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August 23, 2024

MSC’s market share now nearly 20%, Maersk under pressure

International Shipping, Shipping Line, Trending News
GENEVA : MSC now has a market share of nearly 20% in the container the shipping industry, an all-time high for any liner operator. According to Alphaliner, MSC has added at least 400,000 TEUs
August 23, 2024

X-Press Feeders Expands Europe’s First Green Methanol-Powered Feeder Network with the Launch of Green Baltic X-PRESS

International Shipping, Feeder Operator, Shipping Line, Trade, Trending News
ROTTERDAM : X-Press Feeders, the world’s largest independent common carrier, today announced the launch of its second green methanol-powered route, the Green Baltic X-PRESS (GBX). It is part of Europe’s first scheduled feeder network
August 23, 2024

Saudi Red Sea Authority and King Abdullah University of Science and Technology sign an MoU

International Shipping, Coastal Shipping, Technology, Tourism, Trending News
RIYADH : The Saudi Red Sea Authority (SRSA) has signed a Memorandum of Understanding (MoU) with King Abdullah University of Science and Technology (KAUST) to explore aspects of cooperation in biodiversity sustainability, support for
August 23, 2024

Wallem Group’s ESG report shows growing commitment to sustainable maritime practices

International Shipping, Maritime, Ship Recycling, Shipping Line, Technology, Trending News
HONG KONG : Wallem Group, a leading global maritime partner, has released its Environmental, Social and Governance (EGS) report, reinforcing its commitment to safe, sustainable and responsible practices across its ship management, ship agency
August 22, 2024

PSA BDP launches carbon dashboard for sustainability targets

International Shipping, Trade, Trending News
SINGAPORE : Logistics and supply chain provider PSA BDP has launched a Carbon Dashboard data service that will help shippers to measure their freight carbon emissions accurately. PSA BDP said the product helps companies
August 22, 2024

Yang Ming declares general average after YM Mobility fire at Ningbo Port

International Shipping, Foreign Ports, Maritime, Trending News
NINGBO : On 9 August 2024, a fire occurred near the bow of the YM Mobility at the Port of Ningbo. In response, Yang Ming declared General Average on 18 August 2024, to protect
August 22, 2024

Sinolines introduces new North China-Philippines service

International Shipping, Shipping Line, Trending News
SHANGHAI : Sinotrans Container Lines (Sinolines) is launching a new service between north China and the Philippines The new brand North China – Philippines (NCP) service operate on three weeks rotation with three vessels
August 22, 2024

Oil tanker on fire and adrift in Red Sea after multiple attacks

Tanker, International Shipping, Maritime, Trending News
HUDAYDAH : A Greek-owned and flagged oil tanker is on fire and adrift in the Red Sea after a series of attacks, British and Greek authorities say. The oil tanker MV Sounion was first
August 22, 2024

Methanol Institute granted Consultative Status at International Maritime Organization

International Shipping, Maritime, Trending News
LONDON : The Methanol Institute (MI) has been granted consultative status by the International Maritime Organization (IMO). Consultative status is reserved for non-governmental, international organizations that have the capability to make a substantial contribution
August 22, 2024

Product tanker contracting hits 18-year high after 17% rise year on year

Tanker, International Shipping, Trending News
LONDON : “During the first seven months of this year, 194 product tankers larger than 10k deadweight tonnes (DWT) have been contracted with a combined capacity of 13.3m DWT. This is a 17% increase
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