January 10, 2024
April 6, 2026
January 9, 2024
COSCO Shipping halts shipping to Israel : Israeli media
JERUSALEM : Chinese shipping firm COSCO has suspended shipping to Israel, Israeli financial news website Globes reported on Sunday. The report, which did not include details behind the decision, came as shipping lanes in
January 9, 2024
India-US shippers hit by three rounds of hefty rate hikes in January
MUMBAI : Indian shippers are getting flooded with general rate increase (GRI) and peak season surcharge (PSS) notices as container lines attempt to maximise pricing out of the troubled Red Sea waters. MSC has
January 8, 2024
MSC overtakes Maersk in becoming the World’s largest shipping line
GENEVA : MSC Mediterranean Shipping Company solidified its position as the most extensive shipping line in the world in 2023 with the addition of over one million TEUs (20-foot equivalent containers), per new numbers
January 8, 2024
Red Sea Crisis: Costs have gone up, crisis may deepen, says official
NEW DELHI : Disruptions along the Red Sea trade route have begun pushing up shipping and insurance costs as shippers have begun taking longer routes fearing further attacks, a senior government official said Friday.
January 6, 2024
15 Indians among crew freed after Indian Navy commandos board ship hijacked in Arabian Sea
NEW DELHI : All 21 crew members, including 15 Indians, on board Liberia-flagged bulk carrier hijacked in the Arabian Sea were safely evacuated by Indian Navy on Friday, after its marine commandos intercepted the
January 6, 2024
ONE Line announces Indian Ocean Mediterranean (IOM) Service
SINGAPORE : Ocean Network Express (ONE) introduces the Indian Ocean Mediterranean Service (IOM), connecting key regions such as India, Pakistan, and the Middle East with the vibrant Mediterranean area. According to ONE, this new
January 6, 2024
FMC granting ‘special permission authority’ for Red Sea diversion freight hikes
WASHINGTON : The hostilities in the Red Sea will likely be igniting other battles, albeit of a commercial rather than military nature, as container lines seek hefty rate increases and file urgent requests with
January 6, 2024
26 shipping lines sign up in Container Deposit Refund System
PHILIPPINES : Twenty-six shipping lines are now signed up with Container Ledger Account (CLA), an online system that aims to simplify and speed up container deposit refund. New entrants are MSC Mediterranean Shipping Company
January 6, 2024