Tanker owners plead for Red Sea pass as missiles continue to fly
LONDON : Tanker trades are facing continued disruption for some time yet as more owners steer clear of the Red Sea. Ship tracking data suggests tanker traffic has
Chemfleet adds three ships to Berg energy efficiency upgrade after verifying 10% fuel savings
ISTANBUL : Specialized ship manager Chemfleet has confirmed that an in-service Berg Propulsion upgrade to control systems onboard the tanker YM Miranda has yielded fuel savings of around 10%. Trials
FIATA calls for global monitoring and coordination to facilitate maritime transport as Red Sea tensi
GENEVA : In the wake of mounting tensions in the Red Sea, FIATA has released a call to action for strengthened international dialogue and monitoring between governments and
Red Sea crisis hit India’s trade : Container Shipping line MSC and CMA CGM suspend key routes
CAPETOWN : Mediterranean Shipping Company S.A, the world’s largest container shipping line, has suspended two services from India, one destined for the U.S. and the other for the
Hapag-Lloyd enters Gemini in unfavourable position : Linerlytica
HONG KONG : Hapag-Lloyd is disadvantaged in Gemini Cooperation, the upcoming collaboration between the German operator and its Danish peer Maersk Line, according to Linerlytica, which opined, “Hapag-Lloyd
India’s sunoil imports to falter as Red Sea attacks lift freight costs
NEW DELHI : India’s sunflower oil imports are set to decline in coming months as a rally in prices, driven by a surge in freight rates, is prompting buyers to
Forwarder says lines creating “artificial demand”
LONDON : A European freight forwarder has accused the lines of creating “artificial demand” by blanking sailings and talking up a looming empty box crisis. The forwarder, who
Wallem Westminster partners with Adopt a Ship programme
MANILA : Wallem Westminster, Manila, is proud to partner with the IMO endorsed ‘Adopt a Ship’ programme (AaS). Working together with San Antonio Elementary School (SAES), Wallem Westminster’s
Hapag Lloyd hikes dry cargo rates from Canada to India and Middle East
HAMBURG : Hapag Lloyd has announced a general rate increase (GRI) from Canada West Coast to Middle East and the Indian subcontinent for dry cargo transported in 20TEU
Maersk diverting container service away from the Red Sea
COPENHAGEN : Danish Shipping Group Maersk is diverting its ME2 Container Service away from the Red Sea and Gulf of Aden, rerouting the vessels around the Cape of