May 8, 2024
April 5, 2026
May 7, 2024
CMA CGM to strengthen and reshuffle its Africa lines – India Middle East Gulf services
MARSEILLE : CMA CGM announced the revamping of its India Middle East Gulf to and from South Africa, East Africa and Indian Ocean services. MIDAS 1: Coega will be added to the rotation offering
May 7, 2024
Maersk says Red Sea disruption could cut Asia-Europe capacity by 20%
COPENHAGEN : Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20% in the second quarter. Maersk and
May 7, 2024
Cosco Shipping launches world’s first battery-electric container ship
SHANGHAI : Chinese shipping giant COSCO Shipping launched the world’s first 10,000-DWT pure electric container ships, which it developed and constructed at the Heavy Industry Shipyard at Yangzhou. The ‘Green Water 01’ and its
May 7, 2024
Xeneta Shipping Index (XSI®): Long term rates edge up globally as Red Sea conflict continues to cast uncertainty across the market
OSLO : Ocean freight container carriers are treading a fine line between risk and reward during new contract negotiations as the market remains gripped by uncertainty in the Red Sea, according to new data
May 6, 2024
VPA creates history by handling the largest ever container vessel “MSC Teresa”
VISAKHAPATNAM : The Visakhapatnam Port Authority (VPA) have created history by handling MSC TERESA, the largest ever Container Vessel to call at any Indian Port on the East Coast (with LOA 365.50 mtrs. &
May 6, 2024
Houthis may strike more ships beyond Red Sea: Bad news for Indian exports?
NEW DELHI : In what could prove to be bad news for Indian exporters, Yemen’s Iranian-backed Houthis are extending their attacks on merchant shipping hundreds of miles out into the wider Indian Ocean, with
May 6, 2024
Crew of MSC Aries released, claims Iran
TEHRAN : All the Indian sailors on board the Portuguese flagged vessel MSC Aries have been released, the Iranian Foreign Ministry announced on May 3. This information was shared by Iran’s Foreign Minister Hossein Amirabdollahian in a
May 6, 2024
Maersk resumes liquidation of its Russian Container Shipping subsidiary
COPENHAGEN : Maersk has resumed the process of liquating its Russian subsidiary, Maersk LLC (St. Petersburg), as part of its final steps of exiting the country. According to a notice published Friday by the
May 4, 2024