PIL partners IRIS Liners for TPS Service
SINGAPORE : For the Thailand Philippines Straits Service (TPS) which was announced on 2 February 2023, PIL is pleased to be partnering IRIS Lines, the shipping division of
Maersk Asia Pacific market update (January 2023)
COPENHAGEN : The global demand outlook shows little sign of any short-term improvement. The developed nations are still facing inflationary and recessionary pressures which is dampening the outlook
CMA CGM announced the NC LEVANT new service setup
MARSEILLE : CMA CGM announced the NC LEVANT new service setup, which aims to improve regional coverage after the company’s recent investment in Egypt’s Trans Misr Terminal (TMT).
Drewry: Multipurpose Time Charter Index Remained Flat in January
LONDON : The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the
Maersk North America and Ashdod Port Company sign agreement to collaborate on logistics and supply c
ISRAEL : Ashdod Port Company has signed an agreement with Maersk North America – to collaborate on innovation opportunities in supply chain logistics. The agreement enables Israeli startups
Early hints of container demand rebound expectations seen in China
HAMBURG : An increase in port congestion and container pickup charges in China point to a recovery in demand for container transportation. According to date from container logistics
NYK Donates 3 Million Yen to Nishio City in Aichi Prefecture
TOKYO : NYK will donate 3 million yen to Nishio City for the purpose of environmental conservation on Sakushima Island in Aichi Prefecture. A ceremony recognizing the donation
Chery in shipyard venture to build its own car carriers
WEIHAI: Chinese automotive manufacturer Chery is going to develop car carrier construction base in Weihai, Shandong province, to meet its growing automobile transportation demands. Chery will partner with
Israel, India, UAE forge new trade route linking regions
HAIFA : Israel, India, and the UAE can put a modern spin on ancient trade by linking ports in a caravan of goods fit for the 21st century
MSC announces new container service in Europe
GENEVA : MSC has decided to start a new weekly feeder service connecting Ireland, France and Belgium, effective from the end of February. The service will connect Dublin