KEELUNG : Yang Ming Marine Transport Corporation (“Yang Ming”) held its 400th Board Meeting on Friday (20th Dec) and approved a new fleet optimization plan. This plan includes
RIO DE JANEIRO : Wilson Sons started cabotage operations to unload wind turbine blades via Rio Grande Container Terminal (in Rio Grande do Sul). The first blade came
NEW JERSEY : SeaCube, a global leader in refrigerated intermodal equipment leasing, has partnered with Greensee to launch innovative solutions that redefine sustainability in the refrigerated transport sector.
HAMBURG : The rating agency Moody’s Investors Service (Moody’s) has raised Hapag-Lloyd’s credit rating by one notch from ‘Ba2’ to ‘Ba1.’ This is the highest credit rating assigned
BERLIN : Mitsui O.S.K. Lines (MOL) has been awarded the World LNG Shipping Award 2024 at the World LNG Summit held in Berlin, Germany, from 9-12 December. On December
SINGAPORE : SeaLead, a fast-growing global shipping line, announced the launch of its new Dubai, Karachi to East Africa (DUKE) service, a direct liner service connecting Pakistan with
LONDON : The deadline to take part in the 2024 IMO-WISTA Women in Maritime Survey is just two weeks away, closing on 31st December. The survey will provide a
HAMBURG : Effective 1 January 2025, Ian Beveridge will hand over the executive management of Bernhard Schulte Shipmanagement (BSM) to BSM’s Chief Financial Officer Sebastian von Hardenberg. Beveridge will
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index, which tracks rates for ships carrying dry bulk commodities, extended losses to a 17-month low on Thursday, dragged
LONDON : Despite the fastest growth in supply and the fleet since 2010, the supply/demand balance tightened in 2024. Ship demand has increased as 90% of the capacity