Baltic index hits over one-month on lower capesize demand
LONDON : The Baltic Exchange’s main sea freight index continued its decline for the eighth consecutive session on Wednesday, reaching its lowest point in over a month due
FMC investigates retaliation against Shippers, Ocean Transportation Intermediaries and Motor Carrier
WASINGTON D.C. : The Federal Maritime Commission (FMC) takes seriously and investigates thoroughly allegations of common carrier or marine terminal operator (MTO) retaliation against shippers or their agents,
OOCL 3rd Quarter reports
HONG KONG : ORIENT OVERSEAS CONTAINER LINE has reported a very strong third quarter for 2024, with total revenue, liftings and revenue per container all showing significant improvement
Hong Kong Chamber of Shipping celebrates its inauguration with high-profile launch
HONG KONG : The Hong Kong Chamber of Shipping (HKCoS) marked its official establishment with a grand launch reception at the COSCO Shipping headquarters in Hong Kong. The
CULines launches a new Jebel Ali Far East Express (JFX) service
SHANGHAI : To meet customers’ demand for efficient cargo transportation, CULines announced the introduction of the JFX – Jebel Ali Far East Express. The service launched on September
ONE : New service launch connecting West Coast India and East Coast India
Ocean Network Express is delighted to announce the launch of its new weekly service – “India Coastal Express (ICE)” – connecting West Coast India, Sri Lanka and East
IMO makes progress on net-zero framework for shipping
LONDON : IMO’s Marine Environment Protection Committee advances talks on proposed regulations for cutting GHG emissions from ships. The International Maritime Organization (IMO) has achieved key progress in
GEODIS wins Singapore Customer Experience of the Year at Asian Experience Awards 2024
SINGAPORE : GEODIS, a world leader in transport and logistics, has been presented with the ‘Singapore Customer Experience of the Year‘ – Logistics Award at the 2024 Asian
Hoppe Marine and Metis cooperate in the field of cloud-based real-time fleet optimization
HAMBURG : Hoppe Marine GmbH (Germany) and Metis (Greece) have entered into a strategic cooperation in the field of onboard Data Acquisition. More specifically the cooperation ensures the seamless
Israel-Iran crisis threatens to impact India and the world
NEW DELHI : The growing conflicts between Israel and Iran have raised the spectre of an all-out military crisis that threatens to further push a volatile West Asia