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
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
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
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
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
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
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
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
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
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