OOCL signs up for Seaspan newbuilds
SINGAPORE : The COSCO-controlled liner operator said in a stock exchange filing it would charter the newbuild for 15 years each and pay a total of about RMB11.2bn ($1.57bn). The Bing Chen-led Seaspan contracted Hudong-Zhonghua Shipbuilding
“K” LINE to trial Inmarsat Maritime’s new bonded network service NexusWave on “K” LINE’s fleet
TOKYO : Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Inmarsat Maritime, a Viasat company, are pleased to announce that “K” LINE will conduct a trial of Inmarsat Maritime’s new bonded network service NexusWave on “K”
Ahead of Cyclone ‘DANA,’ PPA implements precautionary measures including safe relocation of ships to mitigate potential disruptions
PARADIP : As Cyclone “DANA” draws near, anticipated to affect Paradip Port on October 24th and 25th, 2024, the Paradip Port Authority has initiated a series of precautionary measures to ensure safety and minimize
UNCTAD report reveals shipping costs burden developing countries disproportionately
WASHINGTON : The United Nations Conference on Trade and Development (UNCTAD) has published its latest annual report, Review of Maritime Transport 2024, which sheds light on the significant challenges poorer nations face in meeting their
CMA CGM Group and SUEZ sign MoU to develop the production of biomethane in Europe and the low-carbon transition of maritime transport
MARSEILLE : CMA CGM Group, a global player in maritime, land, air and logistics solutions, and SUEZ, a world leader in circular waste management solutions, signed a memorandum of understanding (MOU) on 18 October.
Maersk denies Houthi claim container ship hit by Yemeni militia
COPENHAGEN : Maersk Line has denied a claim by Yemen’s Iran-aligned Houthi movement that the militia carried out a drone strike on a Maersk vessel sailing towards Israel. The Houthis earlier claimed it carried
Strong container throughput drives Port of Antwerp-Bruges growth despite challenging market conditions
ANTWERP : After nine months, Port of Antwerp-Bruges saw a total throughput of 210.5 million tonnes, an increase of 3% compared to the same period last year and a stabilisation in comparison to the
How wind power could be future of cargo shipping
SOUTHAMPTON : An experimental wind-powered cargo ship has arrived in Southampton to undergo sea trials. The 5,000-tonne cargo carrier, Pacific Grebe, has been retrofitted with a new 20-metre (65ft) wing-sail to allow it to