February 13, 2025
June 13, 2026
February 12, 2025
Regional container trade imbalances increase 33% : BIMCO
LONDON : “Since 2019, the global container market has grown 8%, ending at 183.2m TEU in 2024 according to Container Trade Statistics. However, growth has been very uneven and regional imbalances between exports and
February 12, 2025
Baltic index slips on lower capesize, panamax rates
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a second straight session on Tuesday, dragged down by weaker rates across capezise
February 11, 2025
Suez Canal Chief expects traffic recovery to start by end-March
EGYPT : Suez Canal Authority Chief Osama Rabie said he expects traffic through the Egyptian waterway to gradually return to normal by late March and fully recover by mid-year, as long as the Gaza
February 11, 2025
Asia-US container rates tick lower; shippers frontloading cargoes on tariff pause
LONDON : Rates for shipping containers from Asia to the US ticked lower this week, although they could see upward pressure from shippers pulling forward volumes ahead of the 30-day tariff freeze, while rates
February 11, 2025
Marsa Ocean Shipping aquires two new container vessels
DUBAI : Marsa Ocean Shipping, a Dubai-based feeder carrier, has expanded its fleet with the acquisition of two new container vessels, increasing its total number of ships to six. The newly acquired Marsa Ivy
February 11, 2025
African countries prepare to roll out net-zero shipping strategy : IMO
MOMBASA : African countries have mapped out practical measures they can take to advance the green transition of shipping on the continent, focusing on maritime governance, infrastructure development, and job creation. More than 200
February 11, 2025
Baltic index falls as larger vessel rates dip
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, retreated on Monday due to weaker larger vessel rates. The index, which factors in rates
February 10, 2025
Hapag-Lloyd adds ninth LNG dual-fuel 23,600 TEU giant to the fleet
HAMBURG : The newbuild was officially christened on February 4, 2025, at Hanwha Ocean’s Shipyard in Okpo, South Korea. Following the christening ceremony, Bangkok Express set sail on its maiden voyage to Busan. As
February 10, 2025