ClassNK appoints new President & CEO and Executive Vice President
TOKYO : Current Senior Vice President Hayato Suga has been appointed as President & CEO as well as Representative Director of ClassNK and current Corporate Officer Fumihiko Higashi
Rising rates across all segments push Baltic Index to one-week peak
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index, which monitors rates for vessels moving dry bulk commodities, rose to a one-week high on Monday, helped by
Will port fee proposals reshape US dry bulk imports and export trades?
LONDON : Cargo movements into and out of the United States could be re-shaped by proposals to levy fees on port calls by Chinese built or operated vessels,
DP World announces major expansion to increase global capacity by 5.4 Million Teus in 2025
DUBAI : DP World has unveiled plans to enhance its global container handling capacity by approximately 5.4 million twenty-foot equivalent units (TEUs) throughout 2025. This expansion aims to
Hong Kong based CK Hutchison Holdings’ sale of Panama Ports to U.S. investors sparks criticism
HONG KONG : The controversy surrounding the deal by CK Hutchison, founded by Hong Kong billionaire Li Ka-shing, to sell its ports operations on both ends of the Panama
US Tariffs on Chinese built ships and fleets
LONDON : The Club has been receiving enquiries and requests for draft charter clauses from members about the proposed U.S. ‘Make Shipbuilding Great Again’ Order and potential imposition
Advice for BIMCO members in relation to proposed US trade action
LONDON : On 21 February, The Office of the United States Trade Representative (USTR) announced it was inviting comments from the public in respect of its “Section 301
DP World to begin construction of £1BN London Gateway expansion
LONDON : Construction work to expand London Gateway and establish the facility as the UK’s largest container port will begin in May after DP World was given approval
COSCO Shipping Christen The Largest LNG Dual-Fuel Car Carrier in the fleet—— “Wenjingkou&#
SHANGHAI : COSCO Shipping Specialized Carriers held the naming ceremony for its largest LNG dual-fuel car carrier, the “Wenjingkou“, at the Shanghai Waigaoqiao Shipyard. The vessel, with a
CULines launches JPS Feeder Service to strengthen regional transhipment
SHANGHAI : CULines to launch the new Jeddah-Port Sudan Express (JPS) feeder service to expand its Red Sea service network and enhance Jeddah transhipment services, starting from April
