LONDON : The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the coming month. The vessel types include
TOKYO : ClassNK has released its annual report on Port State Control (PSC). The report is prepared to enhance awareness of the present state of PSC and improve future onboard maintenance and inspections as
COPENHAGEN : Maersk CEO Vincent Clerc has said that the coming months will be challenging for carriers and businesses alike, as the Red Sea situation stretches into the third quarter of 2024. Speaking at
GENEVA/ABU DHABI : AD Ports Group, one of the world’s leading facilitators of global trade, logistics, and industry, and the International Trade Centre (ITC), the joint agency of the United Nations and the World
COPENHAGEN : Danish container shipping giant Maersk is no longer interested in acquiring German logistics company DB Schenker, according to Reuters, due to possible future integration challenges. DB Schenker’s mother company Deutsche Bahn launched a
TOKYO : ClassNK has issued an Approval in Principle (AiP) for a design concept of the hydrogen-fueled engine compatible 5,000KL oil tanker with electric propulsion system developed by UYENO TRANSTECH LTD., YANMAR POWER TECHNOLOGY
SINGAPORE : Consort Bunkers Pte. Ltd., ClassNK, Yanmar Asia (Singapore) Corporation Pte Ltd, and Taiko Asia Pacific Pte. Ltd. have signed a Memorandum of Understanding (MOU) to accelerate towards introduction of more bunkering ships
OSLO : Marlink, the leading managed services provider of business-critical ICT solutions, has closed the 100% acquisition of Diverto, a pioneer in the provision of advanced IT and OT security solutions for enterprise and
ROTTERDAM : Beginning 1 October 2024, container shipments from Africa, the Middle East, India, and Pakistan must utilize the Secure Chain system at the port of Rotterdam. Major shipping lines will cease issuing PIN
HAMBURG : Hapag-Lloyd announced that a General Rate Increase (GRI) will be implemented for all cargo in dry and reefer containers from the South America East Coast to North America, Mexico, Central America, and