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July 30, 2024

MSC reshuffles its Asia-Oceania Network

International Shipping, Shipping Line, Trending News
GENEVA : MSC is announcing the reshuffle of its Asia-Oceania Network aiming at offering customers operating businesses in China, Southeast Asia and Oceania, fast and reliable services to respond to their needs. The Wallaby service will
July 30, 2024

Ocean Network Express upgrades East Asian service

International Shipping, Shipping Line, Trending News
SINGAPORE : Ocean Network Express (ONE) has announced an upgrade to its Korea-Vietnam-Thailand (KVT) service. According to ONE, the enhancement of its KVT service includes using the MV Sawasdee Deneb v2418S, with an estimated
July 30, 2024

FMC rules shipments cannot be declined for commercial reasons, ignores box lines’ objections

Maritime, Global Trade, International Shipping, Trade
WASHINGTON : Despite major container lines’ objections, the US Federal Maritime Commission (FMC) has decreed that liner operators cannot use “business decisions” to refuse to move containers already booked. As per the Ocean Shipping
July 30, 2024

NYK Bulkship (Atlantic) installs NYK Group’s first wind-assisted ship-propulsion units

International Shipping, Foreign Ports, Trending News
TOKYO : NYK Bulkship N.V, an NYK Group Company, installed two wind-assisted ship-propulsion units on the bulk carrier NBA Magritte at the port of Rotterdam, the Netherlands, which is engaged in a long-term charter
July 29, 2024

Bahri’s profits soar by 48% in Q2 2024, boosted by higher shipping volumes

International Shipping, Logistics, Trending News
RIYADH : The National Shipping Company of Saudi Arabia (Bahri), listed on the Saudi Exchange, announced its financial results for the second quarter and first half of 2024. The shipping and logistics provider reported
July 29, 2024

Long vessel queue forms at Chattogram Port

International Shipping, Export - Import, Foreign Ports, Shipping Line, Trade, Trending News
DHAKA : A long queue of vessels has formed at the Chattogram Port’s outer anchorage, with berthing delayed by up to nine days, for container yards being acutely congested and operational disruptions resulting from
July 29, 2024

Saudi Red Sea Authority trains over 1,000 Nationals for Coastal Tourism market

International Shipping, Tourism, Trending News
RIYADH : Saudi Red Sea Authority (SRSA), in collaboration with the Ministry of Tourism, has implemented two pioneering initiatives that focuses on training human resources in luxury coastal resorts and travel agencies to meet
July 27, 2024

Worldwide Shipping companies focussing their attention to Kerala’s Vizhinjam Port

International Shipping, Global Trade, Maritime, Ports, Trending News
THIRUVANANTHAPURAM : The maritime world is abuzz with the recent developments at Vizhinjam Port, where some of the globe’s leading shipping companies are gearing up for operations. This southern Indian port is emerging as
July 27, 2024

CMA CGM reports strong quarter amid Geopolitical Tensions

International Shipping, Logistics, Shipping Line, Trade, Trending News
MARSEILLE : CMA CGM has reported robust demand for cargo shipping in its second-quarter 2024 results, despite ongoing geopolitical tensions. The company said it delivered a strong performance with increased cargo volumes, driven by
July 27, 2024

Drewry: World Container Index Down 2%

International Shipping, Container, Maritime, Shipping Line, Trade, Trending News
LONDON : Drewry’s World Container Index decreased 2% to $5,806 per 40ft container this week. The composite index decreased 2% this week to $5,806 per 40ft container following a period of continuous increases since
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