April sees unprecedented growth of India’s new export orders, PMI shows
NEW DELHI : April sees unprecedented growth of new export orders buoyed by the 90-day pause in the implementation of tariffs imposed by the Trump administration, HSBC Flash
Hapag-Lloyd says 30% of China’s US bound shipments have been cancelled
DUESSELDORF : Hapag-Lloyd customers have cancelled 30% of shipments to the United States from China, spooked by the trade conflict between the world’s two largest economies, a spokesperson
MSC partners and has placed order for six container ships with Hengli Heavy Industry
GENEVA : MSC Mediterranean Shipping Company, led by Soren Toft, has partnered with Hengli Heavy Industry for a new series of LNG dual-fuel megamax containerships. The Swiss-based liner
KMTC introduces new weekly service to Mexico, expanding Transpacific and Middle East connectivity
SEOUL : KMTC Line has unveiled a new weekly shipping service that will connect Asia with Mexico, slated to begin operations on April 30, 2025. This service will
International Chamber of Shipping highlights strategic role of Suez Canal amid industry’s shift to
ISMAILIA : The Suez Canal continues to stand as one of the most critical maritime corridors globally, reaffirmed Guy Platten, Secretary General of the International Chamber of Shipping
Global shipping navigates Trump tariffs uncertainty
PARIS : Shifting trade announcements have led to unprecedented volatility in the global shipping industry in recent weeks, with industry players having to constantly adapt to new US
Sallaum Lines selects Inmarsat NexusWave to drive fleetwide digitalisation strategy
LONDON : Inmarsat Maritime, a Viasat company, has signed an agreement with Sallaum Lines, a leading Roll-on/Roll-off (RoRo) cargo shipping company, to upgrade to Inmarsat Maritime’s NexusWave fully
Baltic Index gains on Stronger Vessel Rates
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index rose on Wednesday to its highest level in more than a week, as rates increased across all vessel
United States eases port fees on China-built ships after industry backlash
WASHINGTON : The Trump administration shielded on Thursday domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied
Port of Antwerp-Bruges: Strong container throughput restricts downturn in an eventful first quarter
ANTWERP : In the first quarter of 2025, Port of Antwerp-Bruges handled 67.7 million tonnes of cargo, a drop of 4.0% compared to the same period last year.