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June 19, 2024

Koper welcomes Astrid Maersk, the world’s second large green methanol-enabled vessel

International Shipping, Shipping Line, Trending News
KOPER,SLOVENIA : A.P. Moller – Maersk’s second large vessel that can run on green methanol* arrived in Koper, Slovenia for the very first time on 16th June and was welcomed in the Port of
June 19, 2024

MariApps signs Maersk for the next generation of shipmanagement solutions

International Shipping, Digitalisation, Maritime, Shipmanagement, Shipping Line, Technology, Trending News
SINGAPORE : MariApps Marine solutions, the market leader in ship management digital solutions has signed a deal with A.P. Moller – Maersk (Maersk), a global leader of integrated logistics, to deploy PAL NG on
June 18, 2024

CMA CGM to update its IEX 2 service

Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
MARSEILLE : CMA CGM is pleased to announce that the India East Coast Express (IEX 2) connecting Asia to South East India and Sri Lanka, will begin its operations with the vessel HANSA HOMBURG,
June 18, 2024

Hapag-Lloyd announces updates on India Ocean Service

International Shipping, Export - Import, Logistics, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd has decided to change the port rotation of its Indian Ocean Service (IOS). The Hamburg-based ocean carrier’s service will now have the following port rotation: Jebel Ali, UAE -> Karachi, Pakistan
June 18, 2024

Spot rate growth slows but ocean container shipping market will remain extremely challenging

Container, Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
OSLO : Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The latest data from Xeneta, the ocean freight rate benchmarking
June 18, 2024

ClassNK releases ‘FAQs on the FuelEU Maritime (2nd Edition)’

International Shipping, Fuel, Maritime, Shipping Line, Trending News
TOKYO : ClassNK has released ‘FAQs on the FuelEU Maritime (2nd Edition)’. FuelEU Maritime, an EU regulation aimed at promoting the decarbonization of fuels used on board ships, has entered into force and will
June 17, 2024

Ocean freight rates in rough waters on congestion, Red Sea crisis

Container, EXPORT, International Shipping, Logistics, Shipping Line, Trade, Trending News
LONDON : Indian traders are reeling under the impact of rising ocean freight rates, triggered by the Red Sea crisis and congestion at several key ports in the global supply chain, causing container prices
June 17, 2024

Dry Bulk Market move higher last week, but Capesizes lost ground

International Shipping, Maritime, Shipping Line, Trade, Trending News
LONDON : Dry Bulk Market move higher last week, but Capesizes lost ground, according to latest report released by Baltic Exchange. Capesize The Capesize’s had a slow start due to holidays in Asia, leading
June 17, 2024

US Naval forces rescue crew from Greek-owned ship struck by Houthis in Red Sea

International Shipping, Defence, Maritime, Shipping Line, Trade, Trending News
WASHINGTON D.C. : The U.S. Naval Forces Central Command (NAVCENT) said on Sunday that it had rescued the crew from the Liberian-flagged, Greek-owned bulk carrier MV Tutor that was attacked by Yemen’s Iran-aligned Houthis
June 15, 2024

SCI set to open subsidiary in IFSC, GIFT City

Shipping, Economy, Finance, Shipping Line, Trade, Trending News
MUMBAI : Shipping Corporation of India (SCI) is set to open a wholly-owned subsidiary in IFSC, Gift City, in Gandhinagar, Gujarat. It has received a nod from Niti Aayog and the Ministry of Ports,
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