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October 8, 2024

Jumbo installs wind assisted propulsion to Jumbo Jubilee in latest decarbonisation move

International Shipping, Logistics, Project Cargo, Shipping Line, Trade, Trending News
ROTTERDAM : Jumbo is pleased to announce the successful installation of two mechanical sails to Heavy Lift Vessel (HLV) Jumbo Jubilee. The wind assisted ship propulsion (WASP) solution is the latest in a series
October 8, 2024

SeaCube Container Leasing adds to its Board of Directors

International Shipping, Company, Container, Logistics, Shipping Line, Trade, Trending News
WOODCLIFF LAKE : SeaCube Container Leasing, a global leader in intermodal equipment leasing solutions and one of the largest purchasers of refrigerated containers in the world, is pleased to announce the immediate addition of
October 8, 2024

BERG Propulsion OpWind® to optimize operations for sail and engine combustion

International Shipping, Maritime, Shipping Line, Technology, Trending News
HONO (SWEDEN) : BERG Propulsion has unveiled the OpWind® software system to help crews combine the operation of sails and propellers in the most efficient way in all sea conditions. OpWind automatically ensures that engine
October 7, 2024

DP World welcomes ‘APL Fullerton’, largest vessel to ever visit South America’s West Coast

International Shipping, Foreign Ports, Private Port, Shipping Line, Trending News
PERU : DP World, a global leader in logistics and supply chain solutions, celebrated the arrival of the APL Fullerton, the largest vessel to ever visit South America’s West Coast. The ship’s arrival at
October 7, 2024

Baltic index logs weekly fall as capesize dips

International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s main sea freight index fell on Friday, marking its first weekly decline in three, as the capesize segment dipped. The overall index, which factors in rates for capesize, panamax
October 7, 2024

World Container Index Down 5% Last Week: Drewry

International Shipping, Shipping Line, Trade, Trending News
LONDON : Drewry’s World Container Index decreased 5% to $3,489 per 40ft container last week. Drewry’s detailed assessment for Thursday, 3 October 2024
October 5, 2024

Alphard Maritime looks to set up a $500 Million Shipping Fund in IFSC GIFT City

Maritime, Company, Shipping Line, Trade, Trending News
GANDHINAGAR /MUMBAI : Alphard Maritime Group plans to set up a $500 million shipping fund in the Gujarat International Finance Tec-City (GIFT City) to become an enabler for Indian shipping tonnage, its Chairman and
October 5, 2024

DG Shipping issues advisory to Seafarers calling on Iranian ports

Shipping, Foreign Ports, Global Trade, International Shipping, Maritime, Ports, Shipping Line, Trending News
MUMBAI : The Director General of Shipping has issued an advisory for seafarers, employers /vessel owners on calling to Iranian ports in light of the Iran-Israel war. Quoting the advisory issued by the External
October 5, 2024

Drewry introduces new Breakbulk Sea Transport Indices and incorporates within its Multipurpose Forecaster service

Break Bulk Cargo, Export - Import, International Shipping, Shipping Line, Trade, Trending News
LONDON : To better reflect the nuances of the multipurpose sector, Drewry has introduced Breakbulk Sea Transport Indices for both Project and General Cargo vessel segments, replacing the previous Multipurpose (MPV) Time Charter Index.
October 5, 2024

Convergence around a smaller number of options during the last GHG meetings before approval, put the IMO in a strong position to drive an energy transition in international shipping

International Shipping, Maritime, Shipping Line, Trending News
LONDON : The IMO’s Marine Environment Protection Committee 82nd meeting has concluded with a large amount of work remaining. However, negotiations are still on track for an agreement on a new MARPOL text (Chapter
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