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Joint Statement at the conclusion of the State Visit of Prime Minister to the Kingdom of Saudi Arabia

"A Historic Friendship; A Partnership for Progress” JEDDAH : At the invitation of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown...

Hapag-Lloyd says 30% of China’s US bound shipments have been cancelled

DUESSELDORF : Hapag-Lloyd customers have cancelled 30% of shipments to the United States from China, spooked by the trade conflict between the world's two...

MSC partners and has placed order for six container ships with Hengli Heavy Industry

GENEVA : MSC Mediterranean Shipping Company, led by Soren Toft, has partnered with Hengli Heavy Industry for a new series of LNG dual-fuel megamax...

HMM plans to order more container ships

SEOUL : South Korea's flagship liner company, HMM, after increasing its fleet size by approximately 50% through another South Korean Shipping giant, SK Shipping,...

KMTC introduces new weekly service to Mexico, expanding Transpacific and Middle East connectivity

SEOUL : KMTC Line has unveiled a new weekly shipping service that will connect Asia with Mexico, slated to begin operations on April 30,...

International Chamber of Shipping highlights strategic role of Suez Canal amid industry’s shift toward sustainability

 ISMAILIA : The Suez Canal continues to stand as one of the most critical maritime corridors globally, reaffirmed Guy Platten, Secretary General of the...

Global shipping navigates Trump tariffs uncertainty

PARIS : Shifting trade announcements have led to unprecedented volatility in the global shipping industry in recent weeks, with industry players having to constantly...

Sallaum Lines selects Inmarsat NexusWave to drive fleetwide digitalisation strategy

LONDON : Inmarsat Maritime, a Viasat company, has signed an agreement with Sallaum Lines, a leading Roll-on/Roll-off (RoRo) cargo shipping company, to upgrade to...

Cargo theft report reveals rapidly shifting criminal tactics and emerging targets

LONDON : The BSI Consulting and TT Club 2024 Cargo Theft Report gives a detailed analysis of targeted commodities, prime locations for theft, regional...

Baltic Index gains on Stronger Vessel Rates

LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index rose on Wednesday to its highest level in more than a week, as rates...
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