LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a fourteenth consecutive session on Tuesday as rates for the larger vessel segments slipped. The
TOKYO : ClassNK has granted approval to the basic design drawings of a multi-purpose container carrier developed by Nippon Yusen Kabushiki Kaisha (NYK Line) utilizing 3D models. This milestone marks the world’s first ocean-going
COPENHAGEN : AP Moller-Maersk will resume Panama Canal transits on an east-west service that was suspended because of low water levels. Panama Canal increases transits again as Red Sea still in crisis. It will
HAIFA : Israeli ocean carrier ZIM received the 15,248 TEU container ship ZIM Mount Vinson on 3 April, the last unit in the series of 10 same-size vessels built by Samsung H.I. for Seaspan.
MARSEILLE : French container carrier CMA CGM has unveiled updated Freight All Kinds (FAK) rates, effective from 15 April (loading date), until further notice from Asia to North Europe. 20’GP 40’GP/40’HC/40’REEFER Asia to North
COPENHAGEN : Maersk has announced updated and new peak season surcharges from Indonesia, Malaysia and Singapore to several African destinations. Maersk will increase its Peak Season Surcharge (PSS) for shipments from Indonesia, Malaysia and
COLOMBO : In a landmark move, the Hambantota International Port (HIP) commenced its inaugural container transshipment service operated by the Mediterranean Shipping Company (MSC). MV ‘MSC Ingrid’ made her maiden call at HIP on
NEW YORK : The United States (US) said it would consider revoking its recent label of Yemen’s Houthis as terrorists if the Iran-backed militants cease their shipping attacks in and around the Red Sea.
SANAA : Two of MSC vessels and a boxship owned by UK tonnage provider Borealis Maritime were hit by Houthi missiles in the Red Sea on 6 April, as the rebels restarted attacks after
LONDON : UK Maritime Minister Lord Davies recently unveiled in Wales the bidding process for the £1.5 million (~$1.89 million) funding aimed at setting up zero-emission shipping routes to and from the United Kingdom.