SINGAPORE : The congestion that’s been plaguing Singapore’s port is showing signs of easing, with container ship arrivals falling to the lowest in more than a year last month, official data show. Bloomberg reported
SANAA : Houthi rebels have allegedly assaulted another of MSC vessels. On 14 July, the 1999-built 5,652 TEU MSC Unific VI was apparently hit with anti-ship ballistic missiles and drones in the Gulf of
MARSEILLE : French ocean carrier CMA CGM has notified its customers of an upcoming Peak Season Surcharge. This surcharge will be effective from 1 August 2024 (based on the loading date) and will remain
COPENHAGEN : A.P. Moller-Maersk launched a new ocean shipping service between China and Bangladesh to meet the growing trade demand, especially in the retail industry. The new service, called SH3, commenced service on 7
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged lower on Monday as rates for capesize vessels declined. The overall index, which factors in
THIRUVANANTHAPURAM : Vizhinjam International Seaport, being developed in public-private partnership by the Kerala government, central government and the Adani Group, will ultimately be able to handle over 5 million TEUs and offer an alternative
AHMEDABAD : Adani Ports and Special Economic Zone Ltd. plans to ramp up its investment to Rs 10,000 crore ($1.2 billion) to boost its southern India transshipment container port, according to people with knowledge
SINGAPORE : Swire Projects, the projects and heavy lift shipping services division of Swire Shipping, has successfully completed a shipment of the YC Bora, a 53-meter fast support and intervention vessel, highlighting its expertise
THIRUVANANTHAPURAM : Hon’ble Minister for Ports Shri V N Vasavan and Hon’ble Minister for Food and Civil Supplies Shri G R Anil along with Shri M Vincent MLA, VISL MD Smt Divya S Iyer,
MARSEILLE : The 18,000 TEU container vessel CMA CGM Benjamin Franklin encountered severe weather off the coast of South Africa, resulting in the loss of 44 containers and damage to 30 more boxes. This