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September 26, 2023

Shipowners donate EUR50 million to help Greek flood victims

International Shipping, Trade, Trending News
On top of individual donations Greek shipowners are donating EUR50 million to the flood victims in central Greece Thessaly region, the country’s breadbasket. At an event organised in Athens by the Cyprus Union of
September 26, 2023

MOL, PETRONAS and MISC set the stage for the Development of Liquefied CO2 Carriers

International Shipping, Shipping Line, Trending News
TOKYO : Mitsui O.S.K. Lines, Ltd announced that MOL has principally reached an agreement with two Malaysian companies PETRONAS CCS Ventures Sdn Bhd (PETRONAS CCS Ventures), a wholly-owned subsidiary of Petroliam Nasional Berhad (PETRONAS)
September 23, 2023

CMA CGM’s 13K TEU LNG-powered containership hits the water

International Shipping, LNG, Maritime, Ship Building, Shipping Line, Trade, Trending News
SHANGHAI : A colossal containership sporting a green livery and a prominent LNG-powered designation on its hull has hit the waters at Chinese shipbuilding major Hudong Zhonghua. The LNG dual-fuel 13,000TEU container ship (H1841A), named
September 23, 2023

India’s Cabotage Law Reform: A Game-Changer for Container Logistics

Trending News, Coastal Cargo, Coastal Shipping, Container, International Shipping, Logistics, Trade
HAMBURG : In a groundbreaking and expansive move, India’s decision to relax its Cabotage Law has created significant waves in the nation’s container logistics industry, promising to usher in a fresh era of competition,
September 23, 2023

ONE & COSCO to start new LUX Service connects Europe with South America

International Shipping, Shipping Line, Trade, Trending News
SINGAPORE : ONE (Ocean Network Express) and Cosco Shipping will start the LUX service. This route connects Europe and the Mediterranean to the east coast of South America with weekly stopovers. The route includes
September 23, 2023

Tailwind Shipping Lines to strengthen its Asia-Mediterranean connection

International Shipping, Shipping Line, Trade, Trending News
HAMBURG : Tailwind Shipping Lines, a subsidiary of Lidl International, is adjusting the sailing schedules of its two liner services in order to meet its customers’ needs even better. As part of these adjustments,
September 23, 2023

Trouble ahead: Container shipping rates sinking further into the red

International Shipping, Export - Import, Trending News
It’s not looking good for container shipping lines. Peak season is running out of whatever limited steam it previously had. Spot rates are sliding into loss-making territory. Rates “continue to lose ground, bending under
September 23, 2023

Dry Bulk Market: “Rising Tides” as Water Levels Drop in Various Hubs

International Shipping, Maritime, Trade, Trending News
NEW YORK : The dry bulk market has been on a growth “spree”, as a number of disruptions in key waterways have had an impact on tonnage availability. In its latest weekly report, shipbroker
September 22, 2023

Shipping Industry must work together to create a level-playing field : Rolf Habben Jansen,Hapag-Lloyd CEO

International Shipping, Shipping Line, Trending News
BRUSSELS : The shipping industry needs to work together to accelerate the energy transition and establish a level playing field, ensuring Europe’s competitive edge on the global stage, Rolf Habben Jansen, CEO of Hapag-Lloyd
September 22, 2023

Hapag-Lloyd to use Starlink’s Satellite Internet onboard

International Shipping, Shipping Line, Technology, Trending News
HAMBURG : After a successful pilot phase, Hapag-Lloyd is set to transform connectivity at sea with the rollout of Starlink Satellite Internet Technology across its fleet. Since May, crew members aboard four pilot vessels have
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