April 22, 2024
May 9, 2026
April 22, 2024
‘World’s first’ ammonia dual-fuel Aframaxes ordered by MISC
KUALA LAMPUR : Malaysia’s shipowner MISC has ordered and chartered out, via its petroleum arm AET, ‘the world’s first’ two ammonia dual-fuel Aframaxes. AET signed the shipbuilding contracts for these two vessels with Chinese
April 22, 2024
Liner shipping’s EU policy prorites for a sustainable, competitive, and secure maritime sector – World Shipping Council
WASHINGTON D.C. : The World Shipping Council (WSC) is calling on the EU to design policy frameworks that facilitate the essential role of shipping in a globally connected economy and to forge the path
April 22, 2024
Eureka Shipping announces construction of new cutting-edge cement carrier for Great Lakes Trade
NORWAY : Eureka Shipping, a leading provider of sustainable, high-efficiency cement carrier services jointly owned by SMT Shipping and The CSL Group, is pleased to announce the construction of a state-of-art mechanical/pneumatic cement ship
April 22, 2024
Baltic index hits over 3-week high as vessel rates climb
LONDON : The Baltic Exchange’s dry bulk sea freight hit a more than three-week high on Thursday, driven by robust demand across all vessel segments. The overall index, which factors in rates for capesize,
April 20, 2024
PIL posts US$277.6 million earnings for FY2023, expects to stay profitable in FY2024
SINGAPORE : Container carrier Pacific International Lines (PIL) posted US$277.6 million in net profit for FY2023 – about 10 per cent of its FY2022 earnings of US$3 billion – as freight rates tumbled. PIL’s
April 20, 2024
Maersk enhances ME2 Service between India and North Europe
MUMBAI : Maersk announces a significant upgrade to its ME2 Ocean Service. As of third week of April, the ME2 service will include port calls to key destinations in North Europe, namely Rotterdam, Felixstowe,
April 20, 2024
PIL enhances presence in East Coast South America with two revamped direct services- East Coast Service 1 (ES1) and East Coast Service 2 (ES2)
SINGAPORE : With the aim of improving and enhancing our presence in East Coast South America, Pacific International Lines (PIL) is pleased to introduce two revamped weekly direct services, connecting key ports in China,
April 20, 2024
Iran-Israel clash may further disrupt the shipping industry
LONDON : The ongoing conflict between Iran and Israel has the potential to further disrupt the shipping industry, raising global concerns about maritime security and increasing the war-risk premium for ships operating in the
April 20, 2024