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August 8, 2024

Maersk continues with fleet renewal plan

International Shipping, Shipping Line, Trending News
COPENHAGEN : In continuation of its fleet renewal programme initiated in 2021, A.P. Moller – Maersk is in the process of signing newbuilding orders and time-charter contracts for dual-fuel vessels matching the planned renewal
August 8, 2024

Iran releases all Filipino crew members from seized container ship MSC Aries

International Shipping, Maritime, Trending News
All Filipino crew members aboard the Portuguese-flagged MSC Aries, seized by Iranian officials, have safely returned home. The Philippines’ Department of Migrant Workers (DMW) confirmed the return of the final three Filipino crew members
August 8, 2024

Middle East Crisis: What could be the impact on the tanker market?

Tanker, International Shipping, Trade, Trending News
NEW YORK : Middle East tensions and a threat of war escalating is definitely on the cards, after recent events. But, unlike recent examples, it seems that this time around oil prices aren’t going
August 8, 2024

US volumes break 2.5 million TEU mark in July; Imports from China set record high

International Shipping, Export - Import, Global Trade, Trending News
WATERLOO : According to Descartes Systems Group’s latest Global Shipping Report, July container volumes into the United States were the third highest on record, eclipsed only by the first- and second-highest volumes in May
August 8, 2024

Ulsan Port Authority signs equity investment agreement to create publicly-led alternative marine fuel supply chain

International Shipping, Foreign Ports, Supply Chain, Trending News
SEOUL : Ulsan Port Authority (UPA) has announced that it signed an equity investment agreement worth US$17.6 million with Hyundai Oil Terminal Corporation on 1 August 2024, to establish  Korea’s alternative marine fuel supply
August 7, 2024

Wilson Sons recognised as most innovative companies in Brazil in 2024, according to a PwC survey

International Shipping, Company, Foreign Ports, Global Trade, Logistics, Maritime, Trending News
RIO DE JANEIRO : Wilson Sons, a leader in port and maritime logistics in Brazil, was recognized, for the second year running, as one of Brazil’s most innovative companies. According to the Valor Inovação
August 6, 2024

CMA CGM applies PCS in Gambia

International Shipping, Shipping Line, Trending News
MARSEILLE : French container carrier CMA CGM has announced a Port Congestion Surcharge (PCS) due to the current congestion in Banjul, Gambia. The surcharge will take effect on 15 August 2024 and 1 September
August 6, 2024

Wallem Group and COSCO enter strategic cooperation agreement

International Shipping, Maritime, Shipping Line, Trending News
HONG KONG : Wallem Group, a leading global maritime partner, is pleased to announce it has signed a strategic cooperation agreement with COSCO Shipping Seafarer Management Company to enhance the cooperation of both organisations.
August 6, 2024

SeaLead announces Key Management Transition in USA to accelerate business growth

International Shipping, Shipping Line, Trade, Trending News
SINGAPORE : SeaLead, a fast-growing global shipping line, on Monday announced the appointment of Mr. Mark Lee as Managing Director, SeaLead USA, at a time of continued growth and expansion in the region. Mr.
August 5, 2024

Trans-shipment charges at Vizhinjam lower than at Colombo Port 

Trending News, International Shipping, Maritime, Ports, Transhipment Port
THIRUVANANTHAPURAM : The charges for bringing in ships and goods to the Vizhinjam International Seaport have been announced. The rates are being determined after evaluating the GRD – Gross Registered Tonnage. The usual charges
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