SINGAPORE : SeaLead, a fast-growing global shipping line, is set to relaunch its Far East India Express 2 (FIX 2) service, enhancing connectivity between Central China and West India. The service’s inaugural journey is
SHANGHAI : COSCO SHIPPING Logistics and Supply Chain Management recently solidified a strategic alliance with Bosch (China) by signing a memorandum of understanding in Chongqing. This agreement paves the way for creating a strategic
SHANGHAI : On 29 August 2024, COSCO SHIPPING Heavy Industry and COSCO SHIPPING Container Lines signed a contract in Shanghai for the construction of twelve 14,000 TEU container ships featuring dual-fuel methanol propulsion. This
SINGAPORE : Ocean Network Express (ONE) announced the launch of its new weekly services—“Gulf Asia Liner Express (GLX),” “Central China Middle East Express (CMX),” and “South China Middle East Express (SMX)”—which will connect East
EGYPT : Implementation of the Panama Canal Authority’s (ACP) new long- term slot allocation (LoTSA) system has been delayed until 1 October, except for LNG and LPG tankers. The new LoTSA for Neo-Panamax vessels
RIYADH : Under the patronage of HRH Prince Khalid Al-Faisal bin Abdulaziz, adviser to the Custodian of the Two Holy Mosques and Governor of the Makkah Region, and in the presence of HE Eng.
ABU DHABI : Competition for shipping container traffic is intensifying as new trade agreements and alliances, geopolitical strife, supply chain constraints, and the growing economic power of the Global South alters long-established maritime routes.
TOKYO : ClassNK has classed the ammonia-fueled tugboat ‘Sakigake’ completed by Nippon Yusen Kabushiki Kaisha (NYK Line) and IHI Power Systems Co., Ltd. as an ammonia-fueled vessel. This is the world’s first ammonia-fueled vessel
SINGAPORE : The Baltic Exchange, in collaboration with Xinhua News Agency, proudly announces the release of the 2024 Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report. This annual report, now in its 11th year,
COPENHAGEN : Maersk’s latest Asia Pacific Market Update paints a picture of resilient global trade despite economic challenges. The report highlights a robust global economy with 2.6% projected GDP growth for 2024, driven by U.S. expansion