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Ocean container shipping rates could test record highs as Iran war fuel spike drives rise, analysts say

LONDON : The off-contract ocean container shipping rate from China ‌to the U.S. East Coast has returned to levels seen after COVID-19 upended global...

Container shipping resumes Suez Route amid renewed Red Sea risks

CAIRO: Container shipping’s return to the Suez Canal is gathering pace, even as fighting around the southern entrance to the Red Sea is moving...

The Houthis have further tightened their grip on the Red Sea. Here’s what it could mean for the world

LONDON: In recent days, the Houthi rebels in Yemen have moved with lightning speed along the Red Sea coast, taking control of the vital...

Maersk, Hapag-Lloyd to sail more container ships through the Suez Canal

COPENHAGEN: Shipping group Maersk said on Monday that four more of its joint container services with Germany's Hapag-Lloyd will resume sailings through the Suez...

“K” LINE – AiP acquired for Standard Low-Pressure Liquefied CO₂ Carrier toward Realization of CCS Business in Japan

BANGKOK: Six companies, including Kawasaki Kisen Kaisha, Ltd. (“K” LINE), Mitsui O.S.K. Lines, Ltd. (MOL), Nippon Yusen Kabushiki Kaisha (NYK Line), Nihon Shipyard Co.,...

ClassNK issues Approval in Principle (AiP) for a 42,000 m³ LCO₂ carrier

BANGKOK: ClassNK has issued an Approval in Principle (AiP) for the design concept of a 42,000 m³ liquefied CO₂ carrier jointly developed by Kawasaki...

Chennai Port Authority launches Container Rail Promotion Scheme to boost Hinterland Connectivity

CHENNAI: In a significant move aimed at strengthening rail-based container transportation and expanding its hinterland connectivity, the Chennai Port Authority (ChPA) has introduced the...

No signed Hormuz deal expected yet from Oman meeting on Monday, Iranian official says

OMAN: A meeting between Iran and Gulf states planned for Monday in Oman will be a chance to discuss issues including ​the Strait of...

World Shipping Council Urges Action on Undeclared Small Lithium-Ion Battery Cargoes

WASHINGTON D.C.: The World Shipping Council is pressing governments to close a regulatory gap that allows large volumes of small lithium-ion batteries to travel...

DGMA highlights maritime reforms to strengthen India’s ship ownership, leasing and financing ecosystem

GANDHINAGAR: The Directorate General of Maritime Administration (DGMA) participated in the India Ship Leasing and Financing Summit 2026, held at GIFT City Club, Gandhinagar,...
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