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ClassNK issues World’s First Approval in Principle (AiP) for LCO2/Methanol Carrier developed by Mitsubishi Shipbuilding and MOL

TOKYO : ClassNK has issued an approval in principle (AiP) for a LCO2/Methanol Carrier jointly developed by Mitsubishi Shipbuilding Co., Ltd. and Mitsui O.S.K....

India’s ban on ships carrying Pakistani cargo hits shipping costs, delays freight: Report

NEW DELHI : India's ban on ships carrying Pakistani goods from anchoring at its ports has increased freight charges and transit time, according to...

Maersk launches “Maersk Trade & Tariff Studio” helping global supply chains navigate tariff volatility and complexity

COPENHAGEN : A.P. Moller - Maersk announces the launch of “Maersk Trade & Tariff Studio”, a new digital solution designed to help global cargo...

Gulf Shipping costs drop as Israel-Iran ceasefire holds

LONDON : Shipping costs for the Gulf have fallen in the past two days after a ceasefire was reached between Israel and Iran, although...

Xeneta: Container Rates drop dramatically on Transpacific trade

OSLO : Market average on the Transpacific trade from Far East to US West Coast has fallen dramatically since the spike on 1 June....

Queen Mary of Denmark visits APM Terminals Apapa during Nigeria tour

APAPA : Queen Mary of Denmark on Wednesday visited APM Terminals Apapa as part of her official visit to Nigeria. Accompanied by the Danish...

Zelim’S ZOE bags British Safety Council Award for transforming Maritime rescue

EDINBURG : Zelim has won this year’s British Safety Council (BSC) Health and Safety Transformation Award for its AI-driven automatic man overboard (MOB) detection...

BIFA adds further customs modules to eLearning library

LONDON : The British International Freight Association (BIFA) has added new modules to the Bitesize eLearning programme that it launched earlier this year as...

Drewry: World Container Index down 9% last 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...

Baltic Dry index posts weekly loss as capesize rates fall

LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell on Friday, marking its second...
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