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March 18, 2024

ClassNK awards first-ever notation to Fuyo Kaiun’s bulk carrier “ELETTRA”

Break Bulk Cargo, International Shipping, Maritime, Shipping Line, Trending News
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
March 16, 2024

Indian Navy rescued Bangladeshi vessel near Somalia, attacked by Somalian pirates

International Shipping, Defence, Maritime, Shipping Line, Trending News
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
March 16, 2024

Maersk and Hapag-Lloyd Gemini Alliance will seek to reduce costs

Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
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
March 16, 2024

World Shipping Council announces digital platform for cargo safety

International Shipping, Maritime, Transport, Trending News
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
March 16, 2024

Houthis threaten to target merchant ships in Indian Ocean

International Shipping, Maritime, Trending News
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
March 16, 2024

Houthis claim first attacks on ships in Indian Ocean

International Shipping, Maritime, Shipping Line, Trade, Trending News
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
March 16, 2024

IMO’s 2030 and 2040 GHG reduction targets now explicitly linked to fuel standard, whilst momentum builds on a universal GHG price (levy), but all options remain on the table

Maritime, International Shipping, Trending News
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
March 15, 2024

Hapag Lloyd renews appointment of Rolf Habben Jansen as CEO and also extends contract of Donya-Florence Amer

International Shipping, Shipping Line, Trending News
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
March 15, 2024

As the highest throughput in its history, King Abdul Aziz Port in Dammam continued breaking records by handling 235,820 TEUs

Container, Foreign Ports, International Shipping, Logistics, Maritime, Shipping Line, Trade, Trending News
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
March 15, 2024

Container rates drop to unsustainable levels : Maersk CEO

Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
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
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