CMA CGM applies PCS in Gambia
MARSEILLE : French container carrier CMA CGM has announced a Port Congestion Surcharge (PCS) due to the current congestion in Banjul, Gambia. The surcharge will take effect on
Wallem Group and COSCO enter strategic cooperation agreement
HONG KONG : Wallem Group, a leading global maritime partner, is pleased to announce it has signed a strategic cooperation agreement with COSCO Shipping Seafarer Management Company to
SeaLead announces Key Management Transition in USA to accelerate business growth
SINGAPORE : SeaLead, a fast-growing global shipping line, on Monday announced the appointment of Mr. Mark Lee as Managing Director, SeaLead USA, at a time of continued growth
India boosts Domestic Shipping Industry with Strategic Initiatives
NEW DELHI : In a significant move to bolster India’s maritime sector, the government has implemented a series of measures aimed at enhancing the capacity and competitiveness of
Wärtsilä to transfer its manufacturing site in Trieste, Italy to shipping company MSC
VAASA: In July 2022, technology group Wärtsilä announced a plan to ramp down manufacturing in Trieste and to centralise its 4-stroke engine manufacturing in Europe to Vaasa, Finland.
Wan Hai Lines celebrates naming of two boxships
TAIPEI : Wan Hai Lines held a ship naming ceremony for WAN HAI 375 and WAN HAI 377, along with a charity donation event, on 1 August at
MOL obtains AiP for “LNG Carrier Installing Wind Challenger”- The World’s First Approval for a
TOKYO : Mitsui O.S.K. Lines, Ltd. has been awarded an approval in principle (AiP) by Nippon Kaiji Kyokai (ClassNK) for the design of a membrane LNG Carrier installing
NYK presents its Decarbonization strategy at International Forum
TOKYO : Nippon Yusen Kabushiki Kaisha (NYK) participated in International & Indonesia CCS Forum 2024 from July 31 to August 1, an event to promote international discussion and
Baltic index snaps 10-session losing streak as capesize rates gain
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a 10-session losing streak on last Friday, supported
Drewry: World Container Index Down 1% Last Week
LONDON : Drewry’s World Container Index decreased 1% to $5,736 per 40ft container last week. Detailed assessment for Thursday, 01 August 2024