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October 25, 2023

Maersk sued over 2021 cargo loss

International Shipping, Shipping Line, Trending News
COPENHAGEN : Danish shipping line Maersk is facing a $5.8 million lawsuit over the loss of containers from the Maersk Eindhoven in 2021. The lawsuit was filed last by the insurer for retail giant Target, Starr Indemnity &
October 25, 2023

Egypt’s Suez Canal fees set to rise

International Shipping, Maritime, Shipping Line, Trade, Trending News
CAIRO : Fees for transiting the Suez Canal are set to rise by 15% for most vessel types from the 15 January 2024 with some exemptions for container vessels out of North European ports.
October 25, 2023

Thai government to start national container shipping line

International Shipping, Foreign Ports, Shipping Line, Trending News
BANGKOK : In order to promote maritime trade, the Transport Ministry of Thailand is going to establish a national shipping company, according to Bangkok Post’s report. Thailand’s Deputy Transport Minister, Manaporn Charoensri, asked the
October 25, 2023

Port of the Future: Automation’s Role in Efficiency with Jassper Shipping

International Shipping, Logistics, Technology, Trending News
SINGAPORE : In today’s rapidly evolving digital landscape, automation and artificial intelligence (AI) are driving profound changes across numerous sectors, and the marine shipping industry is no exception. The incorporation of automation and AI
October 23, 2023

DP World and Standard Bank conclude US$365 million facility agreement

International Shipping, Logistics, Maritime, Ports, Shipping, Trending News
DUBAI : DP World has extended its long-standing partnership with pan-African bank, Standard Bank, by concluding a US$365.1 million facility agreement. This agreement aims to support its logistics and market access expansion across the
October 23, 2023

Israel-Hamas war: 10% of Ashdod Port staff recruited by Israeli army, first war-related surcharges announced

International Shipping, Foreign Ports, Logistics, Maritime, Shipping Line, Trade, Trending News
JERUSALEM : Israel’s Ashdod Port, one of the largest ports of the country and a crucial asset for the national economy, is continuing to operate normally despite the ongoing conflict between Israel and Hamas,
October 23, 2023

It may be stormy 2024 as shipping lines plan freight increases : Xeneta

International Shipping, Export - Import, Global Trade, Logistics, Shipping Line, Trending News
HAMBURG : Supply chains around the world could be at serious risk amid expected increases in the cost of ocean freight shipping during 2024. Oslo-based Xeneta has carried out in-depth analysis of the latest
October 21, 2023

MSC updates regarding the situation in Isreal

International Shipping, Export - Import, Logistics, Shipping Line, Trending News
GENEVA : MSC continues to monitor and assess the developing situation in Israel to ensure the safety of its personnel and minimize disruption to customer supply chains. Currently, Israel’s major ports continue to function
October 21, 2023

NYK launches sixth LNG-fueled Pure Car and Truck Carrier

International Shipping, LNG, Shipping Line, Trending News
TOKYO : NYK’s sixth LNG-fueled pure car and truck carrier (PCTC), Sumire Leader, has started its transportation service for Mazda Motor Corporation (Headquarters: Aki District, Hiroshima Prefecture; Representative Director, President, and CEO: Katsuhiro Kago),
October 20, 2023

Evergreen line declares force majeure on Israel shipment -customer note

International Shipping, Export - Import, Foreign Ports, Shipping Line, Trending News
TAIWAN : Taiwanese container shipping line Evergreen has declared force majeure on a shipment to the Israeli Port of Ashdod, with its Ever Cozy vessel diverted to Haifa further north due to safety concerns,
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