March 18, 2026
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April 3, 2024

Ship owner of Baltimore Bridge collapse seeks $44 Million liability limit

International Shipping, Foreign Ports, Marine Insurance, Trending News
BALTIMORE : The owner of the ship that rammed into a bridge in Baltimore last week, killing six workers and throwing the eastern US transportation network into chaos, is seeking to limit its liability
April 3, 2024

Sri Lanka to probe hazardous cargo on MV Dali which collided with Baltimore bridge : Minister

International Shipping, Maritime, Shipping Line, Trending News
COLOMBO : Sri Lanka will investigate reported hazardous materials on board the cargo vessel that collided with a key Baltimore bridge last week, the state minister of environment told in Sri Lanka Parliament on Tuesday, insisting
April 3, 2024

Ocean Network Express hosts 3rd Container Shipping Summit

International Shipping, Trending News
SINGAPORE : Ocean Network Express (ONE) successfully hosted the 3rd Container Shipping Summit at Dejima, Nagasaki, on March 26, 2024, in collaboration with Anchor Ship Partners Co.,Ltd., The Juhachi-Shinwa Bank,Ltd., and Kozo Keikaku Engineering
April 3, 2024

Red Sea crisis nears boiling point, unable to heat up spot rates

International Shipping, Maritime, Trending News
YEMEN : Russian warships entered the Red Sea last Thursday, for what the Russian Pacific Fleet’s press service has stated was the performance of “assigned tasks within the framework of the long-range sea campaign.”
April 3, 2024

Red Sea crisis end to reignite container shipping challenges

International Shipping, Export - Import, Logistics, Shipping Line, Trade, Trending News
LONDON : Clarksons’ latest container shipping report said that weak “underlying” supply-demand fundamentals will materialise once the Red Sea disruption comes to an end. Boxship fleet growth is estimated at 9% this year, outpacing
April 3, 2024

Red Sea attacks to impact ship sailing speed: BIMCO

Export - Import, International Shipping, Logistics, Maritime, Shipping Line, Trade, Trending News
LONDON : BALTIC and International Maritime Council’s (BIMCO) latest report on the container shipping market highlights significant trends amid ongoing challenges due to the Red Sea attacks. Ship supply is set to grow by
April 2, 2024

AD Ports Group announces 2023 Annual Report

Logistics, Foreign Ports, Global Trade, International Shipping, Maritime, Ports, Shipping Line, Trade, Trending News
ABU DHABI : AD Ports Group, a leading facilitator of global trade, logistics, and industry, issued its 2023 Annual Report on April 1. The report highlights significant achievements for the Group that expanded its
April 2, 2024

Cosco Shipping Ports reports 4.4% YOY increase in total throughput for 2023

International Shipping, Global Trade, Logistics, Shipping Line, Trade, Trending News
SHANGHAI : Chinese state-owned ports logistics company Cosco Shipping Ports Limited reported a 5.8% year-on-year increase in profit for 2023, standing at USD 324.5 million. The company’s annual revenue reached USD 1,454.4 million, increased
April 2, 2024

CMA CGM halts operations at Haiti’s major port

International Shipping, Foreign Ports, Shipping Line, Trending News
MARSEILLE : Due to escalating security concerns in Haiti’s Port-au-Prince and its surrounding areas, CMA CGM has decided to suspend operations at the Lafito terminal until further notice. “Therefore, CMA CGM won’t accept bookings
April 2, 2024

Saudi ports enhance Red Sea connections with new NRS shipping service

International Shipping, Foreign Ports, Global Trade, Logistics, Shipping Line, Trade, Trending News
RIYADH : The Saudi Ports Authority, Mawani, has announced the addition of the new shipping service ‘NRS’ by Folk Maritime to Jeddah Islamic Port that aims to connect Saudi Arabia to various ports along
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