May 7, 2024
May 9, 2026
May 7, 2024
Cosco Shipping launches world’s first battery-electric container ship
SHANGHAI : Chinese shipping giant COSCO Shipping launched the world’s first 10,000-DWT pure electric container ships, which it developed and constructed at the Heavy Industry Shipyard at Yangzhou. The ‘Green Water 01’ and its
May 7, 2024
Xeneta Shipping Index (XSI®): Long term rates edge up globally as Red Sea conflict continues to cast uncertainty across the market
OSLO : Ocean freight container carriers are treading a fine line between risk and reward during new contract negotiations as the market remains gripped by uncertainty in the Red Sea, according to new data
May 7, 2024
Taylor Smith Shipyard announces cooperation agreement with Nouum Engineering
CAPE TOWN : South African Nouum Engineering, a leading provider of diesel engine services for marine, power, locomotive and generators globally and Mauritius-based ship repair and conversion yard Taylor Smith Shipyard have signed a
May 6, 2024
Houthis may strike more ships beyond Red Sea: Bad news for Indian exports?
NEW DELHI : In what could prove to be bad news for Indian exporters, Yemen’s Iranian-backed Houthis are extending their attacks on merchant shipping hundreds of miles out into the wider Indian Ocean, with
May 6, 2024
Crew of MSC Aries released, claims Iran
TEHRAN : All the Indian sailors on board the Portuguese flagged vessel MSC Aries have been released, the Iranian Foreign Ministry announced on May 3. This information was shared by Iran’s Foreign Minister Hossein Amirabdollahian in a
May 6, 2024
Pramod Raj appointed as Managing Director of KSA at WeFreight
DUBAI : In a significant move to bolster its leadership team, WeFreight has announced the appointment of Mr. Pramod Raj as the new Managing Director for its Kingdom of Saudi Arabia (KSA) operations. With
May 6, 2024
Maersk resumes liquidation of its Russian Container Shipping subsidiary
COPENHAGEN : Maersk has resumed the process of liquating its Russian subsidiary, Maersk LLC (St. Petersburg), as part of its final steps of exiting the country. According to a notice published Friday by the
May 6, 2024
Container ships can move from Port of Baltimore
BALTIMORE : The Chief ag negotiator in the Office of the U.S. Trade Representative says the first container ship has made it through the Port of Baltimore. A bridge collapse at the end of
May 4, 2024