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October 25, 2024

Hapag-Lloyd joins Maersk with major earnings upgrade as Red Sea Chaos reshapes shipping

International Shipping, Shipping Line, Trending News
HAMBURG : Hapag-Lloyd has followed in the footsteps of its future Gemini Cooperation partner Maersk with an upward revision of its earnings outlook for 2024, driven by stronger-than-expected demand and improved freight rates. The revised guidance
October 25, 2024

CMA CGM purchases 5 High-Reefer Ships from Seatrade : Alphaliner

International Shipping, Shipping Line, Trending News
MARSEILLE : Container analysts at Alphaliner have reported that French shipping giant CMA CGM has acquired five high-reefer 2,259 TEU container vessels that it previously had on long-term charter from Dutch reefer owner Seatrade.  The price
October 25, 2024

ZIM announces PSS from Far East to East Med, West Med including Black Sea & North Europe

International Shipping, Shipping Line, Trending News
HAIFA : ZIM would like to update that due to current market conditions, ZIM is updating its Peak Season Surcharge (PSS) from Far East to East Med, West Med including Black Sea ports* &
October 25, 2024

OOCL signs up for Seaspan newbuilds

International Shipping, Ship Building, Shipping Line, Trending News
SINGAPORE : The COSCO-controlled liner operator said in a stock exchange filing it would charter the newbuild for 15 years each and pay a total of about RMB11.2bn ($1.57bn). The Bing Chen-led Seaspan contracted Hudong-Zhonghua Shipbuilding
October 25, 2024

“K” LINE to trial Inmarsat Maritime’s new bonded network service NexusWave on “K” LINE’s fleet

International Shipping, Maritime, Shipping Line, Technology, Trending News
TOKYO : Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Inmarsat Maritime, a Viasat company, are pleased to announce that “K” LINE will conduct a trial of Inmarsat Maritime’s new bonded network service NexusWave on “K”
October 25, 2024

Deepsea shipping lines start with connecting Far East and Oceania to the Secure Chain

International Shipping, Global Trade, Shipping Line, Trending News
ROTTERDAM : Companies that handle import containers from the Far East and Oceania are next in line for participation in the Secure Chain in the port of Rotterdam. The shipping lines and their ship
October 24, 2024

SeaLead launches new MGX Service connecting Jebel Ali with the Mediterranean via Suez

International Shipping, Shipping Line, Trade, Trending News
SINGAPORE : SeaLead, a fast-growing global shipping line, has announced the launch of its new direct liner service, the Mediterranean Gulf Express (MGX). This new service will enhance connectivity between the Middle East and
October 24, 2024

New Leadership Team elected at INTERCARGO

International Shipping, Associationn, Shipping Line, Trade, Trending News
LONDON : INTERCARGO, the International Association of Dry Cargo Shipowners, has announced significant changes to its leadership following its Annual General Meeting. The new appointments will take effect from 1 January 2025. In recognition of
October 24, 2024

Attacks on ships in Ukraine threaten 1% of dry bulk market : BIMCO

Break Bulk Cargo, EXPORT, Foreign Ports, Global Trade, International Shipping, Shipping Line, Trending News
LONDON : “Since September 2024, five merchant ships have been hit by Russian missiles while in Ukrainian ports or waters. These were the first attacks on merchant ships since November 2023 and they could
October 23, 2024

SCI successfully inducts M.V. SCI Delhi into their Europe Service

Terminal, Shipping, Shipping Line, Trending News
MUMBAI : The Shipping Corporation of India happily announced the successful induction of the container vessel M.V. SCI Delhi into their Europe Service from DP World NSIGT. This significant event took place in the
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