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November 4, 2023

CMA CGM applies new FAK rates from Asia to North Europe

International Shipping, Shipping Line, Trending News
MARSEILLE : Marseille-based container line CMA CGM has announced new Freight All Kinds (FAK) rates from all Asian ports, including Japan, South East Asia and Bangladesh, to all North European ports, including the United
November 4, 2023

Emirates Shipping Line to commence Far East Africa Express service

International Shipping, Logistics, Shipping Line, Trending News
HONG KONG : Emirates Shipping Line (ESL) announced the launch of the Far East Africa Express (FAX) service connecting major ports in China with Mombasa in Kenya and Dar es Salaam in Tanzania. The
November 3, 2023

Schedule reliability improves, Maersk and Hamburg Süd top rankings

International Shipping, Logistics, Shipping Line, Trade, Trending News
COPENHAGEN : Sea-Intelligence published issue 146 of the Global Liner Performance (GLP) report, which includes schedule reliability figures from January to September 2023. According to the analysis, in September 2023, global schedule reliability rose
November 3, 2023

Maersk charters more tonnage to catch up with MSC

International Shipping, Shipping Line, Trending News
COPENHAGEN : Maersk Line has been actively chartering vessels in the last fortnight, as the Danish giant tries to close the gap with its rival Mediterranean Shipping Company (MSC), which displaced the former at
November 3, 2023

Hapag-Lloyd increases rates from Indian Subcontinent to US East and West Coasts

International Shipping, Shipping Line, Trending News
HAMBURG : Hapag-Lloyd has announced a new General Rate Increase (GRI) / General Rate Adjustment (GRA) from India, Pakistan, Sri Lanka and Bangladesh to the United States East Coast and West Coast. The rate
November 2, 2023

ONE announces China India Pakistan Service upgrade

International Shipping, Shipping Line, Trending News
SINGAPORE : Ocean Network Express (ONE) will upgrade its China India Pakistan (CIP) Service, starting from the cycle of westbound ETA at Shanghai on 31 October. The updated service rotation of the CIP service
November 2, 2023

ONE forecasts 94% plunge in full year profit

International Shipping, Shipping Line, Trending News
SINGAPORE : Ocean Network Express (ONE) has forecast a profit of $851 million for the year ended 31 March 2024, down some $14.1 billion on the previous year. Singapore-headquartered ONE reported a FY2023 Q2
November 2, 2023

PSA Singapore and Pacific International Lines expand Collaboration on Sustainability Solutions to Decarbonise Global Supply Chain

International Shipping, Maritime, Ports, Shipping Line, Trending News
SINGAPORE : In a collective journey towards achieving net zero greenhouse gases (GHG) emissions, PSA Singapore (PSA) and Pacific International Lines (PIL) have signed a Memorandum of Understanding (MOU) to jointly develop sustainable solutions
November 2, 2023

CMA CGM transfers first peruvian grapes to Japan

International Shipping, Shipping Line, Trending News
TOKYO : CMA CGM’s Asia Central South America 1 (ACSA1) Service shipped the first load of Peruvian grapes to Japan. The milestone shipment arrived at CMA CGM’s Honmoku D4 terminal in the port of
November 1, 2023

India and Saudi Arabia nail shipping corridors to boost New Delhi-Gulf ties

Export - Import, Foreign Ports, International Shipping, Logistics, Maritime, Ports, Shipping Line, Trade, Trending News
NEW DELHI : After Saudi Arabia’s King Abdulaziz Port, commonly known as Dammam Port, was added to the India- Saudi-Iraq service route started by Singapore operated Bengal Tiger Line, it will now be part
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