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
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)
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
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,
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
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,
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
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
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
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