July 31, 2024
May 30, 2026
July 31, 2024
Hapag-Lloyd increases rates from India and Pakistan to Med and North Africa
HAMBURG : German ocean carrier Hapag-Lloyd has announced increased ocean tariff rates from India and Pakistan to the Mediterranean and North Africa. This increase will be valid from 15 to 31 August. US$ per
July 30, 2024
Yang Ming appoints Prof Feng-Ming Tsai as their new Chairman
TAIWAN : Yang Ming Marine Transport Corporation has elected Professor Feng-Ming Tsai as its new Chairman. The decision, effective immediately, was taken in the 395th Board Meeting held on 27 July. Chairman Tsai holds
July 30, 2024
COSCO Shipping signs agreement with Fortescue to build green fuel supply chain
BEIJING : China’s COSCO Shipping Corporation has signed a preliminary agreement with Australia’s Fortescue opens new tab to jointly build a green fuel supply chain to help reduce pollution from the shipping industry, the Chinese
July 30, 2024
MSC reshuffles its Asia-Oceania Network
GENEVA : MSC is announcing the reshuffle of its Asia-Oceania Network aiming at offering customers operating businesses in China, Southeast Asia and Oceania, fast and reliable services to respond to their needs. The Wallaby service will
July 30, 2024
Ocean Network Express upgrades East Asian service
SINGAPORE : Ocean Network Express (ONE) has announced an upgrade to its Korea-Vietnam-Thailand (KVT) service. According to ONE, the enhancement of its KVT service includes using the MV Sawasdee Deneb v2418S, with an estimated
July 29, 2024
Long vessel queue forms at Chattogram Port
DHAKA : A long queue of vessels has formed at the Chattogram Port’s outer anchorage, with berthing delayed by up to nine days, for container yards being acutely congested and operational disruptions resulting from
July 27, 2024
CMA CGM reports strong quarter amid Geopolitical Tensions
MARSEILLE : CMA CGM has reported robust demand for cargo shipping in its second-quarter 2024 results, despite ongoing geopolitical tensions. The company said it delivered a strong performance with increased cargo volumes, driven by
July 27, 2024
Drewry: World Container Index Down 2%
LONDON : Drewry’s World Container Index decreased 2% to $5,806 per 40ft container this week. The composite index decreased 2% this week to $5,806 per 40ft container following a period of continuous increases since
July 27, 2024