GENEVA : The world’s largest container shipping company MSC is delivering on its promise to inject massive vessel capacity into its fleet this year. Namely, the Swiss-based container shipping giant has welcomed into the
MARSEILLE : The CMA CGM Group, a global player in sea, land, and air logistics solutions, announced the launch of the new Bangladesh India Gulf Express (BIGEX) Service. It will debut as the first
TOKYO : Nippon Yusen Kaisha (NYK) has sold its 1998-built multipurpose (MPP) vessel Kamo to PHP for recycling in line with the Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships (HKC). Chattogram-based
HAIFA : Israel-based container line ZIM Integrated Shipping Services has published its operating and financial results for the full year ending 31 December 2022. ZIM reported a year-on-year decline of 3% in its container
DOHA : Qatar Navigation Q.P.S.C. (“Milaha”) held its Ordinary and Extraordinary Annual General Assembly Meeting virtually, on 12th March, at the Company’s headquarters, during which the Shareholders approved Ordinary General Assembly Meeting agenda, including the
GENEVA : Shanghai-based Hudong-Zhonghua Shipbuilding (Group) built and delivered the largest container vessel in the world ‘MSC TESSA’ to Mediterranean Shipping Company (MSC). MSC Tessa has a container capacity of 24,116 TEUs and is
MOSCOW : Ruscon, a leading multimodal transport logistics provider in Russia, has significantly expanded its containerised service network from the Black Sea port of Novorossiysk to Nhava Sheva (JNPT) and Mundra in West India
TAIPEI : Wan Hai Lines has taken delivery of the first 13,200 TEU containership from South Korean shipbuilder Hyundai Heavy Industries (HHI). As informed, the delivery ceremony took place at HHI’s Ulsan yard. After
SINGAPORE : Global Shipping Business Network (GSBN) has announced a collaboration with Cosco Shipping Lines, Orient Overseas Container Line (OOCL), and Shanghai Research Institute of Chemical Industry Testing (SICIT), to improve the safe transportation
KEELUNG : Yang Ming Marine Transport Corporation marked new records in its annual revenues and profits in 2022 with the Taiwanese ocean carrier reporting consolidated revenues of US$12.61 billion and after-tax profits of US$6.06