KEELUNG : Yang Ming Marine Transport Corporation (“Yang Ming”) held its 400th Board Meeting on Friday (20th Dec) and approved a new fleet optimization plan. This plan includes the addition of up to thirteen
RIO DE JANEIRO : Wilson Sons started cabotage operations to unload wind turbine blades via Rio Grande Container Terminal (in Rio Grande do Sul). The first blade came via the ALCT2 line of Aliança
NEW JERSEY : SeaCube, a global leader in refrigerated intermodal equipment leasing, has partnered with Greensee to launch innovative solutions that redefine sustainability in the refrigerated transport sector. This collaboration introduces SeaCube’s Green and
NEW DELHI ; CONCOR, ICD/DDL (Ludhiana) moved 1st Block train (DICD-MDCC) of CMA-CGM flagged off on 18.12.2024 in the presence of Deputy Commissioner of Customs/ICD/DDL, Senior officials from CMA-CGM. Schedule day of train is
HAMBURG : The rating agency Moody’s Investors Service (Moody’s) has raised Hapag-Lloyd’s credit rating by one notch from ‘Ba2’ to ‘Ba1.’ This is the highest credit rating assigned to Hapag-Lloyd since the rating initiation
BERLIN : Mitsui O.S.K. Lines (MOL) has been awarded the World LNG Shipping Award 2024 at the World LNG Summit held in Berlin, Germany, from 9-12 December. On December 10, three awards were announced at
SINGAPORE : SeaLead, a fast-growing global shipping line, announced the launch of its new Dubai, Karachi to East Africa (DUKE) service, a direct liner service connecting Pakistan with the Middle East and East Africa.
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index, which tracks rates for ships carrying dry bulk commodities, extended losses to a 17-month low on Thursday, dragged down by weaker rates across capesize
LONDON : Despite the fastest growth in supply and the fleet since 2010, the supply/demand balance tightened in 2024. Ship demand has increased as 90% of the capacity that normally transits the Suez Canal
BOSTON : The year 2024 has seen values rise to near-record levels across Container sectors of the shipping industry, fuelled by the post-covid shipping boom and a strong newbuild market according to Veson Nautical’s