SFL secures new 5-year charters for four containerships
HAMILTON,BERMUDA : SFL Corporation Ltd. announced the agreement of new 5-year time charters for four 8,700 TEU container vessels, adding approximately $240 million to the company’s fixed rate
ABB–Arkitech collaboration delivers significant HVAC efficiency gains for MSC Magnifica
ZURICH : A collaboration between ABB and Arkitech has brought significant efficiency gains for the heating, ventilation and air-conditioning (HVAC) system on board MSC Magnifica. Using artificial intelligence and
Sri Lanka won’t ban any foreign research ships from its ports from 2025
COLOMBO : Sri Lanka has decided to lift from next year a ban on the visit of foreign research ships imposed after strong security concerns raised by India
Maersk awarded “3PL Company of the Year” for the second consecutive year
BIRMINGHAM : Maersk, Once again has received a prestigious “3PL Company of the Year” recognition at the Multimodal event in Birmingham, the UK’s leading supply chain conference and
Container Port snarls now nearing Covid highs
SINGAPORE : Global container port congestion is now around 9 million TEU, close to the peak of 9.6 million TEU seen during the Covid-19 pandemic, according to a
Shipping delays surge at Singapore Port
SINGAPORE : The number of vessels arriving at the Port of Singapore which was 2,303 last month increased 66 per cent compared to May 2023. Through May, Singapore
90% of container vessels delayed in Singapore amid Red Sea crisis : Chee Hong Tat
SINGAPORE : Singapore’s Transport Minister Chee Hong Tat informed parliament in his recent written response that around 90% of container vessels are arriving off-schedule in Singapore due to
PIL has launched the market’s first China Calcutta Service (CCS)
SINGAPORE : Pacific International Lines (PIL) is pleased to announce that we have launched our China Calcutta Service (CCS), the first in the market to link South China to
MSC announces new East-West service network adjustments
GENEVA : MSC will adjust its new standalone services, Swan and Britannia aiming to enhance its network.Swan service will become Swan-Sentosa to provide a new corridor for Eastbound
Hapag-Lloyd CEO sees solid shipping demand driving up freight rates
HAMBURG : Solid container shipping demand has driven up freight rates over the past two months, Hapag-Lloyd Chief Executive Mr. Rolf Habben Jansen said in a call with