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August 23, 2025

Cubo Maritime & Port completes three years of fast-tracked decarbonisation, AI, and business development in the port industry

International Shipping, Foreign Ports, Maritime, Shipping Line, Technology, Trending News
SAO PAULO: Completing three years of operation, Cubo Maritime & Port — Cubo Itaú’s sector hub in collaboration with Wilson Sons, Port of Açu, and Hidrovias do Brasil — successfully fulfils its role as
August 23, 2025

Lower capesize rates drag Baltic Index to over 1-month low

International Shipping, Shipping Line, Trade, Trending News
LONDON: The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for the fourth-straight session on Thursday, hitting an over one-month low, because of dip in capesize
August 22, 2025

Three Japanese firms join forces to build automobile trade corridor between India and Africa

International Shipping, Global Trade, Trending News
YOKOHAMA : Three Japanese companies — Mitsui O.S.K. Lines, Ltd, TradeWaltz Inc. and Suzuki Motor Corporation — have signed a Memorandum of Understanding (MOU) for cooperation on collaboration in automobile trade between India and
August 22, 2025

Drewry’s World Container Index decreased 4% to $2,250 per 40ft container this week

Container, International Shipping, Shipping Line, Trade, Trending News
LONDON: For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index decreased 4% to $2,250 per 40ft container this week.  Drewry’s detailed assessment for
August 22, 2025

Strategic Marine in groundbreaking tie-up with US’ Eureka Naval Craft to build Next-Gen Modular Attack Surface Craft in Singapore

International Shipping, Maritime, Ship Building, Technology, Trending News
SINGAPORE: Premier Singapore-based shipbuilder Strategic Marine has signed a Memorandum of Understanding with US-based advanced naval innovation leader Eureka Naval Craft to collaborate on the construction of the first-ever Aircat Bengal MC Modular Attack
August 21, 2025

ONE launches intermodal service in Saudi Arabia

International Shipping, Logistics, Trending News
SINGAPORE : Ocean Network Express (ONE) is launching inland logistics services in Saudi Arabia from the port of Damman on the Arabian Gulf. The service called “Door Delivery” includes customs clearance with connections between
August 21, 2025

Klaipėda Port Authority to develop Jurbarkas as a new inland cargo hub in Lithuania

International Shipping, Foreign Ports, ICD, Transport, Trending News
KLAIPEDA: A contract has been signed between Klaipėda Port Authority and Jurbarkas District Municipality, under which the Port Authority becomes the operator of one of the quays. The agreement opens the way for the
August 21, 2025

BIFA welcome Government’s pragmatic approach to border controls

Association, International Shipping, Trade, Trending News
LONDON : The British International Freight Association (BIFA) welcomes the UK Government’s decision to pause the implementation of additional import controls on EU and EFTA goods, announced in the wake of the UK-EU Summit
August 21, 2025

Anglo-Eastern selects Inmarsat’s NexusWave for Hadley Shipping Group

International Shipping, Maritime, Shipping Line, Technology, Trending News
LONDON: Inmarsat Maritime, a Viasat company, has announced that Anglo-Eastern will upgrade Hadley Shipping Group’s fleet to Inmarsat’s fully managed bonded connectivity solution, NexusWave. Hadley Shipping Group is a long-standing Inmarsat Maritime user. Its
August 20, 2025

Wan Hai Lines launches Far East to Mediterranean Service I (FM1)

International Shipping, Shipping Line, Trade, Trending News
SINGAPORE : Wan Hai Lines is expanding its service network by launching a (FM1)Far East to East Mediterranean direct service. The service will be operated by 4,300 ~ 5,000 TEU vessels. Port rotation of
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