May 8, 2026
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March 9, 2024

HMM sale not likely to happen soon

International Shipping, Export - Import, Logistics, Shipping Line, Trade, Trending News
SEOUL : South Korea’s Oceans and Fisheries Minister Kang Do-hyung said the government is not planning another attempt to sell its interest in HMM anytime soon. Kang was speaking at a government forum on
March 9, 2024

Industry Association condemn Houthi attack on MV True Confidence

International Shipping, Associationn, Logistics, Maritime, Shipping, Trade, Trending News
LONDON : Industry Associations express their deep concern over the tragic loss of life and injuries suffered by the crew of MV True Confidence in an attack in the Red Sea on 6 March
March 9, 2024

Houthis shoot at another “American” ship saying attacks are escalating

International Shipping, Defence, Maritime, Trending News
YEMEN : Another bulker sailing southeast of Aden, Yemen was targeted by the Houthis again. Initial reports are that the vessel was not hit and that the crew is safe, but it appears that
March 9, 2024

Red Sea crisis causes surge in vessel calls and congestion at African ports

International Shipping, Foreign Ports, Logistics, Maritime, Trade, Trending News
NEW YORK : “The Red Sea crisis is highlighting the wide gap in efficiency between ports in Africa and other world regions, despite heavy investment in port infrastructure on the continent over the past
March 9, 2024

Volta Shipping appoints new commercial head

International Shipping, Trade, Trending News
DUBAI : United Arab Emirates-based shipping company Volta Shipping has announced the appointment of Sankhoj Das as the Head of its Commercial team. With a background in leading commercial strategies and achieving significant milestones,
March 9, 2024

Drewry: Multipurpose Time Charter Index moving higher

Break Bulk Cargo, International Shipping, Project Cargo, Shipping Line, Trade, Trending News
LONDON : The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the coming month. The vessel types include
March 8, 2024

Statement on the attack on the True Confidence bulk carrier : IMO

International Shipping, Maritime, Trending News
LONDON : IMO Secretary-General Arsenio Dominguez issued the following statement on the attack on the True Confidence bulk carrier. “It is deeply saddening to follow the horrific reports of the casualties on the merchant
March 8, 2024

MSC says its ship hit by missile sailing to Djibouti

International Shipping, Logistics, Maritime, Shipping Line, Trade, Trending News
GENEVA : Container ship MSC Sky II was continuing its voyage to Djibouti on Tuesday after being hit by a missile a day earlier near Yemen’s port city of Aden, its operator MSC said.
March 8, 2024

Ships entering must obtain permit from Yemen’s Houthi-controlled Maritime Affairs Authority : Houthi Minister

Maritime, International Shipping, Trending News
YEMEN : Ships will have to obtain a permit from Yemen’s Houthi-controlled Maritime Affairs Authority before entering Yemeni waters, Houthi Telecommunications Minister Misfer Al-Numair said on Monday. Houthi militants have repeatedly launched drones and
March 8, 2024

Höegh Autoliners secures significant Enova funding for two ammonia-powered vessels

International Shipping, Logistics, Maritime, Shipping Line, Trade, Trending News
OSLO : Höegh Autoliners ASA is making significant progress in its ambition to make the Aurora Class the world’s first PCTC vessel to run on ammonia. Today, they have been granted almost USD 14
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