COPENHAGEN : Maersk has resumed the process of liquating its Russian subsidiary, Maersk LLC (St. Petersburg), as part of its final steps of exiting the country. According to a notice published Friday by the
BALTIMORE : The Chief ag negotiator in the Office of the U.S. Trade Representative says the first container ship has made it through the Port of Baltimore. A bridge collapse at the end of
TAIPEI : Evergreen Marine Corporation and COSCO Shipping Lines will replace 13,000 TEU vessels with 20,000 TEU ships on their jointly operated Far East-Mediterranean service. The 20,000 TEU ships will be deployed from the
COLOMBO : The Sri Lanka Ports Authority (SLPA) has reported a record 48 per cent year-on-year (YoY) rise in container volumes in the first quarter (Q1 2024). The total grew from 441,032 to 652,766
RIYADH : Saudi Red Sea Authority (SRSA) has signed a memorandum of understanding (MoU) with NEOM. Under the terms of the agreement, the two parties will collaborate to develop legislation, regulations and technology in
SUFFOLK : The world’s joint-largest cargo ship has docked at Britain’s biggest and busiest container port, MSC Loreto arrived at the Port of Felixstowe here, from Le Havre in France on 30 April. Measuring 1,300ft,
ROTTERDAM : Green Award Foundation proudly announces that the Chemical Challenger, a chemical tanker operated by Chemship, has become the first vessel to receive the prestigious Green Award GHG Label for CO2 reduction through
COPENHAGEN : A.P. Moller – Maersk (Maersk) delivered a first quarter in line with expectations showing a strong recovery in earnings compared to the fourth quarter of 2023. Results were driven by a good
MARSEILLE : French Ocean Carrier CMA CGM has notified its customers of a forthcoming Peak Season Surcharge (PSS) effective from 15 May until further notice. The surcharge will be applicable for shipments originating from
DUBAI : As global supply chains face disruptions due to the ongoing challenges in the Red Sea, DP World has introduced a new solution to address critical raw material shortages affecting Turkish importers across