May 8, 2024
March 19, 2026
May 8, 2024
Intermarine launches Intermarine Bulk Carriers and expands fleet by two vessels
NEW ORLEANS : Intermarine has thrived since its full integration into the SAL-Intermarine Group a year and a half ago. Specialized in liner services and project cargo, the company has built an excellent reputation
May 7, 2024
CMA CGM to strengthen and reshuffle its Africa lines – India Middle East Gulf services
MARSEILLE : CMA CGM announced the revamping of its India Middle East Gulf to and from South Africa, East Africa and Indian Ocean services. MIDAS 1: Coega will be added to the rotation offering
May 7, 2024
Maersk says Red Sea disruption could cut Asia-Europe capacity by 20%
COPENHAGEN : Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20% in the second quarter. Maersk and
May 7, 2024
Cosco Shipping launches world’s first battery-electric container ship
SHANGHAI : Chinese shipping giant COSCO Shipping launched the world’s first 10,000-DWT pure electric container ships, which it developed and constructed at the Heavy Industry Shipyard at Yangzhou. The ‘Green Water 01’ and its
May 7, 2024
Xeneta Shipping Index (XSI®): Long term rates edge up globally as Red Sea conflict continues to cast uncertainty across the market
OSLO : Ocean freight container carriers are treading a fine line between risk and reward during new contract negotiations as the market remains gripped by uncertainty in the Red Sea, according to new data
May 7, 2024
Taylor Smith Shipyard announces cooperation agreement with Nouum Engineering
CAPE TOWN : South African Nouum Engineering, a leading provider of diesel engine services for marine, power, locomotive and generators globally and Mauritius-based ship repair and conversion yard Taylor Smith Shipyard have signed a
May 6, 2024
Houthis may strike more ships beyond Red Sea: Bad news for Indian exports?
NEW DELHI : In what could prove to be bad news for Indian exporters, Yemen’s Iranian-backed Houthis are extending their attacks on merchant shipping hundreds of miles out into the wider Indian Ocean, with
May 6, 2024
Crew of MSC Aries released, claims Iran
TEHRAN : All the Indian sailors on board the Portuguese flagged vessel MSC Aries have been released, the Iranian Foreign Ministry announced on May 3. This information was shared by Iran’s Foreign Minister Hossein Amirabdollahian in a
May 6, 2024