August 2, 2024
April 4, 2026
August 2, 2024
Ocean container shipping market reaches a tipping point: Xeneta Analysis
OSLO : The ocean container shipping market reached a tipping point in July, with long-term rates on major fronthaul trades showing signs of life just as spiralling short-term rates begin to soften. The Xeneta
August 1, 2024
Hapag-Lloyd tops schedule reliability rankings, MSC suffers largest decline
GENEVA : In June, global schedule reliability dropped by 1.2 percentage points, compared with the previous month, to 54.4%, according to the latest Sea-Intelligence Global Liner Performance (GLP) report. This is keeping in line
August 1, 2024
Unifeeder overtakes CMA CGM as second largest intra-Europe operator
AARHUS : Unifeeder is now the second-largest intra-Europe player, surpassing French ocean carrier CMA CGM through capacity additions, according to Alphaliner’s Report. The DP World subsidiary now operates 38,000 TEUs of ships within Europe,
August 1, 2024
Ocean Network Express released Financial Result for FY2024 1st Quarter
SINGAPORE : Ocean Network Express (ONE) released the financial result for FY2024 1st Quarter (from April 2024 to June 2024). The revenue for FY2024 1st quarter was US$4,211million, up 12% from the same quarter
August 1, 2024
Cosco Shipping’s newest RoRo vessel ‘Min Jiang Kou’ makes its first regional call at Jebel Ali Port
DUBAI : Jebel Ali Port proudly welcomed Cosco Shipping’s newest RoRo vessel, ‘Min Jiang Kou,’ marking her first regional call. This event signals a significant milestone for the port and the maritime industry. ‘Min
August 1, 2024
ClassNK issues world’s first approval in principle (AiP) for bunkering boom for ammonia fuel
TOKYO : ClassNK has issued an Approval in Principle (AiP) for a design concept of the ammonia fuel bunkering boom*1, which is jointly developed by Nippon Yusen Kabushiki Kaisha (NYK Line) and TB Global
August 1, 2024
ClassNK major updates GHG Emissions Management Tool ‘ClassNK ZETA’
TOKYO : ClassNK has released a new feature related to FuelEU Maritime*1 for its GHG Emissions Management Tool, ‘ClassNK ZETA (Zero Emission Transition Accelerator)’. Additionally, we have major improved usability and enhanced ease of use.
July 31, 2024
Spike in freight costs to hit exporters : Ind-Ra
MUMBAI : A recent four-fold spike in container freight costs, could hit Indian exporters’ profit margins and enhance their working capital requirements through 2024-25 if there is no respite soon, with smaller players likely to
July 31, 2024