April 6, 2026
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January 31, 2024

Hapag-Lloyd sees financial figures decline amid slight box volume increase

International Shipping, Shipping Line, Trending News
HAMBURG : German ocean carrier Hapag-Lloyd reported a significant decrease in earnings in the 2023 financial year, while its container volumes saw a slight uptick. According to preliminary and unaudited figures, the Hamburg-based company’s
January 31, 2024

Box lines launch Red Sea services despite Houthi risks

International Shipping, Shipping Line, Trade, Trending News
SINGAPORE : Mainline operators which are still offering Red Sea services are configuring their routes to transit the troubled region. Hapag-Lloyd has launched an ad hoc Jeddah Express (JDX) service calling at Tanger Med,
January 31, 2024

Contrasting schedule reliability in Taiwan’s container lines, Evergreen tops in December 2023

International Shipping, Logistics, Shipping Line, Trade, Trending News
COPENHAGEN : Sea-Intelligence has released the 149th issue of the Global Liner Performance (GLP) report, providing schedule reliability data up to and including December 2023 and covering schedule reliability across 34 different trade lanes
January 30, 2024

Container freight rates out of India continue to soar amid Red Sea crisis

Logistics, EXPORT, International Shipping, Shipping, Shipping Line, Trade, Trending News
MUMBAI : The boost in container freight rates seen on trades out of India as a consequence of the Red Sea crisis has accelerated in recent weeks, according to the latest market analysis. On
January 30, 2024

Port of Antwerp now handles 16-meter draft boxships

Foreign Ports, Ports, Shipping Line, Trending News
ANTWERP : After three years of efforts to prepare the Antwerp port for container ships with a 16-meter draft, the Belgian port is now ready to welcome the largest vessels during its regular operations.
January 30, 2024

PIL becomes First Shipping Line to complete full integration with SGTRADEX in collaboration with KPI OceanConnect

International Shipping, Shipping Line, Trending News
SINGAPORE : Pacific International Lines (PIL) has successfully completed full integration with the Singapore Trade Data Exchange (SGTraDex) platform, making PIL the first shipping line to do so. This achievement, realised through a collaborative
January 30, 2024

Ocean Network Express advances Net-Zero commitment with approval in principle for Ammonia Dual-Fueled vessel

International Shipping, Shipping Line, Trending News
SINGAPORE : Ocean Network Express (ONE) is proud to announce the award of Approval in Principle (AiP) for an Ammonia Dual-fueled vessel. Along with the investment in 12 methanol dual-fueled vessels, this marks another
January 30, 2024

MSC strengthens its Europe – South Africa network

International Shipping, Logistics, Shipping Line, Trade, Trending News
GENEVA : Aiming to improve its Europe – South Africa network, MSC has announced the enhancement of its NWC to South Africa Service, effective from March, and the launch of a new feeder service
January 29, 2024

FIEO’S Pre-Budget proposal for FY’ 2024-25 by FIEO President

EXPORT, Policy, Shipping Line, Trade, Trending News
NEW DELHI : FIEO President (OFFICIATE) Mr. Israr Ahmed has announced FIEO’s Pre- Budget proposal for the upcoming Union Budget 2024-25. 1. R&D Support key to sustained Exports growth: R&D is an integral part
January 29, 2024

Contracts signed for construction of World’s First Ammonia-Fueled Ammonia Gas Carrier

International Shipping, Maritime, Shipping Line, Trending News
TOKYO : In December 2023, Nippon Yusen Kabushiki Kaisha (NYK), Japan Engine Corporation, IHI Power Systems Co., and Nihon Shipyard Co., Ltd. signed a series of contracts to construct the world’s first ammonia-fueled medium
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