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January 8, 2024

Maersk diverts its Vessels from Red Sea ‘For the Foreseeable Future’

International Shipping, Maritime Piracy, Trending News
COPENHAGEN : Danish shipping giant Maersk has decided to divert all its vessels due to transit the Red Sea and Gulf of Aden south around the Cape of Good Hope in Africa for the
January 8, 2024

New maritime route to increase trade competitiveness of Jordan, Egypt

Export - Import, International Shipping, Logistics, Maritime, Trending News
CAIRO : The newly announced shipping route, dubbed the Arab Line for Maritime Transport, that links Egypt, Jordan, and Iraq, and launched recently by the Arab Bridge Maritime Company, continued to operate and facilitate
January 6, 2024

ONE Line announces Indian Ocean Mediterranean (IOM) Service

International Shipping, Shipping Line, Trending News
SINGAPORE : Ocean Network Express (ONE) introduces the Indian Ocean Mediterranean Service (IOM), connecting key regions such as India, Pakistan, and the Middle East with the vibrant Mediterranean area. According to ONE, this new
January 6, 2024

26 shipping lines sign up in Container Deposit Refund System

International Shipping, Shipping Line, Trade
PHILIPPINES : Twenty-six shipping lines are now signed up with Container Ledger Account (CLA), an online system that aims to simplify and speed up container deposit refund. New entrants are MSC Mediterranean Shipping Company
January 6, 2024

CMA CGM announces new FAK rates from Asia to Med and North Europe

International Shipping, Shipping Line, Trending News
MARSEILLE : The French carrier, CMA CGM implemented new Freight All Kinds (FAK) rates as follows from 15 January 2024 (date of loading in the origin ports) until further notice: 20′ 40’/40’HC/40’RF WEST MEDITERRANEAN  US$3,500
January 6, 2024

OOCL expands fleet with introduction of 24,000 TEU mega vessel

International Shipping, Logistics, Trending News
SINGAPORE : Orient Overseas Container Line (OOCL) announced the addition of a new 24,000 TEU mega vessel to its fleet. The newest member of OOCL’s fleet was named OOCL Valencia at the shipyard of Nantong COSCO
January 6, 2024

AD Ports Group and Red Sea Port Authority Initial 15-Year Concession Agreement to Boost Cruise Tourism in Egypt

International Shipping, Foreign Ports, Logistics, Trade, Trending News
CAIRO : AD Ports Group, a leading facilitator of global trade, logistics, and industry today initialled a 15-year concession agreement with the Red Sea Port Authority (RSPA), to operate and manage three cruise terminals
January 6, 2024

Saudi Red Sea Authority initiates on ground inspections ahead of License Issuance

International Shipping, Foreign Ports, Tourism, Trending News
RIYADH : Saudi Red Sea Authority (SRSA), the key enabler and regulator of coastal tourism activities in Saudi’s Red Sea, has begun on ground inspections as a prerequisite for issuing the required licenses to
January 5, 2024

ONE Line to announce a new West India Service to call Savannah from May 2024

International Shipping, Foreign Ports, Trending News
SINGAPORE : Ocean Network Express will launch a new containership service between Port of Savannah and West India in May 2024. The new offering will give the Georgia Ports Authority 10 services via the
January 5, 2024

US invites India to join naval coalition in Red Sea

International Shipping, Defence, Maritime, Trending News
NEW DELHI : The US has invited India to join the multi-national naval coalition, Operation Prosperity Guardian, to counter threats posed by Yemen’s Houthi militants in the Red Sea, according to persons aware of
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