AD Ports celebrates launch of new Khalifa-Kuwait shipping route
ABU DHABI : Container vessel SAFEEN Pride has arrived at Shuwaikh Port in Kuwait, marking the launch of AD Ports Group’s new weekly container and Ro-Ro service between
Container spot rates on a ‘likely recovery path’: HSBC
LONDON : Spot container freight rates have stabilised and HSBC Global Research notes sign of a recovery in its latest report. n its Global Freight Monitor HSBC noted
SAFEEN POWER on her maiden call at Kandla
GANDHIDHAM : Safeen Power with her capacity of 3500 TEUs is the largest UAE INDIA GULF (UIG) service vessel to call Kandla, according to a senior official LinkedIn
Cosco Shipping, CMA CGM and SIPG sign MOU to collaborate on green marine methanol supply
SHANGHAI : On April 6, in the presence of the heads of state of China and France, Chairman of COSCO SHIPPING Mr. Wan Min, Chairman, CEO of CMA
Milaha launches shipping service to Iraq from GCC countries
BAGHDAD : Milaha recently introduced a new direct Upper Gulf Service (UGX) to transport cargo to Umm Qasr in southern Iraq, in order to provide and transfer materials
FESCO’s fleet expanded with container ship of 704 TEU
MOSCOW : FESCO Transportation Group has expanded its fleet with container ship FESCO Anastasia. The flag of the Russian Federation was raised on the ship on 4 April
Hapag-Lloyd launching new Latin America service
HAMBURG : Hapag-Lloyd is launching a new service connecting ports in Peru and Chile. The WCSA Feeder 4 (WS4) service is set to commence in June and vessels
OOCL’s Q1 revenues down 57.8%
HONG KONG : Orient Overseas International (OOIL) reports a 57.8% drop in revenues for the first quarter of 2023 as the plunge in container freight rates takes its
PIL moves out of Singapore HQ building
SINGAPORE : In the end of an era Pacific International Lines (PIL) has shifted out of its Singapore headquarters building in the heart of the city’s central business
MSC’s secondhand boxship buying spree passes 300 mark
GENEVA : Mediterranean Shipping Co’s (MSC) secondhand buying spree has hit the 300-vessel threshold according to analyst Alphaliner. In its weekly newsletter Alphaliner said that MSC was reported to