May 25, 2024
March 19, 2026
May 25, 2024
Red Sea crisis: Container shortage & soaring shipping costs drive up cost of white goods
KIEL (GERMANY) : The ongoing conflict in West Asia, particularly in the Red Sea region has severely impacted global shipping, causing a significant increase in sea freight costs and disrupting the supply chains for
May 25, 2024
Global spot rates soar on Major Asia-Europe and Asia-US trades
LONDON : A combination of factors have combined to send global spot rates reaching for the skies onthe major trades out of Asia to Europe and the US according to Drewry Shipping Consultants’ latest
May 24, 2024
HMM’s methanol-powered ships to ply world’s first green shipping route
SEOUL : South Korea is pursuing an ambitious project to launch the world’s first green shipping route. And 9,000 TEU methanol-fueled container ships being built by the country’s flagship carrier HMM is expected to
May 24, 2024
CMA CGM announces ESS from the Middle East Gulf to worldwide
MARSEILLE : CMA CGM has announced an Emergency Space Surcharge (ESS/FRT59) effective from 5 June 2024, until further notice, applicable for shipments originating from the Middle East Gulf to North Europe (including Scandinavia, Baltic
May 24, 2024
MSC rotation change of Swan Service from Asia to North Europe
GENEVA : MSC has decided to revise the rotation of its Swan service, connecting Asia with North Europe and Scan Baltic regions. The rotation will now include the Port of Hamburg, providing a complementary
May 24, 2024
PSA unboXed Partners with Energy Storage Solutions Provider VFlowTech
SINGAPORE : PSA unboXed — the corporate venture capital arm of PSA International — has partnered with Singapore-based energy storage solutions provider VFlowTech. This strategic investment will allow PSA unboXed to tap VFlowTech’s expertise in energy
May 24, 2024
LR approves Seaspan Corporation’s innovative Next Generation Feeder Ship Design
HONG KONG : Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Seaspan Corporation for its innovative Next Generation Feeder Ship Design (render pictured). The vessel, measuring 198 m in length and developed
May 24, 2024
DHL’s new EV Center of Excellence in Shanghai to help companies in the electric vehicle ecosystem with their international expansion ambitions
SHANGHAI : DHL, the leading global brand in the logistics sector, has opened its latest electric vehicle (EV) Center of Excellence in Shanghai, China to support EV companies and its related sectors to grow
May 24, 2024