Maersk sued over 2021 cargo loss
COPENHAGEN : Danish shipping line Maersk is facing a $5.8 million lawsuit over the loss of containers from the Maersk Eindhoven in 2021. The lawsuit was filed last by the insurer for
Egypt’s Suez Canal fees set to rise
CAIRO : Fees for transiting the Suez Canal are set to rise by 15% for most vessel types from the 15 January 2024 with some exemptions for container
Thai government to start national container shipping line
BANGKOK : In order to promote maritime trade, the Transport Ministry of Thailand is going to establish a national shipping company, according to Bangkok Post’s report. Thailand’s Deputy
Port of the Future: Automation’s Role in Efficiency with Jassper Shipping
SINGAPORE : In today’s rapidly evolving digital landscape, automation and artificial intelligence (AI) are driving profound changes across numerous sectors, and the marine shipping industry is no exception.
DP World and Standard Bank conclude US$365 million facility agreement
DUBAI : DP World has extended its long-standing partnership with pan-African bank, Standard Bank, by concluding a US$365.1 million facility agreement. This agreement aims to support its logistics
Israel-Hamas war: 10% of Ashdod Port staff recruited by Israeli army, first war-related surcharges a
JERUSALEM : Israel’s Ashdod Port, one of the largest ports of the country and a crucial asset for the national economy, is continuing to operate normally despite the
It may be stormy 2024 as shipping lines plan freight increases : Xeneta
HAMBURG : Supply chains around the world could be at serious risk amid expected increases in the cost of ocean freight shipping during 2024. Oslo-based Xeneta has carried
MSC updates regarding the situation in Isreal
GENEVA : MSC continues to monitor and assess the developing situation in Israel to ensure the safety of its personnel and minimize disruption to customer supply chains. Currently,
NYK launches sixth LNG-fueled Pure Car and Truck Carrier
TOKYO : NYK’s sixth LNG-fueled pure car and truck carrier (PCTC), Sumire Leader, has started its transportation service for Mazda Motor Corporation (Headquarters: Aki District, Hiroshima Prefecture; Representative
Evergreen line declares force majeure on Israel shipment -customer note
TAIWAN : Taiwanese container shipping line Evergreen has declared force majeure on a shipment to the Israeli Port of Ashdod, with its Ever Cozy vessel diverted to Haifa
