Israeli Shipping Company ZIM to Connect Saudi Arabia, Israel, Morocco
RABAT : Israeli shipping company ZIN is set to open a shipping route between the Saudi Arabian port of Jeddah and the Moroccan ports of Agadir and Dakhla,
Wan Hai Lines Confirmed Orders For 12 New Vessels
As part of the company’s fleet improvement plan, Wan Hai Lines has confirmed an order of twelve(12) 3055 Teu container vessels with Nihon Shipyard Co Ltd. (NSY) /
Baltic Index hits 11-Year High on gains across Segments
LONDON : Baltic Exchange’s main sea freight index , tracking rates for ships carrying dry bulk commodities, hit a more than 11-year peak bolstered by firmer rates across
ABS just took One Step Closer to 3D Printed Ships
VANCOUVER : A record broke last week when naval architects at Robert Allan Ltd. and ABS completed the first fully end-to-end 3D vessel construction plans for a US commercial ship. The tugboat
Ever Given owners, Suez Canal Authority hammer out compensation deal
EGYPT : Owners of the 20,000 TEU containership Ever Given, which has been stuck in Egypt for months following its grounding in the Suez Canal, have reached an
Hapag-Lloyd orders six additional LNG-powered giants at DSME
Germany’s Hapag-Lloyd has ordered six additional ultra large LNG-powered container vessels at South Korea’s Daewoo Shipbuilding & Marine Engineering. DSME revealed the order worth nearly $1 billion on Monday but
Further shipping GHG emission reduction measures adopted
International Maritime Organization (IMO) adopts key mandatory measures to reduce ships’ carbon intensity; establishes ship rating system. New mandatory measures to cut the carbon intensity of international shipping
China a crucial player in logistics industry’s decarbonization: Maersk
SINGAPORE : China will play a crucial role in ensuring that the global logistics industry responds effectively to the climate change challenge, said Ditlev Blicher, managing director of
Records tumble for listed liners
SINGAPORE : Listed global carriers recorded a combined $16.2bn in operating profits in the first quarter this year, with seven of the 10 carriers recording EBIT of over
Shipping has a new association, the M7
LONDON : Leaders of many of the world’s largest economies have descended upon Cornwall in southwest England this week for the annual G7 summit. Inspired by the gathering,