Courbevoie : Analyst Alphaliner outlines the current capacity shortages in the trades between Asia and Europe and in doing so also reveals the extent of the potential overcapacity that could affect the industry if
SINGAPORE : PSA Singapore has made significant strides in enhancing service route productivity on the Singapore Qinzhou Shuttle (SQS) Service. By optimising ship schedules and routes, PSA has maximised efficiency and effectiveness in operations,
LONDON : Global and European trade associations representing shippers, forwarders and vessel operators have issued an urgent alert to all businesses involved in the movement of goods into or via the European Union, Norway,
TEHRAN : India has asked Iran to release nearly 40 Indian seafarers who were detained from four different merchant ships seized by the Persian Gulf country over the past eight months on different charges,
HAMBURG : Hapag-Lloyd concluded the first quarter of 2024 with a Group EBITDA of USD 942 million(EUR 868 million). Compared to the same quarter of the previous year, the Group EBIT decreased to USD
SEOUL : South Korea’s major ocean carrier HMM achieved increased revenue and profits in the first quarter of the year. In particular, the company reported US$1.7 billion in revenue in the first three months
PHILIPPINES : International Container Terminal Services, Inc. (ICTSI) plans to build a new terminal in Bauan in Batangas. The new $800 million terminal will be the largest privately funded marine terminal investment in the Philippines’
SANNA : Following the announcement of the dissolution of the 2M Alliance the division of services was rapid, but since the beginning of this year the collaboration has regained momentum with an increase in
LONDON : Inmarsat Maritime, a Viasat company, has launched a new report Digital Wave: Transforming vessels into floating offices and remote homes. The report explores the growing importance of ‘always-on’ onboard connectivity as ships and
HAI PHONG : The largest-ever made-in-Vietnam bulk carrier was recently launched by Nam Trieu Shipbuilding Company Limited in the northern Port City of Hai Phong. The 65,000 DWT Truong Minh Dream 01 was built