March 22, 2024
April 6, 2026
March 19, 2024
CMA CGM to buy France’s biggest 24-hour news channel
MARSEILLE : French shipping tycoon Rodolphe Saade has agreed to buy France’s leading rolling news channel BFM TV off Patrick Drahi’s debt-laden Altice Group, their respective companies said on Friday, as billionaires vie to control the
March 19, 2024
MAWANI adds IMS service to King Abdulaziz Port
RIYADH : The Saudi Ports Authority ‘Mawani’ announced that VASI Shipping Pte Ltd has introduced the new shipping service ‘IMS’ at King Abdul Aziz Port in Dammam, connecting the Kingdom to Southeast Asia and
March 19, 2024
COSCO Shipping’s 20,000 TEU ship to call at La Spezia
SHANGHAI : COSCO Shipping has recently announced that its 20,000 TEU containerships will begin regular calls at the Port of La Spezia. The COSCO Shipping Aries is expected to dock at the port of
March 18, 2024
OCEAN Alliance rolls out new service network
SINGAPORE : OCEAN Alliance, consisting of CMA CGM, COSCO, Evergreen and OOCL, has announced the launch of its updated service network, called “DAY 8 Product”. After extending their partnership for an additional five years, the
March 18, 2024
SCI Land & Assets to debut on bourses on March 19 under T2T category
MUMBAI : Shipping Corporation of India Land and Assets (SCILAL), a demerged entity of Shipping Corporation of India (SCI), will debut exchanges on March 19, 2024 under the T2T category. According to reports, SCILAL
March 18, 2024
Carriers ‘undo’ rate hikes on India-US trades amid cargo volume pressure
MUMBAI : Container carriers appear to have abandoned plans to hike freight rates on Indian trades to the United States, as they are facing a slump in cargo bookings. MSC, Hapag-Lloyd and CMA CGM
March 18, 2024
Baltic index slips as capesize losses outweigh panamax gains
LONDON : The Baltic Exchange’s main sea freight index declined on last Thursday, as a fall in capesize rates overshadowed gains in the panamax segment. The overall index, which factors in rates for capesize,
March 18, 2024
ClassNK awards first-ever notation to Fuyo Kaiun’s bulk carrier “ELETTRA”
TOKYO : ClassNK has granted its “ELW” (Excellent Living and Working Environment) notation to “ELETTRA”, a bulk carrier owned by Fuyo Kaiun Co.,Ltd. The vessel becomes the first in ClassNK registry to have the
March 16, 2024