Drewry: World Container Index Down 4%
LONDON : Drewry’s World Container Index decreased 4% to $3,095 per 40ft container this week. Our detailed assessment for Thursday, 24 October 2024
Baltic index falls for ninth day on lower rates across vessels
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dipped for the ninth straight session on declines in
Russia provided intel about Houthi attacks on ships sailing through Red Sea: Report
NEW YORK : The Yemeni Houthi rebel attacks earlier this year on the crucial trade supply line that passes through the Red Sea was aided by Russian intelligence,
ReCAAP Information Sharing Centre, Japan Coast Guard and Ministry of Foreign Affairs of Japan jointl
TOKYO : The ReCAAP Information Sharing Centre (ISC), with the support of the Japan Coast Guard and Ministry of Foreign Affairs of Japan, on Friday concluded a five-day
Maersk implements PSS – Far East Asia to India, Pakistan, Sri Lanka, and Maldives
COPENHAGEN : Maersk is implementing the Peak Season Surcharge (PSS), in order to keep providing with their global services. Origin Destination Rate basis Container Rate Effective date Brunei
Hapag-Lloyd joins Maersk with major earnings upgrade as Red Sea Chaos reshapes shipping
HAMBURG : Hapag-Lloyd has followed in the footsteps of its future Gemini Cooperation partner Maersk with an upward revision of its earnings outlook for 2024, driven by stronger-than-expected demand and
CMA CGM purchases 5 High-Reefer Ships from Seatrade : Alphaliner
MARSEILLE : Container analysts at Alphaliner have reported that French shipping giant CMA CGM has acquired five high-reefer 2,259 TEU container vessels that it previously had on long-term charter from
ZIM announces PSS from Far East to East Med, West Med including Black Sea & North Europe
HAIFA : ZIM would like to update that due to current market conditions, ZIM is updating its Peak Season Surcharge (PSS) from Far East to East Med, West
OOCL signs up for Seaspan newbuilds
SINGAPORE : The COSCO-controlled liner operator said in a stock exchange filing it would charter the newbuild for 15 years each and pay a total of about RMB11.2bn ($1.57bn). The
“K” LINE to trial Inmarsat Maritime’s new bonded network service NexusWave on “K”
TOKYO : Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Inmarsat Maritime, a Viasat company, are pleased to announce that “K” LINE will conduct a trial of Inmarsat Maritime’s new