COPENHAGEN : Maersk, Lloyd’s Register and Core Power will explore the regulatory feasibility and frameworks that will be required for a container ship using a fourth-generation nuclear reactor
LONDON : The Baltic Exchange’s main sea freight index marked its first weekly gain in five on Friday, helped by higher rates for capesize vessel segment. * The
AHMEDABAD : Competition between government/landlord ports and Adani Ports and Special Economic Zone (APSEZ) in India is heating up, with the latter making rapid inroads into the emerging
SINGAPORE : Pacific International Lines (PIL) is pleased to introduce a new weekly direct service connecting key ports in China and Bangladesh. The new service, known as China
SHANGHAI : COSCO SHIPPING Lines officially secured the TISAX (Trusted Information Security Assessment Exchange) certification, indicating that the company meets European Union (EU) automotive industry standards for information
HAMBURG : Hapag-Lloyd has announced a new General Rate Increase (GRI) from Asia to the West Coast of South America, Mexico, Central America and the Caribbean. This GRI
MUSCAT : Asyad Line, part of Asyad Group, is expanding its reach in Asia with a significant enhancement of its Far East Express (FEX) service. Starting August 2024,
HAMBURG : Hapag-Lloyd concluded the first half year of 2024 with a Group EBITDA of USD 2 billion (EUR 1.8 billion). The Group EBIT decreased to USD 0.9
MUMBAI : A new report, titled the “Survey on Gender Equality in Indian Maritime Industry (2024),” has been released on August 12th, shedding light on the significant strides and ongoing
COPENHAGEN : Due to increased waiting times and congestion at terminals in South East Asia, Maersk has decided to implement seasonal schedules to mitigate delays and improve schedule