Container spot rates on a ‘likely recovery path’: HSBC
LONDON : Spot container freight rates have stabilised and HSBC Global Research notes sign of a recovery in its latest report. n its Global Freight Monitor HSBC noted
Container xChange : Box lines step up calls to Indian subcontinent and Middle East amid manufacturin
Shipping lines have been creating services in the Indian sub-continent and the Middle East as these regions are now creating hubs for manufacturers, and there is the infrastructure
The Singapore tanker Success-9 with its crew found safe off West Africa
The Singapore-registered tanker Success-9 boarded by pirates in the Gulf of Guinea has been found five days after it went missing and all the crew are safe. The
Maersk opens new Global Service Centres in Mexico and Brazil to better serve customers in the Americ
MEXICO CITY : The new Global Service Centres in the Americas will provide regional expertise to continue delivering a consistent and improved customer experience. A.P. Moller – Maersk
Maersk launches methanol-powered feeder to reduce carbon emissions
COPENHAGEN : Container shipping heavyweight Maersk has achieved a major milestone in its efforts to reduce carbon emissions with the successful launching of its first methanol-powered feeder vessel
ClassNK grants Innovation Endorsement Provider certification to FUKUJIN KISEN CO., LTD
TOKYO : Leading Classification Society ClassNK granted the Class C Innovation Endorsement Provider Certification to FUKUJIN KISEN CO., LTD, a ship owning company based in Ehime, Japan. ClassNK
GSBN completes PoC using confidential computing to transform global trade finance
Global Shipping Business Network (GSBN) completes a ground-breaking proof-of-concept (PoC) with the British multinational universal bank and financial services holding company HSBC to harness confidential computing technology through Decentriq
PIL’s independent Board of Directors visit new office at Guoco Midtown
SINGAPORE : PIL was pleased to welcome its Independent Non-Executive Board Directors to its new head office in Singapore at Guoco Midtown on 13 April 2023. Mr Ng
NYK certifies Ship-Recycling Facility in Bangladesh for Meeting Environmental, Safety, and Human Rig
DHAKA : NYK has certified PHP Ship Recycling Facility in Bangladesh for meeting NYK’s standards for ship-recycling measures pertaining to the environment, safety, occupational health, and respect for
NYK joins World Business Council for Sustainable Development
TOKYO : NYK has joined the World Business Council for Sustainable Development (WBCSD); headquarters: Geneva, Switzerland), a global community of business sectors to challenge sustainability issues. NYK President