Port of Hong Kong faces severe connectivity loss
HONG KONG : Recent service networks released by the container shipping alliances reveal a noticeable trend that majority shipping lines are rapidly scaling back their presence in Hong
Vizhinjam Port will be operational by Onam : Adani Group
THIRUVANANTHAPURAM : Adani Group stated that Vizhinjam International Port Project will become operational by Onam, in spite of so much protests and controversies. A trial run of port
Silke Lehmköster to become Managing Director Fleet at Hapag-Lloyd
HAMBURG : Effective 1 April 2024, Silke Lehmköster has taken over the role of Managing Director Fleet at Hapag-Lloyd, with responsibility for Fleet Management, Fleet Innovation & Technology
Sri Lanka to probe hazardous cargo on MV Dali which collided with Baltimore bridge : Minister
COLOMBO : Sri Lanka will investigate reported hazardous materials on board the cargo vessel that collided with a key Baltimore bridge last week, the state minister of environment told in
Red Sea crisis end to reignite container shipping challenges
LONDON : Clarksons’ latest container shipping report said that weak “underlying” supply-demand fundamentals will materialise once the Red Sea disruption comes to an end. Boxship fleet growth is
Red Sea attacks to impact ship sailing speed: BIMCO
LONDON : BALTIC and International Maritime Council’s (BIMCO) latest report on the container shipping market highlights significant trends amid ongoing challenges due to the Red Sea attacks. Ship
Paradip Port becomes numero uno among Indian Major Ports in cargo throughput in FY 2023-24
PARADIP : Paradip Port Authority (PPA)’s remarkable journey has reached new heights with the recent record-breaking achievement of clocking incredible 145.38 MMT cargo throughput in FY 2023-24 and
AD Ports Group announces 2023 Annual Report
ABU DHABI : AD Ports Group, a leading facilitator of global trade, logistics, and industry, issued its 2023 Annual Report on April 1. The report highlights significant achievements
Cosco Shipping Ports reports 4.4% YOY increase in total throughput for 2023
SHANGHAI : Chinese state-owned ports logistics company Cosco Shipping Ports Limited reported a 5.8% year-on-year increase in profit for 2023, standing at USD 324.5 million. The company’s annual
CMA CGM halts operations at Haiti’s major port
MARSEILLE : Due to escalating security concerns in Haiti’s Port-au-Prince and its surrounding areas, CMA CGM has decided to suspend operations at the Lafito terminal until further notice.
