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October 1, 2024

Höpen parts from Becker Marine Systems

International Shipping, Company, Maritime, Technology, Trade, Trending News
WINSEN (LUHE) : In September 2024 Höpen GmbH, a family holding, has ended its engagement at Becker Marine Systems and sold all its shares. As per its mission statement, Höpen GmbH will focus on
October 1, 2024

Baltic Index falls as rates decline across all vessels

International Shipping, Dry Bulk Shipping, Maritime, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Monday pressured by losses across all vessel segments. The overall index, which factors
September 30, 2024

U.S. East Coast port strike set to start Tuesday, union says

Export - Import, Foreign Ports, Global Trade, International Shipping, Logistics, Shipping Line, Trending News
NEW YORK : A port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the International Longshoremen’s Association (ILA) union said on Sunday, signaling action that could
September 30, 2024

Israeli army launches air raids on Yemen’s Ras Isa and Hodeidah

International Shipping, Foreign Ports, Global Trade, Maritime, Trending News
HODEIDAH : Israel’s military says it has launched a series of air raids on Houthi targets in Yemen, further heightening fears of a wider regional conflict in the wake of intensified Israeli attacks on
September 30, 2024

Freigt rates surge in FEU and TEU container market spreads key considerations for shippers

Container, Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
OSLO : Spiralling ocean container shipping freight rates dominate discussion in the wake of major events such as the Red Sea conflict – but beneath these easy-to-observe headline figures lie many layers of complex
September 30, 2024

ZIM announces new operational cooperation with MSC covering the strategic transpacific trade

International Shipping, Shipping Line, Trending News
HAIFA : ZIM Integrated Shipping Services Ltd. a global container liner shipping company, announced today that it has entered into a new long-term operational cooperation with Mediterranean Shipping Company (MSC) on the Asia – US East Coast
September 30, 2024

Jeddah Islamic Port : Anchoring Saudi Arabia’s  Vision 2030 and Global Trade  

Private Port, International Shipping, Trending News
JEDDAH : Jeddah Islamic Port, one of Saudi Arabia’s most vital maritime hubs, stands as a cornerstone of the Kingdom’s ambitious Vision 2030. Its strategic location on the Red Sea positions it perfectly as
September 30, 2024

Massive US dockworker strike could throw global supply chains into crisis next week

Export - Import, Foreign Ports, Global Trade, International Shipping, Shipping Line, Trending News
SYDNEY : Australia could be hit by disruptions from a severe global supply chain crisis, which looks likely to kick-off next Tuesday (01 October 2024). We might see a global shortage of shipping capacity
September 28, 2024

Laura Cristin Egerer named YLP Global Winner at 2024 FIATA World Congress

Customs, Associationn, Export - Import, International Shipping, Trade, Trending News
PANAMA CITY/LONDON : FIATA International Federation of Freight Forwarders Associations, together with TT Club, a leading provider of insurance and risk management services for the international freight transport sector, is excited to announce the
September 28, 2024

US East Coast port strike looms for first time since 1977 

Export - Import, Container Terminal, Foreign Ports, Global Trade, International Shipping, Logistics, Shipping Line, Trending News
NEW YORK : Thousands of dockworkers at every major in the US East and Gulf coast port are girding to strike starting early next week, threatening to close trade gateways that handle about half of all
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