July 18, 2024
May 30, 2026
July 17, 2024
Singapore’s Port congestion is showing signs of abating
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
July 17, 2024
Houthi attacks target MSC boxships and tankers
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
July 16, 2024
CMA CGM introduces US$1,000 surcharge from India West Coast to East Africa and Indian Ocean
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
July 16, 2024
Maersk introduces SH3 Ocean Service between China and Bangladesh, adding capacity, flexibility and efficiency to retailers’ supply chains
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
July 16, 2024
Baltic index declines as capesize rates fall
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
July 13, 2024
Vizhinjam Port poised to elevate India’s status as premier container transshipment hub
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
July 13, 2024
Adani Ports planning to invest $1.2 billion in new transshipment terminal
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
July 13, 2024
Swire Projects demonstrates floating cargo delivery capability
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
July 12, 2024