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February 17, 2023

NYK and Siemens Gamesa Conclude Charter Agreement for Crew Transfer Vessel for Offshore Wind Power Generation at Ishikari Bay New Port

International Shipping, Trending News
TOKYO : On February 15, NYK has concluded a time charter contract with Siemens Gamesa, the world-leading provider of wind power solutions, for a crew transport vessel (CTV)* for an offshore wind power generation
February 16, 2023

DB Schenker and MSC seal important Biofuel Deal to help reduce Supply Chain Emissions

Logistics, International Shipping, Trending News
ESSEN(GERMANY) : First-of-its-kind agreement between a freight forwarder and a shipping line. At least 30,000 standard containers (TEU) will be transported on the world’s oceans with net-zero emissions in 2023. Certified sustainable, second-generation biofuels
February 16, 2023

MSC launches its cashew campaign at the World Cashew Conference in Dubai

International Shipping, Trending News
GENEVA : The cashew season for 2023 has started and MSC will be attending the World Cashew Conference, a leading cashew event taking place in Dubai on 23-25 February 2023.  As a leading provider of transportation and logistics services to African exporters of cashews, MSC will have
February 16, 2023

Evergreen Line suspends all operations at Iskenderun Port due to severe earthquake damage

International Shipping, Foreign Ports, Trending News
TAIWAN : Evergreen Line has suspended all services at the Port of Iskenderun due to the severe earthquake that devastated regions in Türkiye and Syria since Monday, 6 February 2023. “Structural damage to the Port of
February 16, 2023

MISC sees good prospects for LNG and tanker shipping in 2023

International Shipping, Trending News
KUALA LUMPUR : Malaysian shipowner MISC is upbeat on LNG and tanker shipping earnings in 2023 despite some softening. Kuala Lumpur-headquartered MISC reported a full year operating profit of MYR3.1bn ($705.3m) for 2022 up
February 15, 2023

HMM to jump on the methanol-fuelled containerships worth of $1.12bn

International Shipping, Shipping Line, Trending News
SEOUL : South Korea’s HMM is ordering nine 9,000 TEUs capacity boxships with methanol dual-fuelled engines from two South Korean yards. The orders worth a total of $1.12bn are split with seven newbuilds at
February 15, 2023

BSC to receive $22.48m pay-out from insurers for vessel hit by rocket in Ukraine

International Shipping, Trending News
DHAKA : State-run Bangladesh Shipping Corporation (BSC) will get a $22.48m pay-out from insurers over its abandoned bulk carrier, Banglar Samriddhi, which has been stuck in Ukrainian waters for a year, having suffered a rocket
February 14, 2023

Maersk files a lawsuit against Evergreen over Suez Canal grounding

International Shipping, Trending News
COPENHAGEN : Maersk said on Monday it had filed a lawsuit against the owner and operator of container ship Ever Given, which blocked the Suez Canal for six days in 2021, claiming compensation for delays caused
February 14, 2023

HMM’s annual profits crosses US$7 billion

International Shipping, Trending News
SEOUL : South Korean container shipping company HMM saw its revenue rose 34.7% to US$14.57 billion in 2022, while its operating profit increased by 34.8% to US$7.8 billion. The net profit of the ocean
February 14, 2023

MSC and Costamare agree to jointly fund $45m California oil spill settlement

International Shipping, Trending News
GENEVA : Mediterranean Shipping Company (MSC) has confirmed it is part of $45m settlement for claims from October 2021 pipeline spill in California, although maintains full responsibility for the incident lies with pipeline owner
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