TOKYO : ClassNK has granted its “ELW” (Excellent Living and Working Environment) notation to “ELETTRA”, a bulk carrier owned by Fuyo Kaiun Co.,Ltd. The vessel becomes the first in ClassNK registry to have the
NEW DELHI : The Indian Navy responded to an SOS by a Bangladesh-flagged cargo ship that was seized by pirates off the Somalia coast and took 23 of its crew members hostage earlier this
HAMBURG : With returns sliding back to pre-Covid levels after the supercharged pandemic period shipping lines are looking to control costs again to keep their heads above water. Hapag-Lloyd reported substantial declines in its
WASHINTON D.C. : The World Shipping Council (WSC) has announced plans to develop a new Cargo Safety Program for the transport of dangerous goods, with the not-for-profit organisation National Cargo Bureau (NCB) to act
YEMEN : The Houthis plan to attack ships in the Indian Ocean, as they travel toward the Cape of Good Hope, the group announced on Thursday. Two Houthi spokesmen – Brig. Gen. Yahya Sare’e
SANA’A : Yemen’s Iran-backed Houthi militia claimed on Friday that it had attacked Israeli and American ships in the Indian Ocean for the first time, only hours after its leader promised to extend action
LONDON : The Sixteenth Meeting of the Intersessional Working Group on Reduction of GHG Emissions from Ships has just concluded with some progress made on the finalisation of mid-term measures, and without a decisive
HAMBURG : The Supervisory Board of Hapag-Lloyd AG has approved an early renewal of the contract of Chief Executive Officer (CEO) Rolf Habben Jansen, which runs until 31 March 2027, for five years, until
DAMMAM : In February 2024, King Abdul Aziz Port in Dammam achieved a new record by handling 235,820 TEUs, an increase of 25.41% compared to the previous throughput of 166,956 TEUs in 2023. This
COPENHAGEN : The global container shipping market faces overcapacity in the coming years and the rates paid by customers have fallen to an unsustainable level, Maersk, CEO Mr. Vincent Clerc told the group’s annual meeting