Egypt tests new extension of the Suez Canal
CAIRO : Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact of currents on shipping and increase the
Shanghai Port sets world record for annual throughput at 50 Million TEUs
SHANGHAI : A container draped in festive red and marked “The 50 Millionth TEU of Shanghai Port’s Container Throughput in 2024” was smoothly lifted from an automated guided
PSA Singapore hits record-breaking annual throughput of more than 40 Million Teus
SINGAPORE : PSA Singapore (PSA) reached a significant milestone, handling over 40 million Twenty-foot Equivalent Units (TEUs) in 2024. This new record surpasses PSA’s previous annual high of
MSC orders additional 10 LNG dual-fuel boxships
GENEVA : Mediterranean Shipping Company (MSC), the world’s largest container shipping company, has ordered ten more liquefied natural gas (LNG) dual-fuel vessels in China. The shipowner placed an
Russia’s first ice-class LNG carrier enters sea trials
MOSCOW : The first Russian-built ice-class liquefied natural gas (LNG) carrier has entered sea trials, LSEG data showed on Friday, as part of Russia’s efforts to raise global
ONE upgraded BBX service revamp
SINGAPORE : Ocean Network Express (ONE) has upgraded its Baltic Bridge Express (BBX) Service, designed to provide its clients with expanded port coverage. The new BBX Service rotation
New Bangladesh-Pakistan direct shipping route starts delivering results: DP World
KARACHI : More than 1,000 containers were shipped between Pakistan and Bangladesh since the launch of the ‘first direct shipping route’ between the two South Asian countries in
Enhancing supply chain resilience amid rising global risks : UNCTAD
GENEVA : Exploring strategies to bolster resilience in the shipping industry and for cargo owners, amidst compounding environmental, economic, and geopolitical challenges. Rising global risks and polycrisisThe global
Major changes to global shipping alliances effective February 2025
MUMBAI : Global Shipping Alliances to face several major changes effective February 2025. Dissolution of the 2M Alliance The partnership between MSC and Maersk ends, which allowed the
DP World and NLC launch direct shipping service to Bangladesh to boost subcontinent regional connect
KARACHI : DP World and NLC have shipped more than 1,000 containers between Pakistan and Bangladesh since launching the first direct shipping route between the two countries in