May 8, 2026
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March 4, 2024

Maersk issues warning on prolonged Red Sea disruptions, supply chain challenges

Export - Import, International Shipping, Logistics, Maritime, Shipping Line, Trade, Trending News
COPENHAGEN : Maersk, a key player in the global shipping industry, has issued a cautionary note, indicating that disruptions to container shipping through the Red Sea may extend into the second half of the
March 4, 2024

Bahri wins Guinness World Record for largest mobile desalination plant

Logistics, Company, International Shipping, Maritime, Trade, Trending News
RIYADH : Bahri Desalination, a specialized business unit of the National Shipping Company of Saudi Arabia (Bahri), the global shipping and logistics leader, has established a new milestone in seawater desalination production, reinforcing its
March 2, 2024

PSA International welcomes new Group CEO, Ong Kim Pong

International Shipping, Logistics, Maritime, Ports, Trade, Trending News
SINGAPORE : Mr Kim Pong ONG has assumed the position of PSA International Group CEO on 1 March, and is a member of its Board. PSA is a leading global port operator and supply
March 2, 2024

Hapag-Lloyd increases rates from North Europe and Mediterranean

Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd has unveiled new ocean tariff rates for shipments from North Europe to destinations including India, Pakistan, the Red Sea, and the Arabian Gulf. The updated rates will apply for 20’ and
March 2, 2024

Emirates Shipping Line strengthens its Far East/Middle East service network

Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
DUBAI : Emirates Shipping Line (ESL) has announced the introduction of its new COSMOS (CMX) service and the enhancement of its existing GALEX (GLX) service aiming to optimize transit times and increase frequency between
March 2, 2024

Empty container movements surge by 20% : Sea Intelligence

Container, Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
COPENHAGEN : Utilizing data from Container Trade Statistics (CTS) on the movement of full containers between regions, Sea-Intelligence estimated the corresponding trends in empty container movements. Empty container volumes, when compared to 2019 levels
March 2, 2024

Red Sea crisis puts Transpacific contract negotiations in the balance

International Shipping, Global Trade, Trending News
OSLO : Container rate negotiations on the Transpacific are about to begin in earnest, but Xenata believes shippers and carriers both have strong hands and that will make discussions long and complex. As negotiations
March 1, 2024

CMA CGM Group finalise Bolloré Logistics takeover

Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
SWEDEN : The Bolloré Group and the CMA CGM Group announce the completion of the sale of 100 % of Bolloré Logistics to CMA CGM, it being specified that the transfer of Bolloré Logistics
March 1, 2024

CMA CGM announces to resume Red Sea transits on ‘case-by-case’ basis

International Shipping, Maritime, Trending News
MARSEILLE : French shipping company CMA CGM Group has announced it will resume Red Sea transits on a case-by-case basis. The Marseille-based carrier said, “We have reevaluated the situation in the Southern Area of
March 1, 2024

Freight rates on major Indian trades see downward corrections after January highs

EXPORT, International Shipping, Logistics, Shipping, Shipping Line, Trade, Trending News
MUMBAI : After spiking dramatically amid the Red Sea crisis-linked shipping disruption, container freight rates seen on trades out of India have held firm or even declined in some cases in February, month-on-month, according
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