May 4, 2024
April 5, 2026
May 4, 2024
World’s largest cargo ship ‘MSC Loreto’, capable of holding 24,300 containers, docks in Port of Felixstowe
SUFFOLK : The world’s joint-largest cargo ship has docked at Britain’s biggest and busiest container port, MSC Loreto arrived at the Port of Felixstowe here, from Le Havre in France on 30 April. Measuring 1,300ft,
May 3, 2024
Maersk Q1 results in line with expectations amid ongoing Red Sea disruptions
COPENHAGEN : A.P. Moller – Maersk (Maersk) delivered a first quarter in line with expectations showing a strong recovery in earnings compared to the fourth quarter of 2023. Results were driven by a good
May 3, 2024
CMA CGM applies new PSS from Asia and India to Mauritius
MARSEILLE : French Ocean Carrier CMA CGM has notified its customers of a forthcoming Peak Season Surcharge (PSS) effective from 15 May until further notice. The surcharge will be applicable for shipments originating from
May 3, 2024
Drewry’s World Container Index increased 1% to $2,725 per 40ft container this week
LONDON : The composite index increased 1% to $2,725 per 40ft container this week and has increased by 55% when compared with the same week last year. The latest Drewry WCI composite index of
May 3, 2024
Baltic index edges up on gains in larger vessels
COPENHAGEN : The Baltic Exchange’s dry bulk sea freight index edged up on Wednesday, buoyed by an uptick in capesize and panamax vessel rates. The overall index, which factors in rates for capesize, panamax
May 2, 2024
CCTT and FFFAI jointly host ‘India-And-World’ Business Forum in Mumbai, DG Shipping addresses to showcase India’s growth trajectory
MUMBAI : The International Coordinating Council on Trans-Eurasian Transportation (CCTT) and the Federation of Freight Forwarding Associations of India (FFFAI) jointly organized a very significant debut meet called ‘India-And-World’ Business Forum which was held
May 2, 2024
Freight rate fall on trades out of India continues as exporters bet on new fiscal year
MUMBAI : Container freight rates on trades out of India have continued to soften from the Red Sea crisis-driven highs, according to the latest market analysis. On the westbound India-Europe trade, average short-term contract
May 2, 2024
Schedule reliability gradually improves in March 2024 amid Red Sea crisis : Sea Intelligence
COPENHAGEN : Global schedule reliability has begun to improve, with the March 2024 statistic up 1.6 percentage points Month-over-Month (MoM) to 54.6 per cent, according to Sea Intelligence The maritime data company has released
May 2, 2024