LONDON : Attacks on ships in the Red Sea continue to push ocean freight rates higher, triggering warnings of inflation and delayed goods. To avoid strikes by Iran-backed
SHANGHAI : COSCO Shipping Energy Transportation, has recently finalized significant shipbuilding agreements, securing contracts for the construction of six new tankers valued at a total of $449 million.
TOKYO : ClassNK has released new features for its GHG Emissions Management Tool, “ClassNK ZETA (Zero Emission Transition Accelerator)”. ClassNK ZETA is a tool for visualizing GHG emissions and
MUMBAI : Indian exporters may continue to witness a rise in shipping costs as normalcy eludes the Red Sea region and freight companies continue to avoid the Suez
PUTEAUX (FRANCE): Airfreight demand is rising as a result of the Red Sea conflict impact on Suez Canal shipping, according to Bolloré Logistics. The international transport and logistics
LONDON : BIMCO’s Director of Contracts & Support, Stinne Taiger Ivø, has been appointed Deputy Secretary General at BIMCO from 1 January 2024. Ivø joined BIMCO in early
COPENHAGEN : Global schedule reliability has declined by 2.5 month-over-month (MoM) in November 2023 to 61.9 per cent. According to Sea-Intelligence’s issue 148 of the Global Liner Performance
ABU DHABI : AD Ports Group has signed a concession agreement with the Red Sea Ports Authority (RSPA) to develop and operate a new multi-purpose terminal at Safaga
NEW YORK : Yemen’s Iran-backed Houthis said on Wednesday they had “targeted” a container ship bound for Israel, a day after the US Central Command (CENTCOM) said the
ROME : Italian startup container line Kalypso has filed for bankruptcy following a collapse in freight rates and the disruption of its services to Israel, reported Italian media.
