Container ship fleet expands by 11%, fastest growth in 15 years : BIMCO
LONDON : “Since the beginning of the year, the capacity of the container ship fleet has increased by 1.6m TEU. Compared to one year ago, the capacity has
Maersk Frankfurt fire – Indian Coast Guard’s efforts continue for fourth day
GOA : Indian Coast Guard’s efforts to fight the blaze on cargo ship Maersk Frankfurt began on Friday evening, and are still going on for the fourth day. At
Hapag-Lloyd applies US$1,000 GRI from Indian Subcontinent and Middle East to North America
HAMBURG : Hapag-Lloyd has announced a General Rate Increase (GRI)/ General Rate Adjustment (GRA) from the Indian Subcontinent and Middle East to North America. The GRI will apply
SeaLead announces Board of Directors and Global Chief Executive Officer to propel growth
SINGAPORE : SeaLead, a fast-growing global shipping line, announced a series of strategic appointments at a time of continued growth and expansion in strategic regions, having achieved its
Trade Tech revolutionizes Global Logistics with Real-Time Communication via Platform-Integrated Cha
SEATTLE : Trade Tech, Inc., a global logistics platform, introduces its latest update: a groundbreaking real-time chat capability built natively into its industry-leading global logistics platform. This new
Israel strikes Houthi-controlled Port in Yemen after deadly drone attack on Tel Aviv
YEMEN : The Israeli Air Force struck the Houthi-controlled Port of Hodeida in western Yemen on Saturday, the military and local media said, a day after a drone
Xeneta sees first crack in container carrier spot rate consensus
OSLO : With some 450 million data points Xeneta believes that it is well positioned to feel container shipping’s pulse and its latest information has shown a blip
Port of Mombasa cargo volume rise as Dar es Salaam and Djibouti hit by congestion
MOMBASA : The volume of the transit cargo handled through the Port of Mombasa has grown significantly on the back of the Kenya Ports Authority (KPA) renewed push
Houthis damage cargo ship in Gulf of Aden as it steps up attacks
CAIRO : Yemen’s Houthi rebels hit and damaged a Singapore-flagged container ship with two missiles on Friday as they escalate attacks on global shipping over Israel’s war in
Tussle between HMM and Samsung escalates
SEOUL : The legal wrangling between South Korea’s flagship carrier HMM and its compatriot conglomerate Samsung Electronics is deepening. After Samsung Electronics’ US branch filed a complaint with