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May 24, 2023

CMA CGM revises Peak Season Surcharge

International Shipping, Trending News
MARSEILLE : French ocean carrier CMA CGM has announced the revision of a peak season surcharge (PSS) from the Indian Subcontinent, Middle East Gulf, Red Sea and Egypt to the United States East Coast
May 24, 2023

DP World launches direct freight service between UAE and Iraq

Trending News, Foreign Ports, International Shipping, Logistics
DUBAI : DP World, a leading provider of global supply chain solutions, has launched the first direct freight service between the UAE and Iraq to make the flow of goods between the two countries
May 24, 2023

PSA collaborate with Kazakhstan Railways to boost trade via the Trans-Caspian route

International Shipping, Ports, Trending News
SINGAPORE : PSA International, a global provider of ports and supply chain solutions, and Kazakhstan Railways, the operator of the country’s primary railway network, have agreed to form a joint venture business, KPMC. KPMC
May 23, 2023

Shipping lines beat IMO carbon target

International Shipping, Maritime, Shipping Line, Trending News
TAIPEI : Taiwan’s two largest shipping carriers have reduced their carbon emissions by 40 percent, seven years ahead of a goal set by the International Maritime Organization (IMO), Minister of Transportation and Communications Wang
May 23, 2023

Container shipping under pressure as peak season hopes dim

Trending News, Business, International Shipping, Shipping Line, Trade
LONDON : One of the earlier scenarios for container shipping’s 2023 peak season went like this: Importers would get cocky and keep much of their business in the spot market. Shipping lines would heavily
May 23, 2023

Wan Hai adds Colombo call in ‘AA7 Service’

International Shipping, Shipping Line, Trending News
TAIPEI : Wan Hai Lines has added a call at Colombo, Sri Lanka, to its Asia-US East Coast service. On 16 May, the newly built 13,000 TEUs Wan Hai A10 docked at Colombo as
May 23, 2023

ONE is going to open new office in Ireland

International Shipping, Shipping Line, Trending News
SINGAPORE : Ocean Network Express (ONE) opens its first wholly owned Irish office, Ocean Network Express (Europe) Ltd, Ireland Branch on 1 June 2023. United Liner Agency Ltd (Dublin) – the present appointed agent
May 23, 2023

Two new shipping services calling at Moín Container Terminal in May

International Shipping, Shipping Line, Trending News
COSTA RICA : Costa Rica welcomed two new shipping services at the Moín Container Terminal (TCM) in May. More specifically, the first call of the Venezuela Line (VEL) service operated by the ZIM shipping
May 23, 2023

China’s weekly export container shipping index down

EXPORT, International Shipping, Trending News
BEIJING : China’s index of export container transport declined in the week ending on May 19, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) went down 1 percent from
May 22, 2023

Chattogram to Ranong direct shipping yet to start after 1.5 years of signing MoU

Trending News, Foreign Ports, International Shipping
DHAKA : Traders in Chattogram were quite upbeat when Bangladesh and Thailand signed a memorandum of understanding in December 2021 to launch direct coastal shipping services between Chattogram and Ranong ports. It would save
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