ZIM sets floor for Transpacific contract container rates
HAIFA : Annual contracts are being negotiated between shippers and lines on the Transpacific container trade ZIM warns if rates are too low it will stop sailing. Container
MSC shatters records with delivery of second ultra large and World’s largest 24,346 TEUs, MSC
GENEVA : The world’s largest container shipping company MSC is delivering on its promise to inject massive vessel capacity into its fleet this year. Namely, the Swiss-based container
CMA CGM Group announced direct Bangladesh-India Gulf Express (BIGEX) Service
MARSEILLE : The CMA CGM Group, a global player in sea, land, and air logistics solutions, announced the launch of the new Bangladesh India Gulf Express (BIGEX) Service.
NYK creates history with sale of first vessel for green recycling
TOKYO : Nippon Yusen Kaisha (NYK) has sold its 1998-built multipurpose (MPP) vessel Kamo to PHP for recycling in line with the Hong Kong Convention for the Safe and Environmentally
ZIM reports 16% increase Y-o-Y annual revenues amid slight container decline
HAIFA : Israel-based container line ZIM Integrated Shipping Services has published its operating and financial results for the full year ending 31 December 2022. ZIM reported a year-on-year
Milaha’s Ordinary and Extraordinary General Assembly Meeting approved distribution of 35% Cash Div
DOHA : Qatar Navigation Q.P.S.C. (“Milaha”) held its Ordinary and Extraordinary Annual General Assembly Meeting virtually, on 12th March, at the Company’s headquarters, during which the Shareholders approved Ordinary
China remains most important partner for German seaports in container traffic
BEIJING : China remained the “most important partner” for German seaports in container traffic in 2022, accounting for more than one-fifth of the country’s container throughput, the Federal
Saudi Arabia signs IALA Convention
RIYADH : The Saudi Ports Authority (Mawani) has announced that the Kingdom has officially signed the Convention on the International Organization for Marine Aids to Navigation that transforms
IMO : Alternative fuel use – regulatory status mapped
LONDON : Ammonia, hydrogen, ethane and Dimethyl Ether (DME) are among the “alternative” marine fuels which may need future regulatory work. This assessment is the result of a
MSC receives largest container ship in the World
GENEVA : Shanghai-based Hudong-Zhonghua Shipbuilding (Group) built and delivered the largest container vessel in the world ‘MSC TESSA’ to Mediterranean Shipping Company (MSC). MSC Tessa has a container