ZIM reports 769,000 TEUs in the first quarter of 2023
HAIFA : ZIM Integrated Shipping Services, a worldwide container liner shipping firm, has released its consolidated results for the three months ending 31 March 2023. Carried volume in
Global production of shipping containers piles up at major ports because of lack of demand for goods
LONDON : Global production of shipping containers has fallen significantly as demand for goods sank following the easing of pandemic restrictions, leaving the corrugated steel boxes piled up
World Shipping Council report: Reduction in containers lost at sea in 2022
WASHINGTON D.C. : In 2022, 661 containers were lost overboard, according to the annual report of World Shipping Council (WSC). This number represents less than one-thousandth of 1%
Bureau Veritas Solutions Marine & Offshore and ENGIE announce low-carbon advisory and risk manag
(NEUILLY-SUR-SEINE)FRANCE : Bureau Veritas Solutions Marine & Offshore, a technical advisory, asset management and assurance solutions organization, and ENGIE, a global industry leader in low-carbon energy supply and
Baltic index hits over two-month trough on lower rates across vessels
LONDON : The Baltic Exchange’s main sea freight index slumped to its lowest level in over two-months on Tuesday as rates across all vessel segments declined. The overall
MSC takes delivery of another sea behemoth, expanding the elite club of world’s largest ships
GENEVA : Chinese shipbuilder Hudong-Zhonghua Shipbuilding Group, in collaboration with China Shipbuilding Trading Co., Ltd. (CSTC), hosted a naming and delivery ceremony for the 24,000 TEU container vessel,
Hapag-Lloyd announces addition of Hazira Port to the rotation of MIAX Service
HAMBURG : Hapag-Lloyd has announced the addition of the Indian port of Hazira to the rotation of the Middle East India Africa Express (MIAX) Service. The German ocean
CMA CGM revises Peak Season Surcharge
MARSEILLE : French ocean carrier CMA CGM has announced the revision of a peak season surcharge (PSS) from the Indian Subcontinent, Middle East Gulf, Red Sea and Egypt
DP World launches direct freight service between UAE and Iraq
DUBAI : DP World, a leading provider of global supply chain solutions, has launched the first direct freight service between the UAE and Iraq to make the flow
PSA collaborate with Kazakhstan Railways to boost trade via the Trans-Caspian route
SINGAPORE : PSA International, a global provider of ports and supply chain solutions, and Kazakhstan Railways, the operator of the country’s primary railway network, have agreed to form