December 3, 2024
December 31, 2025
December 3, 2024
Maersk completes order of 20 dual-fuel vessels
COPENHAGEN : A.P. Moller – Maersk (Maersk) has signed agreements with three yards for a total of 20 container vessels equipped with dual-fuel engines. Combined, the vessels have a capacity of 300,000 TEU. With
December 3, 2024
Hapag-Lloyd breaking ground in Uganda
KAMPALA : Hapag-Lloyd on Monday opened its new office in the city of Kampala, the capital of Uganda. Strategically situated, Uganda provides excellent connections to five neighboring countries in East and Central Africa. With
December 3, 2024
Global shipping costs to remain high amid tariff threats, Red Sea challenges
KUALA LUMPUR : Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff
December 3, 2024
Baltic index hits over 1-year low on weaker rates across vessels
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to near 15-month low on Monday, dragged down by losses across all vessel segments.
December 2, 2024
Drewry’s World Container Index down 2% last week
LONDON : Drewry’s World Container Index decreased 2% to $3,331 per 40ft container last week. Drewry’s detailed assessment for Thursday, 28 November 2024 Source : Drewry
November 30, 2024
Maersk names Newest Dual-Fuel Methanol Vessel “A.P. Møller” in Singapore
SINGAPORE : A.P. Moller – Maersk (Maersk) celebrated the arrival of its newest dual-fuel methanol container vessel in Singapore on Thursday, as part of her maiden voyage from Asia to Europe. The vessel, named
November 30, 2024
ADNOC, Jiangnan Shipyard, and DNV celebrate delivery of first large-scale Mark III Flex LNG Carrier …
SHANGHAI : The Abu Dhabi National Oil Company (ADNOC), Jiangnan Shipyard (Group) Co., Ltd., and classification society DNV, celebrated the naming and delivery ceremony of China’s first large-scale Mark III Flex membrane LNG carrier,
November 30, 2024
MSC Group completes acquisition of minority stake in HHLA
HAMBURG : MEDITERRANEAN Shipping Co has finalised its acquisition of a 49.9% stake in Hamburger Hafen und Logistik Aktiengesellschaft (HHLA), a key port operator in Hamburg, Germany. MSC and the City of Hamburg, which retain 50.1% ownership,
November 30, 2024