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SHIPPING: Asia-US container rates flat to higher as capacity reduction offers support

LONDON : Rates for shipping containers were stable to higher this week as carriers have reduced capacity by 4-5% along the trade route amid...

World’s First Biomethanol-powered Crew Transfer Vessels delivered

TOKYO : Northern Offshore Services (N-O-S), a subsidiary of Northern Offshore Group (NOG), an NYK Group company that operates crew transfer vessels in the...

Fast-growing MYCRANE wins Startup of the Year at Construction Technology Awards

DUBAI : MYCRANE, the first global platform for online crane rental, has been named Startup of the Year at the Construction Technology Awards, held...

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade at Northwestern University

PANAMA CITY : The Panama Canal Administrator, Dr. Ricaurte Vásquez Morales, delivered the 43rd Annual William A. Patterson Distinguished Transportation Lecture, this week, in...

Breakbulk cargo finds a place on container ships

GOTHENBURG : Even though container ships are primarily designed to transport standard containers, they can also accommodate breakbulk cargo, items that exceed the limitations...

Better safeguarding measures are needed to support Cadets at Sea

Cadets are increasingly struggling to complete their cadetships due to a shortage of available placements onboard. In some instances, this scarcity has reportedly led to...

ClassNK publishes first guidelines to include SMS Simplification

TOKYO : ClassNK, one of the world’s largest classification societies, has released Prime Shipmanagement Guidelines. This 59-page document offers practical steps to improve ship management....

AD Ports Group Begins 2025 on a Strong Note with Q1 Revenue Increasing 18% and Total Net Profit 16%

ABU DHABI : AD Ports Group (ADX: ADPORTS), an enabler of integrated trade, transport, industry, and logistics solutions, today announced its financial results for...

CMA CGM expresses keenness to fully return to the Suez Canal

ISMALIA : The Suez Canal Authority (SCA) engaged with major shipping lines, ship owners, and maritime agencies following recent security developments in the Red...

Shippers unlikely to return quickly to Red Sea after ceasefire

NEW YORK : Major shipping companies are likely to take their time before fully resuming transits through the Red Sea, waiting to see if...

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