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April 19, 2023

Container spot rates on a ‘likely recovery path’: HSBC

International Shipping, Container, Sea Cargo, Shipping Line, Trade, Trending News
LONDON : Spot container freight rates have stabilised and HSBC Global Research notes sign of a recovery in its latest report. n its Global Freight Monitor HSBC noted with surprise that the Shanghai Containerized
April 18, 2023

Container xChange : Box lines step up calls to Indian subcontinent and Middle East amid manufacturing shift

International Shipping, Trending News
Shipping lines have been creating services in the Indian sub-continent and the Middle East as these regions are now creating hubs for manufacturers, and there is the infrastructure to support ocean transport, according to
April 18, 2023

The Singapore tanker Success-9 with its crew found safe off West Africa

International Shipping, Trending News
The Singapore-registered tanker Success-9 boarded by pirates in the Gulf of Guinea has been found five days after it went missing and all the crew are safe. The 6,135 dwt chemical tanker was reported
April 17, 2023

Maersk opens new Global Service Centres in Mexico and Brazil to better serve customers in the Americas

International Shipping, Trending News
MEXICO CITY : The new Global Service Centres in the Americas will provide regional expertise to continue delivering a consistent and improved customer experience. A.P. Moller – Maersk (Maersk) has announced the opening of
April 17, 2023

Maersk launches methanol-powered feeder to reduce carbon emissions

International Shipping, Ship Building, Trending News
COPENHAGEN : Container shipping heavyweight Maersk has achieved a major milestone in its efforts to reduce carbon emissions with the successful launching of its first methanol-powered feeder vessel at the Hyundai Mipo Dockyard. “The
April 17, 2023

ClassNK grants Innovation Endorsement Provider certification to FUKUJIN KISEN CO., LTD

International Shipping, Trending News
TOKYO : Leading Classification Society ClassNK granted the Class C Innovation Endorsement Provider Certification to FUKUJIN KISEN CO., LTD, a ship owning company based in Ehime, Japan.  ClassNK offers its third-party Innovation Endorsement “Provider
April 17, 2023

GSBN completes PoC using confidential computing to transform global trade finance

International Shipping, Trending News
Global Shipping Business Network (GSBN) completes a ground-breaking proof-of-concept (PoC) with the British multinational universal bank and financial services holding company HSBC to harness confidential computing technology through Decentriq Data Clean Rooms to transform global
April 15, 2023

PIL’s independent Board of Directors visit new office at Guoco Midtown

International Shipping, Trending News
SINGAPORE : PIL was pleased to welcome its Independent Non-Executive Board Directors to its new head office in Singapore at Guoco Midtown on 13 April 2023. Mr Ng Kee Choe, Deputy Chairman, Mr Chandra
April 15, 2023

NYK certifies Ship-Recycling Facility in Bangladesh for Meeting Environmental, Safety, and Human Rights Standards

International Shipping, Trending News
DHAKA : NYK has certified PHP Ship Recycling Facility in Bangladesh for meeting NYK’s standards for ship-recycling measures pertaining to the environment, safety, occupational health, and respect for human rights. PHP Ship Recycling Facility,
April 15, 2023

NYK joins World Business Council for Sustainable Development

International Shipping, Trending News
TOKYO : NYK has joined the World Business Council for Sustainable Development (WBCSD); headquarters: Geneva, Switzerland), a global community of business sectors to challenge sustainability issues. NYK President Takaya Soga will represent the company
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