October 21, 2024
March 21, 2026
October 21, 2024
Drewry: World Container Index down by 4% last week
LONDON : Drewry’s World Container Index decreased 4% to $3,216 per 40ft container last week.
October 19, 2024
Hapag-Lloyd and Maersk confident in Gemini’s Ambitious 90% reliability target
HAMBURG : The heads of the new Gemini Cooperation—Rolf Habben Jansen, CEO of Hapag-Lloyd, and Kenni Skotte, Vice President and Head of Ocean Network Product at Maersk—took the stage together at the Xeneta Summit in
October 19, 2024
Ocean Network Express Releases 2024 Sustainability Report
SINGAPORE : Ocean Network Express (ONE) is pleased to announce the release of its Sustainability Report 2024. The report provides a summary of ONE’s sustainability commitments and initiatives from 1 January 2023 to 31
October 19, 2024
Middle East crisis : Amid supply chain stress, India looks to augment shipping fleet, container manufacturing
DUBAI : The World Bank’s trade watch report, released earlier this week, stated that global supply chain stress remained elevated through September 2024, amid disruptions in West Asia, the Mediterranean, and Asia, as shipping
October 19, 2024
ClassNK awards world’s first notation for ships using green steel – for NYK Bulk & Projects’ bulk carrier ‘BRIGHT QUEEN’ –
TOKYO : ClassNK has granted the class notation ‘a-EA (GRS)’ to ‘BRIGHT QUEEN’, the bulk carrier operated by NYK Bulk & Projects Carriers Ltd., certifying the use of green steel. This is the world’s
October 19, 2024
ClassNK grants Innovation Endorsement for Products & Solutions to ‘SEEMS’ developed by Samundra Institute of Maritime Studies
TOKYO : ClassNK has granted its Innovation Endorsement for Products & Solutions to Ship Energy Efficiency Monitoring System (SEEMS) developed by Samundra Institute of Maritime Studies. In order to promote the spread and development
October 19, 2024
ReCAAP ISC holds dialogue with shipping industry to deliberate on Risk Mitigation Measures in areas of concern
The ReCAAP Information Sharing Centre (ISC) held a dialogue with representatives from the shipping industry to deliberate on risk mitigation measures which ships should adopt while transiting Areas of Concern in Asia. These areas
October 18, 2024
Red Sea shipping crisis : Oil flows through Bab el-Mandeb Plummets by over half in 2024
DUBAI : The flow of crude oil and oil products through the strategic Bab el-Mandeb Strait has plummeted by over 50% in the first eight months of 2024, according to the U.S. Energy Information Administration,
October 18, 2024