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January 23, 2024

Maersk diverting container service away from the Red Sea

International Shipping, Maritime, Shipping Line, Trending News
COPENHAGEN : Danish Shipping Group Maersk is diverting its ME2 Container Service away from the Red Sea and Gulf of Aden, rerouting the vessels around the Cape of Good Hope, the company says in
January 23, 2024

CMA CGM adjusts NEMO service due to Red Sea crisis

Logistics, International Shipping, Shipping Line, Trade, Trending News
MARSEILLE : Due to recent attacks on commercial vessels in the Red Sea Region, CMA CGM Group is introducing precautionary measures for the safety of its vessels and crew members. As a result, the
January 23, 2024

Red Sea ‘scary’ for ships’ crews, says captain

International Shipping, Logistics, Maritime, Shipping Line, Trade, Trending News
LONDON : “The situation is quite scary. It’s dangerous actually,” Captain Chirag tells the BBC from on board his ship. Along with his crew, he’s worried about the ongoing attacks on commercial ships in the Red
January 23, 2024

Wan Hai could replace Hapag-Lloyd in THE Alliance: Yang Ming ex-boss

International Shipping, Logistics, Shipping Line, Trade, Trending News
SINGAPORE : Yang Ming Marine Transport’s Ex-Chairman Bronson Hsieh suggested to Taiwanese media that Wan Hai Lines could be a suitable substitute for Hapag-Lloyd in THE Alliance. Wan Hai, which operates solo Transpacific routes,
January 23, 2024

Pakistan Ship’s Agents Association refuse to accept KPT as regulator

International Shipping, Foreign Ports, Trade, Trending News
KARACHI : The ship agents came out with a hard-hitting response to the Karachi Port Trust chairman’s announcement to go tough against the shipping companies allegedly looting the local business community by overcharging. In
January 23, 2024

Red Sea crisis likely to dent India’s growth forecast, says BMI a unit of Fitch Group

Export - Import, Business, Economy, International Shipping, Logistics, Trade, Trending News
NEW YORK : Amid rising hostilities in the Red Sea due to Houthi attacks, Fitch Group said South Asian economies would be most affected. They will experience the largest relative increase in maritime trade
January 23, 2024

NorthStandard adds office in South Korea to its Asian network

International Shipping, Shipping Line, Trade, Trending News
SEOUL :  NorthStandard has announced plans to open a new office in South Korea, one year after establishing its combined Asia Pacific headquarters in Singapore.  New base in Seoul will allow global marine insurer
January 20, 2024

Hapag-Lloyd increases rates from Middle East and Indian Subcontinent to Europe and North Africa

International Shipping, Shipping Line, Trending News
HAMBURG : Ocean carrier Hapag-Lloyd has announced fresh ocean tariff rates from Middle East and Indian Subcontinent to Europe and North Africa. The German container line will increase rates for 20’ and 40’ dry
January 20, 2024

Partnership with Maersk will help Hapag Lloyd double down on its sustainability targets : Rolf Habben Jansen

International Shipping, Shipping Line, Trending News
HAMBURG : Container shipping heavyweights Hapag-Lloyd and Maersk made waves in the liner shipping industry after revealing a groundbreaking operational cooperation deal, leading to Hapag’s withdrawal from THE Alliance. The move marks a strategic
January 20, 2024

ZIM’s Piraeus office in Greece targetted bomb attack

International Shipping, Maritime, Shipping Line, Trade, Trending News
PIRAEUS : In an unfortunate incident on 17 January, ZIM’s office in Greece, fell victim to a bomb planted by pro-Palestinian activists. The explosive event occurred during the early hours of 17 January, resulting
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