March 5, 2024
May 8, 2026
March 5, 2024
CMA CGM climbs to the top of Schedule Reliability in January 2024
COPENHAGEN : Sea-Intelligence has released the 150th edition of the Global Liner Performance (GLP) report, featuring schedule reliability data up to and including January 2024. Amidst the ongoing Red Sea crisis, global schedule reliability
March 5, 2024
Red Sea attacks add urgency to alternate Mideast trade route
NEW DELHI : The volatile situation in the Red Sea increases the need for an alternate trade corridor to ship goods from India to Europe, India’s ambassador to the United Arab Emirates said. India
March 5, 2024
CMA CGM and Nike forge agreement for sustainable shipping solutions
MARSEILLE : Nike, a global leader in the apparel and sportswear sector, has recently forged an agreement with French ocean carrier CMA CGM to purchase eco-friendly biofuel for a part of its maritime shipping
March 5, 2024
NYK Group establishes region heads worldwide
Promoting the NYK Group’s Regional Strategies TOKYO : On April 1, the NYK Group will establish the NYK Group region heads in Europe (London), the Americas (Secaucus), China (Shanghai), South Asia (Singapore), and the
March 5, 2024
UN : Applying the law of the sea to protect International Shipping
LONDON : In recent decades, global shipping—carrier of 80 per cent of world trade—has faced numerous threats that challenge the long-established right to freedom of navigation for all merchant ships. Piracy, hijackings, armed robbery,
March 5, 2024
Baltic Index climbs to 10-Week high on rising Vessel rates
LONDON : The Baltic Exchange’s dry bulk sea freight index extended gains on last Thursday to hit an over two month peak, supported by rising rates across all vessel segments. The overall index, which
March 5, 2024
BIMCO : Tanker Market strengthens despite slowing oil demand growth
LONDON : Supply/demand balance For crude tankers, we forecast that the supply/demand balance will tighten further during both 2024 and 2025. Low fleet growth, along with increasing sailing distances, create the foundation for the
March 4, 2024
UK ship sunk by Houthis “Environmental Catastrophe” for Red Sea : Yemen
YEMEN : The UK-owned Rubymar, attacked by Houthi militants last month, has sunk in the Red Sea, Yemen‘s internationally recognised government said on Saturday, warning of an “environmental catastrophe” from the ship’s cargo of
March 4, 2024