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PSA Singapore celebrates Nation’s 60th Birthday with container display tribute at Tanjong Pagar Terminal

SINGAPORE : To mark Singapore’s 60th year of independence (SG60), PSA Singapore (PSA) has unveiled a container display featuring the messages “SG60 ♥” and...

Maersk launches New Caribbean – North Europe (CAX)Service

COPENHAGEN : Maersk are pleased to announce the launch of CAX, a new service that will connect the Caribbean and North Europe. With the...

PIL opens new office in Guatemala

GUATEMALA : Pacific International Lines (PIL) has opened a new office in Guatemala to strengthen its business in Central America. "This new office represents much...

Global Shipping Giants bet big on ULCVs as trade flows evolve

The container shipping sector is entering a period of structural adjustment, as excess vessel capacity, declining freight rates and shifting global trade routes reshape...

Drewry: World Container Index down 2.6% last week

LONDON : Drewry’s World Container Index decreased 2.6% to $2,602 per 40ft container this week. For many years, World Container Index has been the go-to,...

Baltic Index posts Biggest Weekly Gain in four months on Capesize increase

LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, jumped on Friday, posting its biggest...

DP World and Asian Terminals Inc deploy first fleet of electric internal transfer vehicles in the Philippines

MANILA : DP World and its strategic partner, Asian Terminals Inc. (ATI) has unveiled a brand-new fleet of 15 electric internal transfer vehicles (eITVs)...

Reshaping Global Lubricant Supply Chains: Trump-Era Tariffs driving industry pivot toward Asia

SINGAPORE : With the global lubricants industry still adjusting to the lasting impact of U.S. trade policy enacted during the first presidential term of...

BYD XI’AN, One of the World’s Largest Vehicle Carriers, Transits Suez Canal on Maiden Voyage

ISMAILIA (EGYPT) : The Suez Canal Authority announced the transit of BYD XI’AN, one of the largest vehicle carriers in the world, through the...

ClassNK releases ‘FAQs on the FuelEU Maritime (4th Edition)’

TOKYO : ClassNK has released ‘FAQs on the FuelEU Maritime (4th Edition)’. It can serve as a helpful guide for stakeholders in the shipping...
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