Capesizes Throughout the week, the cape market has displayed remarkable resilience and positivity, defying challenges such as holidays in the Far East. The Pacific market saw strong activity at the beginning of the week,
GENEVA : Danish Maritime data analysis firm Sea-Intelligence has released a report about schedule reliability data of container carriers for January – August 2023. In August 2023, global schedule reliability fell by -0.9 M/M
COPENHAGEN : Maersk is looking to add a new layer to its trade reach out of India as the India-Middle East-Europe Economic Corridor (IMEEC), given shape at the G20 summit held in New Delhi
MARSEILLE : Container line CMA CGM will apply new Freight All Kinds (FAK) rates from all Asian main ports to all Mediterranean base ports and North Africa. The following rates will apply to dry,
TEHRAN : The refrigerated container ship was launched in Iran for the first time to export horticultural products to other countries, the CEO of Caspian Sea Shipping Company said. The refrigerated container ship is
MUMBAI : The National Action Plan for Green Shipping promotes eco-friendly practices and incentives for low-emission ships, positioning India’s maritime sector for a prosperous and environmentally responsible future, Director General of Shipping Shri Shyam
COPENHAGEN : A.P. Moller-Maersk A/S, the maritime shipping giant that has been diversifying into land transportation, is betting that driverless trucks will help make deliveries more reliable. Maersk is experimenting with driverless trucks at its
RIYADH : The Saudi maritime sector has recorded a significant uptick in the Q3 update of the UNCTAD’s Liner Shipping Connectivity Index (LSCI), scoring 77.66 points in comparison to 76.16 points a quarter earlier.
ROTTERDAM : PortXL is thrilled to announce its partnership with GTT, the French technology and engineering group specialising in containment systems with cryogenic membranes for transporting and storing liquefied gases. The Rotterdam-based maritime start-up
NEW YORK : A new and space efficient retrofit methanol storage solution from SRC Group has received Approval in Principle from Lloyd’s Register, signifying that no major conceptual issues have been identified as standing