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November 17, 2023

The Port of Felixstowe hosted its deepest container ship

Foreign Ports, International Shipping, Trending News
FELIXSTOWE : A container ship has set a new record for the deepest draft, or maximum depth of a vessel, to call at the Port of Felixstowe. The Mumbai Maersk entered the port on
November 17, 2023

MSC and Ferrovie dello Stato Italiane sign MoU on development of Intermodal Hubs across Italy

International Shipping, Logistics, Shipping Line, Trade, Trending News
GENEVA : MSC and FS Italiane have agreed to form a new company specializing in intermodal transport and logistics, to design, build and operate new cargo terminals at sites controlled by the two groups
November 17, 2023

Concordia Damen: Trial run of World’s first new-build hydrogen-powered inland shipping vessel ‘WEVA’ goes well

International Shipping, Maritime, Shipping Line, Trending News
AMSTERDAM : Lenten Scheepvaart (the Netherlands) will go down in history as the owner of the world’s first-ever newbuild hydrogen-powered inland shipping barge. With this, the shipping company sets a new standard. An important
November 16, 2023

Thailand pitches $28 Billion game-changing Sea Route to link Asia-Pacific with India and Middle East

International Shipping, Maritime, Trade, Trending News
BANGKOK : Thailand is proposing a groundbreaking multibillion-dollar initiative aimed at significantly reducing shipping times between the Indian and Pacific oceans by circumventing the Malacca Strait, one of the world’s busiest sea routes. Prime
November 16, 2023

Panama’s drying canal menaces global fuel markets

Trending News, International Shipping, Maritime, Shipping Line, Trade
PANAMA CITY : A vital conduit of global trade is running dry. The Panama Canal is being hobbled by a lack of rainfall, which has dried up a key lake that supplies the artery.
November 16, 2023

Afghanistan urges Pakistan to release 1,000s of containers from Karachi port

International Shipping, Foreign Ports, Global Trade, Trending News
ISLAMABAD : Afghanistan urged Pakistan on Tuesday to release thousands of containers of imports it said were stuck at Karachi Port since Islamabad clamped down on transnational cargo. Pakistan authorities say they have lost
November 16, 2023

ZIM reports over US$2.2 billion loss in third quarter

International Shipping, Logistics, Shipping Line, Trade, Trending News
HAIFA : Israeli container line ZIM has announced a net loss of US$2.27 billion in the third quarter of the year, while the company achieved a US$1.66 billion net income in the same period
November 16, 2023

CJ Logistics deploys 140 wheeled robots for increased shipping efficiency across Asia-Pacific

International Shipping, Logistics, Technology, Trending News
INCHEON : CJ Logistics, with its Global Distribution Center (GDC) in Incheon, is currently testing a new way to process stored goods to get them ready for international shipping more efficiently. One hundred and
November 16, 2023

Seaqualize successfully executes first ever offshore transfer lifts on Vineyard Wind 1

International Shipping, Maritime, Trending News
UTRECHT : Dutch heave compensation specialist Seaqualize executed the world’s first offshore transfer lifts of wind turbine components from a heaving supply vessel. Their newly developed offshore lifting device, the Heave Chief 1100 is
November 15, 2023

Box lines announce new efforts to hike rates on India-US Trades

International Shipping, EXPORT, Global Trade, Logistics, Shipping Line, Trade, Trending News
MUMBAI : Container lines serving the India-US trade seem to have realised that pushing through hefty general rate increases (GRIs) or peak season surcharges (PSSs) is a hard game, unless cargo volumes tick up in
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