CK Hutch Ports sale can be good for Beijing too
HONG KONG : Li Ka-shing’s Ports deal is shrewd in all respects except for the timing. Beijing has warned the Hong Kong tycoon’s CK Hutchison opens new tab against bypassing
New S&P Global Report: Liner Shipping supports $1.1 Trillion in U.S. GDP and 6.4 Million Americ
WASINGTON D.C. : New analysis from S&P Global, released Monday by the World Shipping Council, highlights the critical role of the liner shipping industry in the U.S. economy.
Baltic Index rises to three-week high as larger vessel rates firm
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index rose to scale an over-three-week high on Monday due to an increase in larger vessel rates. The main
OceanOpt and BetterSea Partner to Integrate FuelEU Pooling for Shipping Clients
DUBAI : OceanOpt, a provider of specialized emissions management services, and BetterSea, a provider of a FuelEU compliance platform and marketplace, on Monday announced a strategic partnership. This
AI not ready for engine monitoring and diagnostics ship condition
HAMBURG : Condition Monitoring Technologies (CMT) has cautioned against placing sole reliance on artificial intelligence in ship condition monitoring, warning that human expertise remains essential to ensure safety
CMA CGM acquires majority stake in South America’s largest container terminal
MARSEILLE : CMA CGM, a leading worldwide shipping company, has now become the controlling shareholder of Santo Brasil Participações S/A, after securing a 51% stake in the company.
Donald Trump : US ships should be allowed to travel through the Panama and Suez canals for free
WASHINGTON : US President Donald Trump said on Saturday that American military and commercial ships should be allowed to travel through the Panama Canal and Suez Canal free
Most shipping lines can avoid US Port fees but Cosco faces major challenge
BEIJING : Container lines would have had no choice but to pay enormous US Port fees under the draft proposal. The final decision should allow most liner operators
MSC adds three new LNG-fueled boxships to roster
JINGJIANG CITY : Chinese shipbuilder New Times Shipbuilding (NTS) has held a christening ceremony for three dual-fuel containerships powered by liquefied natural gas (LNG), which were constructed for
PIL names its first 8,200 TEU LNG Dual-Fuel Containership
SINGAPORE : Pacific International Lines (PIL) has named its first 8,200 TEU LNG dual-fuel containership, Kota Oasis. The vessel was named by Mrs Cindy Chang, wife of Mr.
