KOCHI : The shipping fraternity in the Cochin Port is keeping their fingers crossed, over the decision of some international shipping lines, to introduce a new overweight surcharge (OWS) effective from February 7. The
COPENHAGEN : A.P. Moller – Maersk (Maersk) delivered solid financial results for 2023 in line with our financial guidance for the year. While volumes were up across most products and strong cost control helped
SHANGHAI : COSCO SHIPPING Lines has opened its new branch office, SARL, in Casablanca, Morocco. Diamond Line, a subsidiary of COSCO Shipping Lines (Europe) GmbH, will play an important role in expanding the North
COPENHAGEN : The greenhouse gas emissions targets set by A.P. Moller-Maersk have received validation from the Science Based Targets initiative (SBTi), aligning them with the 1.5-degree pathway outlined in the Paris Agreement. This achievement
MARSEILLE : French-headquartered box line CMA CGM has announced a new overweight surcharge (OWS) effective from 7 February 2024 until further notice. The surcharge applies to cargo originating from Indian ports such as Nhava
MARSEILLE : French container shipping company CMA CGM informed its customers that as from 1 February 2024 and until further notice, all services initially routed via the Red Sea passage will now follow the
COPENHAGEN : Maersk will launch a new weekly service connecting the Middle East with Europe in mid-February. The new service, called ME8, will sail via the Cape of Good Hope and its rotation will
CAIRO : An Israeli software startup and one of the world’s biggest shipping lines are among companies that for the first time are opening up commercial trade routes running through the heart of the Middle East to bypass
HAMBURG : Global container shipping line Evergreen Marine Corporation (Evergreen) has signed a memorandum of agreement (MOA) with X-Press Feeders, the world’s largest independent common carrier, to place its containers on X-Press Feeders’ new
MARSEILLE : On January 30, Beihai Shipbuilding and CMA CGM signed a contract for a methanol dual-fuel retrofit project for a container vessel. CMA CGM had also reportedly entered into a contract with Shanghai Waigaoqiao