April 22, 2024
March 18, 2026
April 22, 2024
Arrival of larger ships at Chattogram Port speeds up cargo delivery, cuts transit time, cost
CHATTOGRAM : The number of containers and cargoes being handled at Chattogram Port, the country’s primary seaport, has surged in recent times, improving its trade efficiency, despite a decrease in the number of ship
April 22, 2024
Stormy weather disrupts Middle East supply chains network
DUBAI : Unusual weather across the Persian Gulf region have sparked serious concerns for ocean and air freight stakeholders, dealing another blow to supply chains already caught up in worsening geopolitical setbacks after the
April 22, 2024
Shipping industry on track to cut emissions : IMO Secy Gen
SINGAPORE : The Head of the International Maritime Organisation (IMO) is “very confident” that the shipping industry is on track to finalise by next year how it will reach goals to reduce greenhouse emissions.
April 22, 2024
‘World’s first’ ammonia dual-fuel Aframaxes ordered by MISC
KUALA LAMPUR : Malaysia’s shipowner MISC has ordered and chartered out, via its petroleum arm AET, ‘the world’s first’ two ammonia dual-fuel Aframaxes. AET signed the shipbuilding contracts for these two vessels with Chinese
April 22, 2024
Liner shipping’s EU policy prorites for a sustainable, competitive, and secure maritime sector – World Shipping Council
WASHINGTON D.C. : The World Shipping Council (WSC) is calling on the EU to design policy frameworks that facilitate the essential role of shipping in a globally connected economy and to forge the path
April 22, 2024
Eureka Shipping announces construction of new cutting-edge cement carrier for Great Lakes Trade
NORWAY : Eureka Shipping, a leading provider of sustainable, high-efficiency cement carrier services jointly owned by SMT Shipping and The CSL Group, is pleased to announce the construction of a state-of-art mechanical/pneumatic cement ship
April 22, 2024
Baltic index hits over 3-week high as vessel rates climb
LONDON : The Baltic Exchange’s dry bulk sea freight hit a more than three-week high on Thursday, driven by robust demand across all vessel segments. The overall index, which factors in rates for capesize,
April 20, 2024
PIL posts US$277.6 million earnings for FY2023, expects to stay profitable in FY2024
SINGAPORE : Container carrier Pacific International Lines (PIL) posted US$277.6 million in net profit for FY2023 – about 10 per cent of its FY2022 earnings of US$3 billion – as freight rates tumbled. PIL’s
April 20, 2024