Baltimore bridge collapse could yield the largest maritime insurance losses
BALTIMORE : The Baltimore bridge collapse could cost up to $4 billion in insured losses, which would make it the most expensive incident involving a ship collision for
Jebel Ali Port returns to top-10 busiest container ports
DUBAI : Alphaliner’s report said the Middle East’s largest container port, Dubai/Jebel Ali, has re-entered the top 10 ranking of global container ports, overtaking Europe’s biggest port and
Port of Portland to stop Terminal 6 container services in October
PORTLAND : Nearly three months after requesting additional funding from the state, the Port of Portland has announced that container terminal services will end in the fall. As
India’s stand amid threat of Open War between Iran and Israel
NEW DELHI : India, caught in a tight spot over the Iran-Israel escalation, has advised both nations to exercise restraint. The tension must be resolved through “dialogue &
US container imports remain stable, with several potential global challenges to be seen
NEW YORK : In March, US container import volumes saw marginal growth compared to February, edging up by only 0.4% to reach 2,145,341 TEUs. However, TEU volumes experienced
Port of Klaipeda makes history with inaugural ship-to-ship LNG bunkering operation
LITHUANIA : The Port of Klaipeda achieved a historic milestone with the successful completion of its first ship-to-ship LNG bunkering operation. On 9 April, the LNG tanker “Avenir
Astrid Mærsk arrives in Shanghai for first green methanol bunkering in China, in partnership with S
SHANGHAI : Maersk, a global leader in integrated container logistics, achieved a milestone as the large methanol-enabled vessel “Astrid Mærsk” berths at Yangshan port in Shanghai, for the
Israel shoots down drone from Red Sea with C-Dome missiles for the first time
SANAA : Israel for the first time used a seaborne missile defence system to shoot down a drone approaching from the Red Sea that had set off sirens
Baltimore bridge collapse has not triggered an increase in ocean freight shipping rates : Xeneta
OSLO : The collapse of the Francis Scott Key Bridge in Baltimore has caused supply chain disruption on the US East Coast but, so far, it has not
PSA Singapore receives Wellbeing Innovation Award for Championing Mental Wellness in the Workplace
SINGAPORE : PSA Singapore has been honoured with the Well being Innovation award at the 2024 WorkWell Leaders Awards – an annual event organised by Singapore-based charity WorkWell