LONDON : “Since 2006, the average container ship has doubled in size to 4,580 TEU and ships with a capacity of more than 12,000 TEU has accounted for 51% of the fleet’s capacity expansion. Today,
KOCHI : The International Container Transshipment Terminal (ICTT) operated by DP World at Vallarpadam, Kochi has handled a volume of 75,141 TEUs in February, posting a 38 per cent growth in volume over February
PARADIP : MSC, Mediterranean Shipping Company S.A, the world’s biggest container line, has launched a shuttle service linking Paradip Port and Colombo Port with a maiden call on Friday, putting the eastern coast port
DUBAI : Ocean Network Express is pleased to announce the opening of its West Asia Regional Headquarters in Dubai. This strategic move aims to accelerate ONE’s growth and expand its presence in the rapidly
SEOUL : South Korea’s Oceans and Fisheries Minister Kang Do-hyung said the government is not planning another attempt to sell its interest in HMM anytime soon. Kang was speaking at a government forum on
LONDON : The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the coming month. The vessel types include
GENEVA : Container ship MSC Sky II was continuing its voyage to Djibouti on Tuesday after being hit by a missile a day earlier near Yemen’s port city of Aden, its operator MSC said.
OSLO : Höegh Autoliners ASA is making significant progress in its ambition to make the Aurora Class the world’s first PCTC vessel to run on ammonia. Today, they have been granted almost USD 14
GENEVA : MSC and the Ocean Alliance lead the way on the Asia to Europe trades in terms of market share, but Alphaliner’s analysis shows a trade in flux that will necessarily change again
OMAN : Asyad Shipping, part of Asyad Group, and Lloyd’s Register (LR) have partnered to deliver the Omani national shipping company’s first ESG (Environmental, Social and Governance) report, in line with the established Global