US fees on China-based ships to cause unintended consequences – Analyst
LONDON : The US Trade Representative’s (USTR) proposal to charge up to $1.5 million to Chinese-owned ships entering US ports could cause severe congestion and delays to supply
Drewry’s Intra-Asia Container Index down 8%
LONDON : Drewry’s Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, decreased 8% in the fortnight to 28 Feb 25 to $615 per
Maersk names its 11th dual-fuel Methanol vessel ‘Albert Maersk’ in Mumbai
As the Godmother, State Minister Raksha Khadse christens the vessel during Maersk’s first-ever name-giving ceremony in India at APM Terminals Mumbai MUMBAI : A.P. Moller – Maersk celebrated
Klaipėda Port Authority to invest more than EUR 300 million for Klaipėda Port infrastructure to st
KLAIPEDA : Klaipėda Port Authority is steadfastly moving forward with the implementation of the Port’s vision to become an innovative hub for port services, the maritime industry, and
Egypt signs Maritime Recycling Partnership with A.P. Moller – Maersk
CAIRO : The Holding Company for Maritime and Land Transport, Egypt has signed a memorandum of understanding (MoU) with A.P. Moller-Maersk A/S to enhance cooperation in responsible ship
Drewry’s World Container Index down 6% this Week
LONDON : For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. If your organisation is considering index-linked contracts or requires regional
Baltic Index logs second straight Weekly gain on Higher Capesize Demand
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels carrying dry bulk commodities, gained on Friday and registered its second consecutive weekly
PSA Singapore celebrates 10 Million TEU milestone at Tuas Port
SINGAPORE : PSA Singapore has reached a new milestone: Tuas Port—the world’s largest fully automated container terminal—has handled 10 million TEUs since operations began in September 2022! This achievement
Bahri plants its flag in Singapore with a new office
SINGAPORE : Bahri, a leading global logistics and transportation company, has strategically expanded its international presence with the opening of a new office in Singapore. This initiative is
US proposal to penalize Chinese Ships may impact Indian Trade
NEW DELHI : Indian Shipping trade stands to face significant disruption if the US proceeds with its plan to impose hefty port fees on Chinese-owned ships and vessels