Long vessel queue forms at Chattogram Port
DHAKA : A long queue of vessels has formed at the Chattogram Port’s outer anchorage, with berthing delayed by up to nine days, for container yards being acutely
CMA CGM reports strong quarter amid Geopolitical Tensions
MARSEILLE : CMA CGM has reported robust demand for cargo shipping in its second-quarter 2024 results, despite ongoing geopolitical tensions. The company said it delivered a strong performance
Drewry: World Container Index Down 2%
LONDON : Drewry’s World Container Index decreased 2% to $5,806 per 40ft container this week. The composite index decreased 2% this week to $5,806 per 40ft container following
ClassNK releases ‘Guidelines for Cyber resilience of ships’- Explaining IACS UR E26 requirements
TOKYO : ClassNK has released ‘Guidelines for Cyber resilience of ships’. The guidelines expound new IACS Unified Requirements (UR) to support the consideration of measures to ensure the
MSC resumes Transpacific service
GENEVA : MSC has announced the reinstatement and improvement of Liberty service, a standalone product of MSC, aiming to provide additional capacity for the ongoing robust demand in
Tailwind Shipping Lines welcomes new Vice President Liner Shipping Management
HAMBURG : Tailwind Shipping Lines is welcoming a new Vice President Liner Shipping Management. On 1 August, Mr. Nico Peters will take over this role at the Hamburg-based container
ClassNK carries out third-party verification of MOL group’s self-aggregated social data
TOKYO : ClassNK has carried out third-party verification for self-aggregated social data of Mitsui O.S.K. Lines, Ltd. and its group companies, and issued an assurance statement. In an
Baltic index slips for fourth straight day as capesize rates dip
LONDON : The Baltic Exchange’s main Sea Freight index, which tracks rates for ships ferrying dry bulk commodities, was down on Wednesday for the fourth straight session, tracking
Marlink upgrades Shelf Drilling’s offshore network with SD-WAN and Starlink Solutions
OSLO : Marlink, the leading managed services provider of business-critical ICT solutions, has announced two major upgrades for long-term customer Shelf Drilling. The first upgrade involves implementing a
Global cruise major MSC Cruises to set sail in India as favourable tax reforms kick in: Sonowal
NEW DELHI : Union Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal said that Global cruise major MSC Cruises, based out of Geneva, has expressed willingness to