March 21, 2026
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April 12, 2023

FESCO’s fleet expanded with container ship of 704 TEU

International Shipping, Shipping Line, Trending News
MOSCOW : FESCO Transportation Group has expanded its fleet with container ship FESCO Anastasia. The flag of the Russian Federation was raised on the ship on 4 April 2023. The ship is registered in
April 12, 2023

The ONE SEA Association and the European Space Agency (ESA) have signed a MOI to support the uptake of autonomous shipping in the maritime sector

Shipping, International Shipping, Maritime, Technology, Trending News
HELSINKI : ONE SEA and ESA have decided to establish a strategic collaboration to promote the development of new space-enabled services which will support the maritime sector’s transition towards autonomous shipping. Autonomous shipping offers
April 11, 2023

Hapag-Lloyd launching new Latin America service

International Shipping, Shipping Line, Trending News
HAMBURG : Hapag-Lloyd is launching a new service connecting ports in Peru and Chile. The WCSA Feeder 4 (WS4) service is set to commence in June and vessels will calle the following port rotation: Callao
April 11, 2023

CMA CGM revises Panama Canal surcharge from Asia to American destinations

International Shipping, Trending News
MARSEILLE : French ocean carrier CMA CGM announced a revision of the Panama Canal Surcharge, which is implemented from Northeast Asia and China to East Coast Central America & Caribbean, Leeward, Windward, Guyana North Brazil,
April 11, 2023

OOCL’s Q1 revenues down 57.8%

International Shipping, Shipping Line, Trending News
HONG KONG : Orient Overseas International (OOIL) reports a 57.8% drop in revenues for the first quarter of 2023 as the plunge in container freight rates takes its toll. OOIL, which operates Overseas Orient
April 11, 2023

PIL moves out of Singapore HQ building

International Shipping, Shipping Line, Trending News
SINGAPORE : In the end of an era Pacific International Lines (PIL) has shifted out of its Singapore headquarters building in the heart of the city’s central business district after 42 years. Mr S.S.
April 10, 2023

Bangladesh to make e-seal and lock mandatory for transit goods from India

Trending News, International Shipping, Logistics, Maritime, Transport
CHITTAGONG : Bangladesh is set to make use of the electronic seal and lock mandatory for the transit and transhipment of goods from India in a bid to ensure full-proof security during movement between
April 10, 2023

MSC’s secondhand boxship buying spree passes 300 mark

International Shipping, Ship Breaking, Ship Building, Shipping Line, Trending News
GENEVA : Mediterranean Shipping Co’s (MSC) secondhand buying spree has hit the 300-vessel threshold according to analyst Alphaliner. In its weekly newsletter Alphaliner said that MSC was reported to have purchased six vessels in recent
April 10, 2023

CSSC and CMA CGM ink record-breaking deal for 16 ultra-large boxships worth $3 bln

International Shipping, Trending News
MARSEILLE : CMA CGM is reported to have signed the largest container shipbuilding order placed in China for a total of 16 new vessels to be built by yards within the China State Shipbuilding
April 10, 2023

Sea-Intelligence reports US$15 billion drop in box lines 2022 last quarter earnings

International Shipping, Business, Shipping Line, Trade, Trending News
COPENHAGEN : Even though the shipping lines recorded 2022-FY Earnings Before Interest and Taxes (EBIT) of US$138 billion, minus CMA CGM, PIL, and MSC, there were visible indications of a weakening market, according to
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