August 14, 2024
May 10, 2026
August 13, 2024
Fire breaks out on MSC container ship in Colombo
COLOMBO : Firefighters of the Sri Lanka Ports Authority (SLPA) Fire Brigade successfully extinguished the fire that broke around 00,30 hours on Sunday in the container vessel MSC Capetown III at the Port of Colombo. A sudden
August 13, 2024
MSC returns to Chinese shipyard with new order for 12 LNG-powered boxships
GENEVA : The latest shipbuilding cooperation between MSC and Zhoushan Changhong follows previous contracts for ten 11,400 TEU and ten 10,300 TEU LNG-powered containerships. What is more, the Chinese shipyard has officially entered the ultra-large dual-fuel containership construction
August 13, 2024
PSA acquires Polish Intermodal Operator Loconi International
SINGAPORE : PSA International (PSA), through its subsidiary PSA Baltics N.V., has signed an agreement to acquire an 85 per cent majority stake in Loconi International S.A. (Loconi), one of Poland’s leading intermodal operators,
August 13, 2024
Mawani announces new shipping service to boost Saudi Arabia’s connection to China & India
RIYADH : The Saudi Ports Authority (Mawani) announced on Sunday the addition of the “Milaha Gulf Express 2″ (MGX-2), affiliated with the Qatari Navigation Company (Milaha), as a new shipping service to the King
August 13, 2024
Wilson Sons and Vale set up a docking collaboration for seven vessels at the company’s shipyards in Guarujá, Port of Santos
RIO DE JANEIRO : A leader in port and maritime logistics in Brazil, Wilson Sons signed a contract with Vale (a leading producer of iron ore, pellets and nickel, operating on all five continents)
August 12, 2024
Even Suez Canal restart is No Silver Bullet for Container Shipping Turbulence, warns Lars Jensen
COPENHAGEN : Shippers should anticipate continued volatility in container shipping freight markets through 2025, with even the re-start of operations through the Suez Canal not guaranteeing immediate respite from disruptions and soaring freight rates,
August 12, 2024
New York Shipping Exchange recalibrates strategy amid global shipping challenges
NEW YORK : The New York Shipping Exchange has modified its operating strategy, responding to a significant shift in how customers contract for container shipments. Rather than focusing largely on drafting contracts, the over-the-counter exchange now
August 12, 2024
YM vessel explosion at Ningbo-Zhoushan Port raises serious safety concerns
NINGBO : A major explosion has occurred on a Yang Ming boxship while berthed at the port of Ningbo-Zhoushan in China in another incident that raises serious safety concerns. “This type of incident should never happen
August 12, 2024