Container rate surge slows as Chinese New Year approaches
SINGAPORE : Container rate levels are seeing the expected levelling out prior to Chinese New Year as the initial shock of the Red Sea crisis wanes and new
DHL Global Forwarding Asia Pacific earns Top Employer status for the fifth consecutive year
SINGAPORE : DHL Global Forwarding, the freight specialist of DHL Group, has been certified as Top Employer in Asia Pacific for the fifth year in a row. Eight
2 ships with US Defence cargo attacked off Yemen; Qatar says gas shipping affected
YEMEN : Two American-flagged ships carrying cargo for the US Defence and state departments came under attack by Yemen’s Houthi rebels on Wednesday, officials said, with the US
ABB to acquire weather routing business to expand marine software portfolio
ZURICH : ABB announced it has entered into an agreement to acquire the shipping business of DTN Europe BV and DTN Philippines Inc. (hereinafter DTN Shipping), expanding the company’s
Tanker owners plead for Red Sea pass as missiles continue to fly
LONDON : Tanker trades are facing continued disruption for some time yet as more owners steer clear of the Red Sea. Ship tracking data suggests tanker traffic has
Chemfleet adds three ships to Berg energy efficiency upgrade after verifying 10% fuel savings
ISTANBUL : Specialized ship manager Chemfleet has confirmed that an in-service Berg Propulsion upgrade to control systems onboard the tanker YM Miranda has yielded fuel savings of around 10%. Trials
FIATA calls for global monitoring and coordination to facilitate maritime transport as Red Sea tensi
GENEVA : In the wake of mounting tensions in the Red Sea, FIATA has released a call to action for strengthened international dialogue and monitoring between governments and
Red Sea crisis hit India’s trade : Container Shipping line MSC and CMA CGM suspend key routes
CAPETOWN : Mediterranean Shipping Company S.A, the world’s largest container shipping line, has suspended two services from India, one destined for the U.S. and the other for the
Hapag-Lloyd enters Gemini in unfavourable position : Linerlytica
HONG KONG : Hapag-Lloyd is disadvantaged in Gemini Cooperation, the upcoming collaboration between the German operator and its Danish peer Maersk Line, according to Linerlytica, which opined, “Hapag-Lloyd
India’s sunoil imports to falter as Red Sea attacks lift freight costs
NEW DELHI : India’s sunflower oil imports are set to decline in coming months as a rally in prices, driven by a surge in freight rates, is prompting buyers to