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July 24, 2024

Trade Tech revolutionizes Global Logistics with Real-Time Communication via Platform-Integrated Chat

International Shipping, Customs, EXPORT, Import, Logistics, Shipping Line, Trade, Trending News
SEATTLE : Trade Tech, Inc., a global logistics platform, introduces its latest update: a groundbreaking real-time chat capability built natively into its industry-leading global logistics platform. This new addition is set to reshape the
July 23, 2024

Israel strikes Houthi-controlled Port in Yemen after deadly drone attack on Tel Aviv

Maritime, Economy, Foreign Ports, International Shipping, Trade, Trending News
YEMEN : The Israeli Air Force struck the Houthi-controlled Port of Hodeida in western Yemen on Saturday, the military and local media said, a day after a drone launched by the Iran-backed group struck
July 23, 2024

Xeneta sees first crack in container carrier spot rate consensus

International Shipping, Maritime, Trending News
OSLO : With some 450 million data points Xeneta believes that it is well positioned to feel container shipping’s pulse and its latest information has shown a blip in the spot rate’s recent beat.
July 22, 2024

Port of Mombasa cargo volume rise as Dar es Salaam and Djibouti hit by congestion

International Shipping, Foreign Ports, Trade, Trending News
MOMBASA : The volume of the transit cargo handled through the Port of Mombasa has grown significantly on the back of the Kenya Ports Authority (KPA) renewed push to improve efficiency. Although Uganda, the
July 20, 2024

Houthis damage cargo ship in Gulf of Aden as it steps up attacks

International Shipping, Maritime, Shipping Line, Trade, Trending News
CAIRO : Yemen’s Houthi rebels hit and damaged a Singapore-flagged container ship with two missiles on Friday as they escalate attacks on global shipping over Israel’s war in Gaza. The overnight assault on the
July 20, 2024

Tussle between HMM and Samsung escalates

International Shipping, Maritime, Trending News
SEOUL : The legal wrangling between South Korea’s flagship carrier HMM and its compatriot conglomerate Samsung Electronics is deepening. After Samsung Electronics’ US branch filed a complaint with the US Federal Maritime Commission (FMC)
July 20, 2024

Washington State Ferries selects ABB as propulsion single source vendor for five new hybrid ferries

International Shipping, Maritime, Technology, Trending News
ZURICH : ABB has been awarded a contract by Washington State Ferries (WSF) to serve as the propulsion single source vendor (PSSV) for its groundbreaking new hybrid electric 160-auto ferries. This project marks a
July 19, 2024

CMA CGM and Google have partnered to pioneer AI-driven logistics

International Shipping, Global Trade, Logistics, Shipping Line, Trending News
MARSEILLE : French shipping and logistics company CMA CGM has signed a partnership with Alphabet’s Google to speed up deployment of AI solutions across its operations worldwide, the two companies announced on Thursday. CMA
July 19, 2024

The Global Centre for Maritime Decarbonisation concludes its final biofuel blend supply chain trial with Hapag-Lloyd

International Shipping, Maritime, Shipping Line, Trending News
SINGAPORE : The Global Centre for Maritime Decarbonisation (GCMD) has successfully completed its final supply chain trial for biofuel blended with very low sulphur fuel oil (VLSFO). This marks the end of a series
July 19, 2024

Suez Canal revenue drops as some shippers shun Red Sea

International Shipping, Maritime, Trending News
EGYPT : The Suez Canal‘s annual revenue dropped by almost a quarter in its latest financial year as some shippers switched to alternative routes to avoid attacks by Iran-aligned Houthis in the Red Sea.
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