SINGAPORE / TAIPEI : TS Lines, a leading intra-Asia container carrier, has announced the signing of a shipbuilding agreement with Fujian Mawei Shipbuilding for the construction of two firm 2,900-TEU container vessels, with options
LONDON: Drewry’s World Container Index remained stable at $1,852 per 40ft container last week. Drewry’s detailed assessment for Thursday, 20 Nov 2025 Ocean spot market freight rates against 6,700 global port pairs If you
LONDON: The Baltic Exchange’s Dry Bulk Sea Freight index, which monitors rates for vessels moving dry bulk commodities, rose to a nearly two-year high on Friday and was on course for a weekly gain,
COLOMBO : A senior delegation from Hapag-Lloyd recently visited the Sri Lanka Ports Authority (SLPA) to strengthen ties and explore opportunities for further cooperation. The delegation included Mr Christiaan Goeman Borgesius, Senior Director –
ABU DHABI : Abu Dhabi’s ports, logistics, and trade group AD Ports Group signed a deal with France-based container major CMA CGM Group to expand their joint container terminal at Khalifa Port, less than
HONG KONG: Global leaders from the shipping world have converged for Hong Kong Maritime Week (HKMW) 2025, the ninth edition of the week-long series of events (November 16-22) held under the overarching theme of “Navigating to
BALTIMORE : A single loose wire on the M.V.Dali, a 300-metre (984ft) container ship, was responsible for the deadly collapse of the Francis Scott Key Bridge in Baltimore last year, according to a months-long
SINGAPORE: The Global Centre for Maritime Decarbonisation (GCMD), AIM Horizon Investments and their partners today announced the successful closing of the Fund for Energy Efficiency Technologies (FEET), securing total commitments of up to USD 35M,
HANOI : Party General Secretary To Lam met Vincent Clerc, Chief Executive Officer of Denmark’s A.P. Moller – Maersk, in Hanoi on Tuesday 18 November to discuss future cooperation and new investment opportunities in
CAIRO : The Chairman and Managing Director of the Suez Canal Authority, Ossama Rabiee, said on Saturday that the Suez Canal is ready to receive mega container ships. The authority confirmed that the Canal