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October 30, 2023

ONE launches New Indian Ocean Mediterranean Service

International Shipping, Logistics, Shipping Line, Trade, Trending News
SINGAPORE : Ocean Network Express (ONE) announces the new Indian Ocean Mediterranean service (IOM). This new service connects India, Pakistan and the Middle East with the Mediterranean region and will provide customers with an
October 30, 2023

MSC celebrates South African milestone

International Shipping, Shipping Line, Trade, Trending News
GENEVA : In a heartfelt ceremony for clients and colleagues hosted by Mediterranean Shipping Company, the first social gathering of its kind since the Covid-19 outbreak almost four years ago, the world’s leading line
October 30, 2023

Jeddah Islamic Port wins the Advanced Port Infrastructure Award 2023

Foreign Ports, International Shipping, Ports, Trade, Trending News
RIYADH : The Saudi Ports Authority “Mawani”, represented by the Jeddah Islamic Port, has won the Advanced Port Infrastructure Award at the Landmarks in Logistics Awards 2023, held in the United Arab Emirates. This
October 30, 2023

Samskip initiates strategic expansion in Baltic Sea region launching new direct short-sea service between Finland, Latvia, the United Kingdom and the Netherlands

International Shipping, Logistics, Shipping Line, Trending News
ROTTERDAM : Early next month, Samskip will celebrate the maiden voyage of the Samskip owned and operated weekly service connecting Rotterdam, Helsinki, Riga and Hull. This new service is a direct reflection of Samskip’s
October 28, 2023

COSCO SHIPPING Ports reports over 35 million TEUs and US$360 million revenue in third quarter

International Shipping, Shipping Line, Trade, Trending News
SHANGHAI : COSCO SHIPPING Ports’ total throughput increased by 4.1% year-on-year to 35.6 million TEUs in the third quarter of 2023, while, the equity throughput increased by 2.7% year-on-year to 11.4 million TEUs. Moreover, the
October 28, 2023

BIMCO: Containerships hit their highest average age to date

Container, International Shipping, Logistics, Shipping, Shipping Line, Trending News
COPENHAGEN : Containerships have now reached their highest average age to date, standing at 14.2 years. This places them as the oldest vessels among the three major shipping sectors. In contrast, dry bulk vessels
October 27, 2023

Israel to pay compensation for ships damaged in Gaza war

Ports, Foreign Ports, International Shipping, Maritime, Shipping, Trending News
JERUSALEM : Israel will provide compensation for ships that are damaged due to the war in Gaza and the government is taking steps to minimise risks for vessels using the country’s ports, government advisories
October 27, 2023

Russia strikes deal with Dubai’s DP World to develop Arctic Sea route

International Shipping, Maritime, Trending News
MOSCOW : Russian Nuclear Agency Rosatom said on Tuesday it has set up a joint venture with Dubai’s DP World to develop container shipping through the Arctic as part of an initiative heavily promoted
October 26, 2023

Global shipping might get affected by Middle East conflict : Reports

Export - Import, Foreign Ports, Global Trade, International Shipping, Ports, Trending News
DHAKA : In yet another concerning development for the export-oriented apparel industry of Bangladesh, Syed Mohammad Arif, President of the Bangladesh Shipping Agents Association (BSAA), reportedly expressed this concern. Israel’s attacks on Gaza, in
October 26, 2023

Ocean Alliance’s dominant era comes after 2M breakup

International Shipping, Shipping Line, Trending News
SINGAPORE : The Ocean Alliance comprising CMA CGM, COSCO Shipping Lines and Evergreen Marine Corporation is set to become the largest box shipping alliance once the 2M partnership ends in 2025. 2M’s extinction will
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