March 15, 2023
March 21, 2026
March 15, 2023
ZIM sets floor for Transpacific contract container rates
HAIFA : Annual contracts are being negotiated between shippers and lines on the Transpacific container trade ZIM warns if rates are too low it will stop sailing. Container spot rates have plummeted from record
March 14, 2023
MSC shatters records with delivery of second ultra large and World’s largest 24,346 TEUs, MSC Irina
GENEVA : The world’s largest container shipping company MSC is delivering on its promise to inject massive vessel capacity into its fleet this year. Namely, the Swiss-based container shipping giant has welcomed into the
March 14, 2023
CMA CGM Group announced direct Bangladesh-India Gulf Express (BIGEX) Service
MARSEILLE : The CMA CGM Group, a global player in sea, land, and air logistics solutions, announced the launch of the new Bangladesh India Gulf Express (BIGEX) Service. It will debut as the first
March 14, 2023
NYK creates history with sale of first vessel for green recycling
TOKYO : Nippon Yusen Kaisha (NYK) has sold its 1998-built multipurpose (MPP) vessel Kamo to PHP for recycling in line with the Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships (HKC). Chattogram-based
March 14, 2023
ZIM reports 16% increase Y-o-Y annual revenues amid slight container decline
HAIFA : Israel-based container line ZIM Integrated Shipping Services has published its operating and financial results for the full year ending 31 December 2022. ZIM reported a year-on-year decline of 3% in its container
March 14, 2023
Milaha’s Ordinary and Extraordinary General Assembly Meeting approved distribution of 35% Cash Dividend
DOHA : Qatar Navigation Q.P.S.C. (“Milaha”) held its Ordinary and Extraordinary Annual General Assembly Meeting virtually, on 12th March, at the Company’s headquarters, during which the Shareholders approved Ordinary General Assembly Meeting agenda, including the
March 14, 2023
China remains most important partner for German seaports in container traffic
BEIJING : China remained the “most important partner” for German seaports in container traffic in 2022, accounting for more than one-fifth of the country’s container throughput, the Federal Statistical Office (Destatis) said it recently.
March 14, 2023
Saudi Arabia signs IALA Convention
RIYADH : The Saudi Ports Authority (Mawani) has announced that the Kingdom has officially signed the Convention on the International Organization for Marine Aids to Navigation that transforms the International Association of Marine Aids
March 14, 2023