January 7, 2025
March 31, 2026
January 7, 2025
Cosco Shipping announces enhanced Trans-Atlantic Services
SHANGHAI : Cosco Shipping Lines has announced an upgrade to its Trans-Atlantic Service Suite. Effective February 2025 it will operate a comprehensive, and sophisticated four-loop Trans-Atlantic services between North Europe and North America. This level-up
January 6, 2025
20 months’ pay in year-end bonus for staff at Taiwan Shipping Giant Evergreen
TAIWAN : A Taiwanese company that is known for giving employees big bonuses has done it yet again. Shipping giant Evergreen announced on Dec 31 that its employees would get a year-end bonus averaging
January 6, 2025
CMA CGM re-postpones PSS from Indian Subcontinent, Middle East Gulf, Red Sea & Egypt to the US East Coast & US Gulf
MARSEILLE : CMA CGM re-postpones PSS charges from Indian Subcontinent, Middle East Gulf, Red Sea & Egypt to the US East Coast & US Gulf. The said PSS charges were supposed to implement from 1st January 2025
January 6, 2025
Saudi Ports Authority enhances marine link with Iraq
BAGHDAD : The Saudi Ports Authority (Mawani) has announced a significant new initiative to connect King Abdulaziz Port in Dammam, Saudi Arabia, with Umm Qasr Port in Iraq. This move is a key step
January 6, 2025
Drewry WCI rises as industry anticipates ILA strike, policy changes
LONDON : The Drewry World Container Index (WCI) composite index increased by 2.68 per cent to $3,905 per 40-foot equivalent unit (FEU) on January 5, 2025, up from $3,803 per FEU. Shipping freight charges
January 4, 2025
SHIPPING: Union dockworkers, ports to resume negotiations ahead of 15 Jan deadline
HOUSTON : Union dockworkers and representatives for US Gulf and East Coast ports are expected to resume negotiations on a new master contract on 7 January, just more than a week ahead of the
January 4, 2025
Baltic Index extends gain as larger vessel rates firm
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a fifth consecutive session on Friday, aided by firm capesize and panamax vessel
January 4, 2025
Drewry: World Container Index up by 3% this Week
LONDON : Drewry’s World Container Index increased 3% to $3,905 per 40ft container this week. Drewry’s detailed assessment for Thursday, 02 January 2025
January 3, 2025