Higher Vessel Rates Lift Baltic Index To 1-1/2-Yr Peak
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to 1-1/2-year peak on Monday as demand improved across
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to 1-1/2-year peak on Monday as demand improved across
TOKYO : Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that it was selected as a “Digital Transformation (DX) certified business operator” based on
TOKYO : Ocean Network Express (ONE) has announced the launch of a new Green Strategy Department under its Product and Network division.The new department is staffed with employees
GENEVA : MSC Mediterranean Shipping Company is revamping its intra-Asia network with updates to four existing services, starting end of April. Changes will be made to the service
Following a total investment of 800 million USD, operations at APM Terminals MedPort Tangier commenced in 2019. It now celebrates its next major development milestone by kicking off phase-2 of the
The Board of Directors of A.P. Moller – Maersk has appointed Chief Technology & Information Officer (CTIO) Navneet Kapoor to its Executive Board with effect from 1 April
ISTANBUL : The 19,224 TEUs MSC Tina suffered a nasty allision with a pier in Turkey on Saturday. The 398.5m long ship has a sizeable gash along its port side
TAIPEI : As part of the company’s fleet improvement plan, Wan Hai Lines has confirmed an order of 5 new container vessels with HHI (Hyundai Heavy Industries). The
JIANGNAN : China State Shipbuilding Corporation (CSSC) has named and delivered CMA CGM Montmartre, the 6th LNG-powered 23,000 TEU containership, to the French liner company CMA CGM. Built
HAMBURG : Hapag-Lloyd published its annual report with audited business results for the 2020 financial year today. In the reporting year, Hapag-Lloyd’s earnings before interest, taxes, depreciation and