BANDAR ABBAS : Iran seized a tanker with Iraqi crude destined for Turkey on Thursday in what appeared to be a retaliation for the seizure last year of the same vessel by Tehran’s arch
MOMBASA : The Port of Mombasa is attracting global shipping lines as a result of its efficiency with a leading Korean shipping line docking at the port on its first voyage in Africa. Korea
HAMBURG : Hapag-Lloyd announced a General Rate Increase (GRI) / General Rate Adjustment (GRA) for cargo transported in 20′ and 40′ dry, reefer and special containers, including high cube equipment, from the Indian Subcontinent
NEW DELHI : At least 65 percent of Indian export shipments to Europe are taking the longer route via the Cape of Good Hope on the southern tip of Africa as cargo ships in
COPENHAGEN : The ocean carriers find their service networks extremely volatile and prone to rapid alterations, as the Red Sea crisis is still ongoing and the developments are changing daily. The transit times will
Methanol surpassed liquefied natural gas (LNG) as the preferred alternative fuel choice for newbuild vessels in 2023, marking a significant milestone in the shipping industry’s efforts to decarbonize. According to the latest data from
GENEVA : As informed, the vessel MSC Anita was named and delivered on January 9. According to the shipbuilder, the vessel, which is the second boxship delivered to MSC, adopts the design concept of
FLORIDA : 2024 is off to a strong start for Intermarine, where the multi-purpose carrier is gearing up for a dynamic year ahead. As the foremost operator in the Americas, the collaboration with heavy-lift
COPENHAGEN : Maersk Line, which had not been as aggressive as its rivals in ordering newbuildings, is now finding itself short of Neo-Panamax ships as more vessels are rerouted round the Cape of Good Hope.
LONDON : “In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. The 2023 record is