Forwarder says lines creating “artificial demand”
LONDON : A European freight forwarder has accused the lines of creating “artificial demand” by blanking sailings and talking up a looming empty box crisis. The forwarder, who
Wallem Westminster partners with Adopt a Ship programme
MANILA : Wallem Westminster, Manila, is proud to partner with the IMO endorsed ‘Adopt a Ship’ programme (AaS). Working together with San Antonio Elementary School (SAES), Wallem Westminster’s
Hapag Lloyd hikes dry cargo rates from Canada to India and Middle East
HAMBURG : Hapag Lloyd has announced a general rate increase (GRI) from Canada West Coast to Middle East and the Indian subcontinent for dry cargo transported in 20TEU
Maersk diverting container service away from the Red Sea
COPENHAGEN : Danish Shipping Group Maersk is diverting its ME2 Container Service away from the Red Sea and Gulf of Aden, rerouting the vessels around the Cape of
CMA CGM adjusts NEMO service due to Red Sea crisis
MARSEILLE : Due to recent attacks on commercial vessels in the Red Sea Region, CMA CGM Group is introducing precautionary measures for the safety of its vessels and
Red Sea ‘scary’ for ships’ crews, says captain
LONDON : “The situation is quite scary. It’s dangerous actually,” Captain Chirag tells the BBC from on board his ship. Along with his crew, he’s worried about the ongoing
Wan Hai could replace Hapag-Lloyd in THE Alliance: Yang Ming ex-boss
SINGAPORE : Yang Ming Marine Transport’s Ex-Chairman Bronson Hsieh suggested to Taiwanese media that Wan Hai Lines could be a suitable substitute for Hapag-Lloyd in THE Alliance. Wan
Pakistan Ship’s Agents Association refuse to accept KPT as regulator
KARACHI : The ship agents came out with a hard-hitting response to the Karachi Port Trust chairman’s announcement to go tough against the shipping companies allegedly looting the
Red Sea crisis likely to dent India’s growth forecast, says BMI a unit of Fitch Group
NEW YORK : Amid rising hostilities in the Red Sea due to Houthi attacks, Fitch Group said South Asian economies would be most affected. They will experience the
NorthStandard adds office in South Korea to its Asian network
SEOUL : NorthStandard has announced plans to open a new office in South Korea, one year after establishing its combined Asia Pacific headquarters in Singapore. New base in