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October 5, 2024

DP World expands marine services fleet with new vessels offering cutting-edge efficiency

Logistics, Finance, Global Trade, International Shipping, Marine, Trending News
DUBAI : DP World welcomed two newly built vessels to its Marine Services fleet, further strengthening its commitment to sustainability and operational excellence.  The newbuild vessels, Navios Utmost and Navios Unite were officially named
October 5, 2024

Drewry introduces new Breakbulk Sea Transport Indices and incorporates within its Multipurpose Forecaster service

Break Bulk Cargo, Export - Import, International Shipping, Shipping Line, Trade, Trending News
LONDON : To better reflect the nuances of the multipurpose sector, Drewry has introduced Breakbulk Sea Transport Indices for both Project and General Cargo vessel segments, replacing the previous Multipurpose (MPV) Time Charter Index.
October 5, 2024

Convergence around a smaller number of options during the last GHG meetings before approval, put the IMO in a strong position to drive an energy transition in international shipping

International Shipping, Maritime, Shipping Line, Trending News
LONDON : The IMO’s Marine Environment Protection Committee 82nd meeting has concluded with a large amount of work remaining. However, negotiations are still on track for an agreement on a new MARPOL text (Chapter
October 4, 2024

Israel-Iran war leads to disrupt India’s plan to upgrade Chabahar Port in Iran

Foreign Ports, International Shipping, Logistics, Maritime, Trending News
CHABAHAR : Escalation of the Iran-Israel conflict has triggered tensions in India as it grapples with the prospects of rising oil prices and freight charges, restricted air/sea-routes, disruption of trade and supply chains. The
October 4, 2024

Houthi drone slams into ship, missile hits another in Red Sea attacks

International Shipping, Global Trade, Maritime, Ocean Attack, Trending News
DUBAI : Yemen’s Houthi rebels launched an explosive-loaded drone that crashed into one ship Tuesday in the Red Sea and a missile that exploded against another. The first attack took place some 110 kilometers
October 4, 2024

US port workers and operators reach deal to end East Coast strike immediately

Port Strikes, Foreign Ports, International Shipping, Trending News
NEW YORK : U.S. dock workers and port operators reached a tentative deal that will immediately end a crippling three-day strike that has shut down shipping on the U.S. East Coast and Gulf Coast,
October 4, 2024

U.S. East Coast Dockworkers’ Strike – Key Insights for Container Traders and Leasing Companies

Container, Export - Import, Foreign Ports, Global Trade, International Shipping, Shipping Line, Trending News
NEW YORK : At 12:01 a.m. on October 01, 2024, the International Longshoremen’s Association (ILA) initiated a strike that has led to the closure of U.S. East Coast and Gulf Coast ports, disrupting the
October 4, 2024

Hapag-Lloyd chosen 2 Chinese yards for boxships

International Shipping, Ship Building, Trending News
HAMBURG : Hapag-Lloyd has selected two Chinese yards for its next fleet expansion, orders that total $5.25bn if all options are exercised, making it one of the largest containership orders in history. The German
October 4, 2024

E-Fuels projected to be available for next Zero Emission Maritime Buyers Alliance (ZEMBA) Tender

Fuel, Global Trade, International Shipping, Maritime, Shipping Line, Trending News
LONDON : A new report released by the Zero Emission Maritime Buyers Alliance (ZEMBA) and Lloyd’s Register Maritime Decarbonisation Hub found that e-fuel-powered shipping services are projected to be available for ZEMBA’s next tender. Specifically, the report – which summarizes
October 4, 2024

Gulftainer strengthens partnership with South China’s Freight Forwarders

International Shipping, Company, Logistics, Trade, Trending News
SHARJAH : Gulftainer, a leading international ports and terminals operator and supply chain and logistics solutions provider, organised a meeting with key traders and freight forwarders in Shenzhen on 22 September 2024 during the
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