November 27, 2024
April 1, 2026
November 27, 2024
Sweden urges Chinese ship to return for undersea cable investigation
STOCKHOLM : Sweden is asking a Chinese vessel Yi Peng 3 to return to Swedish waters to help facilitate an investigation into recent breaches of undersea fibre-optic cables in the Baltic Sea, Prime Minister
November 26, 2024
Hapag Lloyd’s China Germany Express Service updates
HAMBURG : Hapag Lloyd announced that from January 2025 the weekly service will have a rotation change with an extended port coverage in Asia and Europe, in the China Germany Express (CGX) Service. The
November 26, 2024
Sallaum Lines opens doors to Chinese OEMs amid major investments
SHANGHAI/ ROTTERDAM : Imbalanced trades, capacity constraints at sea and in port, and lack of labor have put Europe’s best performing finished vehicle handling ports and shipping companies to the test, as has a
November 26, 2024
Baltic index hits more than two-week low as larger vessel rates dip
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to its lowest level in more than two weeks on Monday as rates declined
November 23, 2024
Shipping Corporation shares rises up to 6% after Union Govt lists three shipping bills
MUMBAI : The Shipping Corporation of India (SCI) shares in the stock market rose up to 6 per cent to hit an intraday high of Rs 218.85 a piece on the BSE. The stock
November 23, 2024
CONCOR looking for global partnerships with shipping lines like Maersk, domestic expansion in the works
NEW DELHI : CONCOR (Container Corporation of India) is in the process of making partnerships with major shipping lines like-Maersk – to offer end-to-end solutions including their flagship first mile – last mile (FM –
November 23, 2024
EBIT surge 600% YoY for major carriers in Q3 2024
COPENHAGEN : The major carriers have reported a combined Q32024 EBIT of $17.06 billion, which is a 600 percent increase year-on-year. The shipping industry witnessed a remarkable turnaround as major carriers recorded a staggering
November 23, 2024
Container Shipping Hedges Green Transition With Dual-Fuel Vessel Orders
LOS ANGELES : Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around
November 22, 2024