HHI eyes shipyard expansion in India
THOOTHUKUDI : South Korea’s HD Hyundai Heavy Industries (HHI) is exploring the idea of setting up a shipyard in India. This move is aimed at catering to the growing local
CMA CGM reports solid performance supported by the Group’s shipping investment strategy
MARSEILLE : CMA CGM reports solid performance supported by the Group’s shipping investment strategy. Commenting on the results for the year, Rodolphe Saadé, Chairman and Chief Executive Officer
US port fees on China vessels would affect all shipping firms, CMA CGM says
MARSEILLE : U.S. proposals to hit Chinese vessels with high port fees would have a major impact on all firms in a container shipping industry in which most
US fees on China-based ships to cause unintended consequences – Analyst
LONDON : The US Trade Representative’s (USTR) proposal to charge up to $1.5 million to Chinese-owned ships entering US ports could cause severe congestion and delays to supply
Drewry’s Intra-Asia Container Index down 8%
LONDON : Drewry’s Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, decreased 8% in the fortnight to 28 Feb 25 to $615 per
Maersk names its 11th dual-fuel Methanol vessel ‘Albert Maersk’ in Mumbai
As the Godmother, State Minister Raksha Khadse christens the vessel during Maersk’s first-ever name-giving ceremony in India at APM Terminals Mumbai MUMBAI : A.P. Moller – Maersk celebrated
Klaipėda Port Authority to invest more than EUR 300 million for Klaipėda Port infrastructure to st
KLAIPEDA : Klaipėda Port Authority is steadfastly moving forward with the implementation of the Port’s vision to become an innovative hub for port services, the maritime industry, and
Egypt signs Maritime Recycling Partnership with A.P. Moller – Maersk
CAIRO : The Holding Company for Maritime and Land Transport, Egypt has signed a memorandum of understanding (MoU) with A.P. Moller-Maersk A/S to enhance cooperation in responsible ship
Drewry’s World Container Index down 6% this Week
LONDON : For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. If your organisation is considering index-linked contracts or requires regional
Baltic Index logs second straight Weekly gain on Higher Capesize Demand
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels carrying dry bulk commodities, gained on Friday and registered its second consecutive weekly
