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December 29, 2023

Port Houston handles nearly 3.5 million TEUs in November

Foreign Ports, International Shipping, Trending News
TEXAS : Throughout November 2023, Port Houston managed nearly 3.5 million TEUs, reflecting a 5% decrease compared to the record volumes of the previous year. While loaded export TEUs for November experienced a 2%
December 28, 2023

PM Modi discusses maritime security with Saudi Arabia’s Prince Mohammed bin Salman

International Shipping, Export - Import, Global Trade, Logistics, Maritime, Shipping, Trending News
NEW DELHI : Prime Minister Shri Narendra Modi discussed the West Asia situation in a phone conversation with Saudi Crown Prince and PM Mohammed bin Salman bin Abdulaziz Al Saud while reviewing progress in bilateral ties. According to the Indian
December 28, 2023

Hapag-Lloyd says Red Sea route still ‘too dangerous’

International Shipping, Maritime, Shipping Line, Trending News
HAMBURG : One of the world’s biggest shipping firms, Hapag-Lloyd, will not resume its use of the Suez Canal despite an international military operation to keep the area safe. Yemen’s Houthi rebels backing Hamas
December 28, 2023

MSC container ship ‘MSC United VIII’ attacked in Red Sea by Houthis

International Shipping, Defence, Foreign Ports, Logistics, Maritime, Shipping Line, Trade, Trending News
GENEVA : The world largest Shipping Line Mediterranean Shipping Company (MSC) has confirmed that one of its container ships was attacked on Tuesday while transiting the southern Red Sea. A statement from the group
December 28, 2023

What does Maersk’s move to resume Red Sea transits say?

International Shipping, Maritime, Trending News
COPENHAGEN : The 24 December move by Danish container shipping giant Maersk Line Ltd to prepare for allowing its ships to resume transits through the Red Sea/Gulf of Aden that were paused earlier this month in the
December 28, 2023

Russia exports almost all its oil to China and India : Alexander Novak

EXPORT, Business, International Shipping, Trending News
MOSCOW : Almost all of Russia’s Oil Exports this year have been shipped to China and India, Deputy Prime Minister Alexander Novak said on Wednesday, after Moscow responded to Western economic sanctions by quickly rerouting supplies
December 27, 2023

Hapag-Lloyd to decide today about resuming Red Sea routes operation

Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd will decide on Wednesday whether to resume journeys through the Red Sea, a spokesperson said on Tuesday as Maersk prepared to return to the area after a U.S.-led operation began providing safety
December 27, 2023

Shipping giant Maersk decides to resume Red Sea voyages

International Shipping, Maritime, Trending News
COPENHAGEN : In a sign of breakthrough in the ongoing Red Sea crisis, shipping giant AP Moller-Maersk Sunday decided to resume voyages through the Suez Canal. This followed the setting up of the multi-national security initiative Operation Prosperity Guardian (OPG),
December 27, 2023

MV Chem Pluto, was hit by drone in Arabian Sea safely reached Mumbai

International Shipping, Maritime, Trending News
MUMBAI : MV Chem Pluto, (the Liberian flag chemical/oil tanker), carrying 21 Indian and one Vietnamese crew, which was allegedly attacked by a suspected drone on December 23, reached Mumbai and anchored safely at Outer
December 27, 2023

HMM announces US$1,500 GRI from India to East Coast of Latin America

International Shipping, Trending News
SEOUL : South Korean ocean carrier HMM has announced a new general rate increase (GRI) from India to the East Coast of Latin America on its Far East India Latin (FIL) Service. HMM will
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