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December 3, 2024

Baltic index hits over 1-year low on weaker rates across vessels

International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to near 15-month low on Monday, dragged down by losses across all vessel segments.
December 2, 2024

Drewry’s World Container Index down 2% last week

International Shipping, Maritime, Shipping Line, Trade, Trending News
LONDON : Drewry’s World Container Index decreased 2% to $3,331 per 40ft container last week. Drewry’s detailed assessment for Thursday, 28 November 2024 Source : Drewry
November 30, 2024

Maersk names Newest Dual-Fuel Methanol Vessel “A.P. Møller” in Singapore

International Shipping, Maritime, Shipping Line, Trade, Trending News
SINGAPORE : A.P. Moller – Maersk (Maersk) celebrated the arrival of its newest dual-fuel methanol container vessel in Singapore on Thursday, as part of her maiden voyage from Asia to Europe. The vessel, named
November 30, 2024

ADNOC, Jiangnan Shipyard, and DNV celebrate delivery of first large-scale Mark III Flex LNG Carrier in China

International Shipping, LNG, Maritime, Shipping Line, Trade, Trending News
SHANGHAI : The Abu Dhabi National Oil Company (ADNOC), Jiangnan Shipyard (Group) Co., Ltd., and classification society DNV, celebrated the naming and delivery ceremony of China’s first large-scale Mark III Flex membrane LNG carrier,
November 30, 2024

MSC Group completes acquisition of minority stake in HHLA

International Shipping, Foreign Ports, Global Trade, Shipping Line, Trending News
HAMBURG : MEDITERRANEAN Shipping Co has finalised its acquisition of a 49.9% stake in Hamburger Hafen und Logistik Aktiengesellschaft (HHLA), a key port operator in Hamburg, Germany. MSC and the City of Hamburg, which retain 50.1% ownership,
November 30, 2024

Baltic index drops to 10-month low as rates across segments dip

International Shipping, Dry Bulk Shipping, Maritime, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to more than a 10-month low on Friday, logging its second straight weekly loss,
November 29, 2024

JNPA welcomes SOP for establishing and operating Empty Container Yards

Logistics, Ports, Shipping Line, Trade, Trending News
MUMBAI : Jawaharlal Nehru Port Authority (JNPA) welcomes the SOP for establishing and operating Empty Container Yards, marking a significant step in enhancing Ease of Doing Business (EoDB). This achievement is the result of
November 29, 2024

Blue Water extends partnership with Oldendorff Carriers, Empowering Maritime Excellence with the BOSS Platform

Maritime, Shipping, Shipping Line, Trade, Trending News
DEHRADUN : Blue Water Trade Winds Pvt. Ltd., the owner of the revolutionary BOSS (Blue Water Optimum Speed Services) platform is pleased to announce the extension of its strategic partnership with Oldendorff Carriers (Oldendorff),
November 29, 2024

ONE strengthens presence in Southeast Asia with terminal acquisition in Indonesia

International Shipping, Shipping Line, Trending News
SINGAPORE : Ocean Network Express (“ONE”) is pleased to announce the completion of its acquisition of a  minority stake in New Priok Container Terminal One (“NPCT1”) in Jakarta, Indonesia. NPCT1 is an important terminal
November 29, 2024

Hapag-Lloyd concludes long-term offtake agreement for green methanol

International Shipping, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd has reached an agreement with Goldwind, a global strategic partner in clean energy with headquarters in Beijing, China, for the delivery of 250,000 tonnes of green methanol per year. The green
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