Dalian Shipbuilding (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has begun the construction of the 10th LNG-powered 16,000 TEU container ship for the Swiss