TAIPEI: Τaiwanese intra-Asia carrier TS Lines will step up scrubber installation on its ships, as the price spread between high-sulphur fuel oil (HSFO) and low-sulphur fuel oil (LSFO) widens amid surging oil prices. Last
SINGAPORE : Pacific International Lines (PIL) is pleased to introduce a new weekly direct service connecting the key ports of Thailand, Philippines and Singapore. The new service, known as Thailand Philippines Straits Service (TPS),
RIYADH : The Saudi Ports Authority (Mawani) has announced the addition of King Abdulaziz Port to a new freight service operated by Swiss-based container group MSC. The latest connection is set to bolster the
MUMBAI : Container freight rates on trades out of India have continued to cool, albeit at a slower pace on shipments to Europe, according to the latest market analysis by Container News. On the westbound
TOKYO : NYK has placed an order at Kawasaki Heavy Industries (KHI) for its fifth LPG dual-fuel very large LPG/Ammonia carrier (VLGC). The seventh vessel in NYK’s fleet of LPG-fuelled LPG carriers is also
The two major container liners have agreed to terminate their current partnership effective January 2025 COPENHAGEN/GENEVA : Maersk and MSC have agreed to terminate the 2M alliance from January 2025. Markets have changed substantially
HAMBURG : Hapag-Lloyd signed a binding agreement under which it will acquire 35 % of J M Baxi Ports & Logistics Limited (JMBPL) from a Bain Capital Private Equity affiliate. Additionally, Hapag-Lloyd AG signed
A unique initiative to improve the fluidity of the supply chain, in line with the objectives of the Biden-Harris Supply Chain Task Force.An incentive up to 200 USD per container to help CMA CGM
NYK participated in an International Symposium on clean fuel ammonia held on November 24 at Japan’s National Museum of Emerging Science and Innovation (Miraikan). This event was organized by the Clean Fuel Ammonia Association.
HAIFA : The Israeli container carrier ZIM has announced the launch of its new upgraded service connecting the Indian Subcontinent and the East Mediterranean (ZMI). ZIM will solely operate the new service, using four