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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
April 10, 2023

China-Russia vs US-EU: How global shipping is slowly splitting in two

International Shipping, Business, Container, Tanker, Trade, Trending News
NEW YORK : Another meeting between a House speaker and Taiwan’s president, another spike in tensions in the Taiwan Strait. Last summer’s meeting between Taiwan President Tsai Ing-wen and Nancy Pelosi prompted Chinese live-fire exercises.
April 8, 2023

“K” Line starts operations of New General Dry Warehouse in Bangkok

International Shipping, Shipping Line, Trending News
TOKYO : Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that its Thailand-based group company K LINE CONTAINER SERVICE (THAILAND) LTD. (KCST) will commence the operation of a new warehouse in the
April 7, 2023

MSC at Canton Fair 2023: Committed to connecting China with Africa and beyond

International Shipping, Shipping Line, Trending News
GENEVA : MSC is delighted to be participating in the 133rd China Import and Export Fair (Canton Fair 2023) for the very first time! An event lauded as a comprehensive international trade fair with
April 7, 2023

Baltic index extends gains on firm larger vessels demand

International Shipping, Trending News
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains supported by higher rates for larger vessel segments, especially capesizes. The overall index, which factors
April 6, 2023

Dalian begins works on new MSC LNG-powered 16,000 TEU vessel

International Shipping, Shipping Line, Trending News
BEIJING : Dalian Shipbuilding (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has begun the construction of the 10th LNG-powered 16,000 TEU container ship for the Swiss shipping line Mediterranean Shipping Company (MSC).
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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