HMM achieves growth in first-half revenue and profits
SEOUL : HMM, South Korea’s major container line has posted significant gains in first-half revenue and profits. In particular, HMM reported a year-on-year 18.6% growth in its H1
TT warns container seals are being ignored to the detriment of cargo security
LONDON : Loss due to theft is among the top three causes of claims received on an annual basis by the international freight and logistics insurance specialist, TT
Container xChange Customer Advisory-Essential measures for minimizing disruption amid Ningbo Port cl
BRISBANE : Container xChange, an online container trading and leasing marketplace, is alerting the global container trading and leasing community to the serious repercussions of the recent explosion
Windcat entrusts Anglo-Eastern with managing their first Elevation Series CSOV
HONG KONG : As part of CMB.TECH, Windcat, Europe’s leading offshore personnel transfer company, has ordered six Elevation Series CSOVs in partnership with Damen Shipyards. Windcat will now
First refrigerator container rake flagged off by Waltair Rly division
VISAKHAPATNAM : The Waltair Railway division of the East Coast Railway Zone flagged off its first refrigerator container rake, laden with 43 containers with a load of 1,080
Fire breaks out on MSC container ship in Colombo
COLOMBO : Firefighters of the Sri Lanka Ports Authority (SLPA) Fire Brigade successfully extinguished the fire that broke around 00,30 hours on Sunday in the container vessel MSC Capetown III at
MSC returns to Chinese shipyard with new order for 12 LNG-powered boxships
GENEVA : The latest shipbuilding cooperation between MSC and Zhoushan Changhong follows previous contracts for ten 11,400 TEU and ten 10,300 TEU LNG-powered containerships. What is more, the Chinese shipyard has officially
Great Eastern Shipping delivers 2004 built medium range product tanker Jag Pranam
MUMBAI : Great Eastern Shipping Company delivered its 2004 built Medium Range Product Tanker Jag Pranam to the buyers. The vessel was contracted for sale in May 2024.
Even Suez Canal restart is No Silver Bullet for Container Shipping Turbulence, warns Lars Jensen
COPENHAGEN : Shippers should anticipate continued volatility in container shipping freight markets through 2025, with even the re-start of operations through the Suez Canal not guaranteeing immediate respite
Drewry: World Container Index Down 3% Last Week
LONDON : Drewry’s World Container Index decreased 3% to $5,551 per 40ft container last week. Drewry’s detailed assessment for Thursday, 08 August 2024 The latest Drewry WCI composite