Houthi attacks target MSC boxships and tankers
SANAA : Houthi rebels have allegedly assaulted another of MSC vessels. On 14 July, the 1999-built 5,652 TEU MSC Unific VI was apparently hit with anti-ship ballistic missiles
CMA CGM introduces US$1,000 surcharge from India West Coast to East Africa and Indian Ocean
MARSEILLE : French ocean carrier CMA CGM has notified its customers of an upcoming Peak Season Surcharge. This surcharge will be effective from 1 August 2024 (based on
Maersk introduces SH3 Ocean Service between China and Bangladesh, adding capacity, flexibility and e
COPENHAGEN : A.P. Moller-Maersk launched a new ocean shipping service between China and Bangladesh to meet the growing trade demand, especially in the retail industry. The new service,
Baltic index declines as capesize rates fall
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged lower on Monday as rates for capesize vessels declined.
Vizhinjam Port poised to elevate India’s status as premier container transshipment hub
THIRUVANANTHAPURAM : Vizhinjam International Seaport, being developed in public-private partnership by the Kerala government, central government and the Adani Group, will ultimately be able to handle over 5
Adani Ports planning to invest $1.2 billion in new transshipment terminal
AHMEDABAD : Adani Ports and Special Economic Zone Ltd. plans to ramp up its investment to Rs 10,000 crore ($1.2 billion) to boost its southern India transshipment container
Swire Projects demonstrates floating cargo delivery capability
SINGAPORE : Swire Projects, the projects and heavy lift shipping services division of Swire Shipping, has successfully completed a shipment of the YC Bora, a 53-meter fast support
‘New era in India’s maritime logistics’: First mothership docks at Vizhinjam International Sea
THIRUVANANTHAPURAM : Hon’ble Minister for Ports Shri V N Vasavan and Hon’ble Minister for Food and Civil Supplies Shri G R Anil along with Shri M Vincent MLA,
CMA CGM ship loses 44 containers off South Africa
MARSEILLE : The 18,000 TEU container vessel CMA CGM Benjamin Franklin encountered severe weather off the coast of South Africa, resulting in the loss of 44 containers and
PSA Group and Singapore Mitigate impact of Global Supply Chain Disruptions
SINGAPORE : PSA Singapore (PSA), a major global transhipment hub, has significantly ramped up its capabilities to support increased activity and mitigate the impact of global supply chain