October 3, 2024
May 30, 2026
October 3, 2024
Lloyd’s Register launches new benchmarking platform to drive Digital Maturity in maritime
LONDON : Lloyd’s Register (LR) announces the launch of its Digital Maturity Framework and Index, a pioneering tool designed to help companies assess and benchmark their digital maturity. The need for greater clarity and
October 1, 2024
Struggle underway to unload ships, remove cargo from ports amid US East and Gulf Coast Port strike
NEW YORK : A crippling strike at US East and Gulf coast ports is just hours away, spurring a last-minute race to get as many containers off ships and onto terminals as possible, and
October 1, 2024
Hammering down records : MSC moves 390-tonne cargo
GENEVA : MSC has successfully moved a 390-tonne hydraulic hammer from Rotterdam to Singapore. Measuring 25.7m long (4.55m wide and 4.82m high), this is the heaviest piece of cargo MSC has ever transported. Its
October 1, 2024
Baltic Index falls as rates decline across all vessels
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Monday pressured by losses across all vessel segments. The overall index, which factors
September 30, 2024
U.S. East Coast port strike set to start Tuesday, union says
NEW YORK : A port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the International Longshoremen’s Association (ILA) union said on Sunday, signaling action that could
September 30, 2024
Freigt rates surge in FEU and TEU container market spreads key considerations for shippers
OSLO : Spiralling ocean container shipping freight rates dominate discussion in the wake of major events such as the Red Sea conflict – but beneath these easy-to-observe headline figures lie many layers of complex
September 30, 2024
ZIM announces new operational cooperation with MSC covering the strategic transpacific trade
HAIFA : ZIM Integrated Shipping Services Ltd. a global container liner shipping company, announced today that it has entered into a new long-term operational cooperation with Mediterranean Shipping Company (MSC) on the Asia – US East Coast
September 30, 2024
Massive US dockworker strike could throw global supply chains into crisis next week
SYDNEY : Australia could be hit by disruptions from a severe global supply chain crisis, which looks likely to kick-off next Tuesday (01 October 2024). We might see a global shortage of shipping capacity
September 28, 2024