March 14, 2024
March 18, 2026
March 14, 2024
Mersin International Port Bags “Best Port of the Year” at International Consumer Quality Summit
ISTANBUL : Mersin International Port (MIP) clinched the “Best Port of the Year” Award for the first time at the 37th Annual International Consumer Quality Summit, held in Istanbul, Türkiye recently in February. Each
March 14, 2024
ZIM reports US$2.7 billion annual net loss amidst financial downturn
HAIFA : Israeli Ocean Carrier ZIM announced its results for the previous year, following the trend observed across major container lines, according to which the companies’ financial figures in 2023 are significantly lower than
March 14, 2024
Evaluation and financing is provided to IINO Kaiun Kaisha based on “Zero-Emission Accelerating Ship Finance”
TOKYO : Under Zero-Emission Accelerating Ship Finance (“the Program”), which is jointly operated by Development Bank of Japan Inc. (DBJ) and ClassNK, ClassNK evaluated the ammonia carrier “GAS INNOVATOR” (IMO No. 9958688), which was
March 14, 2024
Ships above 12,000 TEU drive 100% increase in average ship size : BIMCO
LONDON : “Since 2006, the average container ship has doubled in size to 4,580 TEU and ships with a capacity of more than 12,000 TEU has accounted for 51% of the fleet’s capacity expansion. Today,
March 13, 2024
Red Sea crisis continues; adverse impact on trade data will be visible in new fiscal : GTRI
NEW DELHI : The Red Sea crisis has become a major threat to global trade and its impact on trade volumes will become visible in FY25, according to a report released on Tuesday by
March 13, 2024
Bangladeshi ship ‘M.V. Abdullah’ hijacked by Somalian pirates
DHAKA : A Bangladesh flag carrier ship was hijacked by Somalian pirates in the Indian Ocean on 12 March, according to the owner of the vessel, Bangladeshi Kabir Steel and Rerolling Mill (KSRM) Group.
March 13, 2024
Ocean Network Express establishes new West Asia Regional Headquarters in Dubai
DUBAI : Ocean Network Express is pleased to announce the opening of its West Asia Regional Headquarters in Dubai. This strategic move aims to accelerate ONE’s growth and expand its presence in the rapidly
March 13, 2024
Red Sea crisis spurs surge in TEU capacity : Newbuildings fully absorbed
YEMEN : The total container ship capacity deployed on trades affected by the Red Sea crisis has increased by 1.26 million TEUs since October 2023, driven mainly by vessel diversions to the Cape of
March 13, 2024