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July 5, 2024

Drewry: Multipurpose Time Charter Index expected to increase further in July

International Shipping, Break Bulk Cargo, Maritime, Project Cargo, Shipping Line, Trending News
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
July 4, 2024

ClassNK releases Annual Report on Port State Control

International Shipping, Maritime, Trending News
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
July 3, 2024

Vincent Clerc speaks to ‘massive impact’ of the Red Sea situation on global supply chains

International Shipping, Shipping Line, Trending News
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
July 3, 2024

AD Ports Group and the International Trade Centre (ITC) sign a Strategic MOU for Cooperation to enhance the Trade Facilitation Initiatives Globally

International Shipping, Foreign Ports, Maritime, Trending News
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
July 3, 2024

Maersk withdraws from DB Schenker takeover – Will this clear path for DSV?

International Shipping, Logistics, Trade, Trending News
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
July 3, 2024

ClassNK issues approval in principle (AiP) for hydrogen-fueled engine compatible oil tanker

Tanker, Fuel, International Shipping, Maritime, Shipping, Trending News
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
July 3, 2024

Consort Bunkers, ClassNK, Yanmar and Taiko accelerate towards Alternative Fuel Bunkering with new MOU

International Shipping, Fuel, Maritime, Ship Bunkering, Trending News
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
July 3, 2024

Marlink Group boosts its cyber security offering with acquisition of Diverto

International Shipping, Maritime, Technology, Trending News
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
July 2, 2024

Box shipments from Africa, Middle East, India and Pakistan to be collected via Secure Chain in Rotterdam

Container, Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
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
July 2, 2024

Hapag-Lloyd increases rates worldwide

International Shipping, Shipping Line, Trending News
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
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