May 15, 2023
May 5, 2026
May 15, 2023
Baltic index logs worst day in three weeks on lower vessel rates
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell the most in three weeks on last Thursday, pressured by lower rates across all vessel
May 15, 2023
Panama Canal maintenance work aims to extend its life by a century
PANAMA : From their vantage point in cranes overlooking the Panama Canal, operators scrutinize the century-old walls of one of its locks as the high-pitched siren of a merchant ship resonates from nearby. In
May 13, 2023
Shipping starts on the Chittagong-Dubai route
DHAKA : Shipping has recently started in the Chittagong-Dubai route even as part of its debut journey, a ship carrying 121 export containers from Bangladesh left Chittagong Port recently to Jebel Ali port in
May 13, 2023
Dubai unveils World’s Largest Ocean Restoration and Ecotourism initiative
DUBAI : Dubai Reefs comprises a sustainable floating community dedicated to marine research, ecotourism, and regeneration. The assignment includes residential, retail, hospitality, educational, and research facilities. Dubai Reefs is the world’s largest Ocean Restoration
May 12, 2023
Maersk injects additional vessels into Asia – Europe services
COPENHAGEN : Maersk has announced changes to its Asia – Europe network aiming to improve the reliability of its services and enhance their fuel efficiency. As of week 23, Maersk has decided to inject
May 12, 2023
Hapag-Lloyd Q1 2023 : Good resilience in weaker market environment
HAMBURG : Hapag-Lloyd has concluded the first quarter of 2023 with an EBITDA of USD 2.4 billion (EUR 2.2 billion). EBIT decreased to USD 1.9 billion (EUR 1.7 billion) compared to the same quarter
May 12, 2023
DP World’s Jebel Ali Free Zone looks to cut shipping cost between UAE & India
JEBEL ALI : Dubai-based Logistics firm DP World’s Jebel Ali Free Zone (Jafza) has said it aims to reduce time and cost of shipping goods between India and the UAE under its India-UAE Bridge
May 12, 2023
International shipping to converge in Europe’s maritime capital at Europort 2023
ROTTERDAM : The biennial exhibition and conference at the Rotterdam Ahoy presents a diverse line-up of events and attractions designed to promote collaboration and innovation towards a more sustainable shipping industry. Taking place from
May 12, 2023