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February 21, 2023

20ft container rental price 2023: What’s the best price to pay [+one-way lease rate]

Container, International Shipping, Logistics, Trending News
HAMBURG : With so many factors influencing a 20ft container rental price, it can be difficult to determine what’s best for your budget. In this blog, we’ll take a closer look at the prices
February 21, 2023

Cyprus pushes for EU support over shipping industry sanctions impact

International Shipping, Trending News
NICOSIA : Cyprus is speaking to other European Union member states to shore up support for the shipping industry hit by sanctions on Russia, the country’s Shipping Minister Vassilios Demetriades has revealed. Cyprus has
February 20, 2023

ZIM names its new 15,000 TEU LNG container vessel ‘ZIM SAMMY OFER’

International Shipping, Shipping Line, Trending News
SEOUL : A celebratory naming ceremony was held at the Samsung Heavy Industries (SHI) shipyard in South Korea for the new 15,000 TEU LNG-powered container ship, ZIM SAMMY OFER, the first of 10 ships
February 20, 2023

Guyana’s shore base project could cut shipping costs by about 12%

International Shipping, Logistics, Maritime, Shipping, Trending News
GEORGETOWN : Companies working on a $300 million logistics facility in Guyana that will support offshore oil operations the shore base will help reduce shipping costs for supplies by as much as 12% by
February 20, 2023

WLP pens logistics partnerships to boost Thailand trade

International Shipping, Logistics, Trending News
DUBAI : Dubai-based World Logistics Passport (WLP) has signed two Memorandum of Understanding (MoUs) with the Thai Logistics Service Provider Federation (TLSPF) and the Thai National Shippers’ Council (TNSC). These agreements aim to promote
February 20, 2023

ONE’s new service to link Israel with Egypt

International Shipping, Shipping Line, Trending News
SINGAPORE : Ocean Network Express (ONE) has decided to launch the Israel Express (ILX) service, a new weekly Israel shuttle service, connecting Israel with the port of Damietta in Egypt. The first sailing of
February 20, 2023

Empty containers pile up at global ports as trade slows

Container, International Shipping, Logistics, Ports, Shipping, Trending News
SHANGHAI : Empty containers are piling up at major ports around the world as slowing economies weigh on shipping demand. In the week of Feb. 5, the CAx (Container Availability Index) rose to 0.64,
February 18, 2023

CIMC confirms order of ten new LNG dual-fuel container ships from MSC

International Shipping, Shipping Line, Trending News
GENEVA : Chinese manufacturer China International Marine Containers (CIMC) has reportedly confirmed a new order from MSC for ten LNG dual-fuel container vessels with a capacity of 11,500 TEUs. According to a CIMC statement,
February 18, 2023

MSC introduces ID-based container pick-up

Container, International Shipping, Logistics, Shipping Line, Technology
GENEVA : Mediterranean Shipping Company (MSC) has announced the launch of ID-based container pick-up. This decision came after a successful test phase with Van Moer Logistics and MSC PSA European Terminal (MPET) in 2022.
February 18, 2023

Drewry: World Container Index Down 2% This Week

Container, International Shipping, Shipping, Shipping Line, Trending News
LONDON : Drewry’s composite World Container Index decreased by 2% to $1,954.64 per 40ft container this week. Our detailed assessment for Thursday, 16 February 2023 The composite index has decreased by 2% this week,
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