Höegh Autoliners sheds one car carrier and buys another
NORWAY : Norwegian car carrier player Höegh Autoliners has reached an agreement for the sale of one and the acquisition of another vessel. Höegh said on Monday that
No stamp duty on SCI’s unit SCILAL demerger
MUMBAI : The government has crossed a key stage in its bid to get state-owned Shipping Corporation of India Land and Assets Ltd (SCILAL) listed, which will pave
ONE launches New Indian Ocean Mediterranean Service
SINGAPORE : Ocean Network Express (ONE) announces the new Indian Ocean Mediterranean service (IOM). This new service connects India, Pakistan and the Middle East with the Mediterranean region
MSC celebrates South African milestone
GENEVA : In a heartfelt ceremony for clients and colleagues hosted by Mediterranean Shipping Company, the first social gathering of its kind since the Covid-19 outbreak almost four
MSC Air Cargo joins TIACA
GENEVA : MSC Air Cargo has joined The International Air Cargo Association (TIACA). Jannie Davel, Senior Vice President Air Cargo at MSC Air Cargo, said in a LinkedIn
Samskip initiates strategic expansion in Baltic Sea region launching new direct short-sea service be
ROTTERDAM : Early next month, Samskip will celebrate the maiden voyage of the Samskip owned and operated weekly service connecting Rotterdam, Helsinki, Riga and Hull. This new service
TCI orders for Two New Container Vessels
GURGAON : Transport Corporation of India Limited (TCI) has signed a contract with Nakanishi Shipbuilding Co. Ltd., Japan, to build two cellular container vessels of approximately 7,300 MT deadweight
COSCO SHIPPING Ports reports over 35 million TEUs and US$360 million revenue in third quarter
SHANGHAI : COSCO SHIPPING Ports’ total throughput increased by 4.1% year-on-year to 35.6 million TEUs in the third quarter of 2023, while, the equity throughput increased by 2.7%
BIMCO: Containerships hit their highest average age to date
COPENHAGEN : Containerships have now reached their highest average age to date, standing at 14.2 years. This places them as the oldest vessels among the three major shipping
Ocean Alliance’s dominant era comes after 2M breakup
SINGAPORE : The Ocean Alliance comprising CMA CGM, COSCO Shipping Lines and Evergreen Marine Corporation is set to become the largest box shipping alliance once the 2M partnership
