February 19, 2024
March 19, 2026
February 19, 2024
ClassNK releases “Environmental Guidelines (Edition 4.1)”- adding class notations to green steel and microplastics collecting systems
TOKYO : ClassNK has released “Environmental Guidelines (Edition 4.1)”. The guidelines newly specify the class notations related to green steel products*1 and microplastics*2 collecting systems. In response to environmental challenges such as climate change and marine pollution,
February 17, 2024
India-bound oil tanker hit by missile in Red Sea attack
YEMEN : A Panamanian-flagged tanker carrying crude oil bound for India was struck with a missile in the Red Sea, the U.S. State Department said on Friday. The missile launched from Yemen hit the
February 17, 2024
SeaLead announces Ownership change and Management update
SINGAPORE : SeaLead, a fast-growing global shipping line,on Friday announced a change in its ownership structure and a management transition, reflecting a strategic move aimed at reinforcing its market position and enhancing operational and
February 17, 2024
Red Sea Crisis: The Xeneta Newsfeed
CAIRO : The Red Sea crisis is yet another reminder of the importance – and fragility – of global supply networks. But what will be its legacy and will it lead to changes in
February 16, 2024
Red Sea crisis : Indian exporters save on higher shipping costs as importers start sharing burden
NEW DELHI : Even as the Red Sea crisis pushes up shipping expenses, Indian exporters are getting some relief from the higher cost burden by negotiating rates afresh with their buyers, a government official
February 16, 2024
Connecting the dots between Morocco and the South of Europe : Maersk
COPENHAGEN : A recent sourcing whitepaper has revealed that over 64% of European companies have changed the way they source materials as a result of global supply chain disruptions. Arguments for changing sourcing locations into ones
February 16, 2024
HMM remains in the black for Q4 2023
SEOUL : South Korean shipping company HMM remained profitable in Q4 2023 despite the pressure on container markets. HMM reported a net profit of KRW1.01 trillion for 2023 a 90% drop compared to KRW10.12
February 16, 2024
How long can Maersk investors tolerate below-par performance, wonders Linerlytica
COPENHAGEN : Maersk blamed overcapacity for its record EBIT losses in the fourth quarter but it failed to mask the fact that it has continuously underperformed the market, according to Linerlytica’s latest report. The
February 15, 2024