December 10, 2024
April 1, 2026
December 9, 2024
Asia-US container rates fall, but average global rates rise as possible port strike nears
HOUSTON : Rates for shipping containers from east Asia and China to the US were flat to softer in the last week while global average rates rose by 6%, but the looming strike at
December 9, 2024
Experts convene in Rotterdam to explore Pest-Resistant Container design
ROTTERDAM : Pest-resistant container design took centre stage at a meeting between specialists from the global container shipping industry and biosecurity experts, aiming to address the $423 billion global challenge posed by invasive pests
December 9, 2024
Cargo Ship’s Engine Room Flooding forces Crew to abandon Vessel in Red Sea
HODEIDAH : Twenty crew members of the MV ISA STAR, a Panama-flagged cargo ship were rescued in the Red Sea on December 5 after the vessel sent out a distress call. The EU’s naval
December 7, 2024
Maersk Asia Pacific Market Update
COPENHAGEN : As we approach the end of 2024, Maersk brings you the latest insights to support your logistics planning through the dynamic peak season. This month, we explore key economic indicators, discuss the
December 7, 2024
Cost-efficient strategies can significantly cut price of FuelEU Maritime compliance, according to DNV
SINGAPORE : According to a new DNV white paper outlining FuelEU Maritime requirements and compliance strategies for shipowners, compliance with the upcoming regulations will be expensive but applying certain strategies can significantly reduce the
December 6, 2024
CONCOR hosts CMA CGM team
NEW DELHI : CONCOR had the privilege of hosting CMA CGM team, led by Mr. Philippe Alix – Director Intermodal, H.O Marseille, along with key officials from Dubai and India. During the meeting, CONCOR
December 6, 2024
CMA CGM postpones PSS from Indian Subcontinent, Middle East Gulf, Red Sea & Egypt to the US East Coast & US Gulf
MARSEILLE : CMA CGM postponed PSS charges which was supposed to implement from 15th December 2024 will now be implemented from 1st January 2025. Effective 1st January 2025 PSS of USD 1,500 per unit
December 6, 2024
Baltic index extends losses on weaker capesize rates
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday, pressured by lower rates in capesize vessels. The index, which factors in
December 5, 2024