Seaspan has ordered 27 container vessels in June only
VANCOUVER : The containership new building market has accelerated notably in 2024 and at a very high pace over the last couple of weeks. Seaspan Corporation has given
Global trade conditions continue to deteriorate in July
NEW YORK : The worldwide Purchasing Managers’ Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade continued to deteriorate headed into the second half
Drewry: World Container Index Down 3% Last Week
LONDON : Drewry’s World Container Index decreased 3% to $5,551 per 40ft container last week. Drewry’s detailed assessment for Thursday, 08 August 2024 The latest Drewry WCI composite
Baltic index set for first weekly gain in four on strong capesize demand
LONDON : The Baltic Exchange’s main sea freight index marked its first weekly gain in four on Friday, helped by higher rates for capesize vessel segments. The overall
Legendary Cricketer Sourav Ganguly joins Blue Ocean Corporation’s Member of Board
MUMBAI : Former India cricket captain and Chairman of the ICC Cricket Committee, Mr. Sourav Ganguly is now set to bring his leadership and strategic acumen to the
MSC enhances Asia-Middle East trade network
GENEVA : MSC has launched a new standalone service, Clanga, reinforcing its ongoing commitment to providing an extensive network of direct port pair connectivity to address the challenges
Container explodes on Yang Ming ship in Ningbo
NINGBO : One of Yang Ming Marine Transport’s ships suffered an explosion on 9 August around 1.40 pm local time, while berthed in Ningbo, China. Video footage taken
Houthis target container ship & 2 U.S. Navy destroyers using drones & missiles
The Yemeni Houthis have claimed responsibility for the attack on the Liberian-flagged container ship Contship Ono in the Red Sea and two U.S. Navy destroyers, the Cole and
Female NYK Executive participates in Regional Summit hosted by UN Global Compact
TOKYO : NYK Executive Officer Yuko Tsutsui participated in a panel discussion at the regional flagship event “Forward Faster Now | Asia & Oceania”* held by the United
MSC achieves record market share in Container Shipping
GENEVA : MSC has reached an unprecedented market share of 19.8%, the highest ever recorded by a carrier, according to Alphaliner. The Geneva-based carrier has added about 400,000