May 8, 2026
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January 31, 2024

Hapag-Lloyd sees financial figures decline amid slight box volume increase

International Shipping, Shipping Line, Trending News
HAMBURG : German ocean carrier Hapag-Lloyd reported a significant decrease in earnings in the 2023 financial year, while its container volumes saw a slight uptick. According to preliminary and unaudited figures, the Hamburg-based company’s
January 31, 2024

Box lines launch Red Sea services despite Houthi risks

International Shipping, Shipping Line, Trade, Trending News
SINGAPORE : Mainline operators which are still offering Red Sea services are configuring their routes to transit the troubled region. Hapag-Lloyd has launched an ad hoc Jeddah Express (JDX) service calling at Tanger Med,
January 31, 2024

Contrasting schedule reliability in Taiwan’s container lines, Evergreen tops in December 2023

International Shipping, Logistics, Shipping Line, Trade, Trending News
COPENHAGEN : Sea-Intelligence has released the 149th issue of the Global Liner Performance (GLP) report, providing schedule reliability data up to and including December 2023 and covering schedule reliability across 34 different trade lanes
January 31, 2024

ClassNK grants Innovation Endorsement for Products & Solutions to Cydome Everlight

International Shipping, Maritime, Trending News
TOKYO : ClassNK has granted its Innovation Endorsement*1 for Products & Solutions to a cyber security solution “Cydome Everlight” developed by Cydome Security LTD. Cydome Everlight is a solution to support ship’s full-scope cybersecurity management
January 31, 2024

Red Sea diversion sends shipping costs soaring for Bangladesh apparel exporters

International Shipping, EXPORT, Trade, Trending News
DHAKA : There’s been a more than 30 per cent increase in freight charges and an additional 15 days in sailing time due to ships rerouting away from the Red Sea. Media reports maintained
January 30, 2024

Indian Navy’s Warship Sumitra rescues Iranian vessel hijacked by pirates

International Shipping, Maritime, Trending News
NEW DELHI : Indian warship INS Sumitra on Monday ensured the safe release of an Iranian-flagged fishing vessel and its 17 crew members after it was hijacked by some pirates off the east coast
January 30, 2024

Container freight rates out of India continue to soar amid Red Sea crisis

Logistics, EXPORT, International Shipping, Shipping, Shipping Line, Trade, Trending News
MUMBAI : The boost in container freight rates seen on trades out of India as a consequence of the Red Sea crisis has accelerated in recent weeks, according to the latest market analysis. On
January 30, 2024

Sri Lanka boosts Colombo Port efficiency to address Red Sea emergency

Maritime, Foreign Ports, International Shipping, Trending News
COLOMBO : The Sri Lankan government on Monday said it is intensifying efforts to enhance operational efficiency at the Colombo Port to meet the escalating demand for container cargo operations in response to the
January 30, 2024

PIL becomes First Shipping Line to complete full integration with SGTRADEX in collaboration with KPI OceanConnect

International Shipping, Shipping Line, Trending News
SINGAPORE : Pacific International Lines (PIL) has successfully completed full integration with the Singapore Trade Data Exchange (SGTraDex) platform, making PIL the first shipping line to do so. This achievement, realised through a collaborative
January 30, 2024

Ocean Network Express advances Net-Zero commitment with approval in principle for Ammonia Dual-Fueled vessel

International Shipping, Shipping Line, Trending News
SINGAPORE : Ocean Network Express (ONE) is proud to announce the award of Approval in Principle (AiP) for an Ammonia Dual-fueled vessel. Along with the investment in 12 methanol dual-fueled vessels, this marks another
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