CMA CGM reinstates Suez transits on India-US route
MARSEILLE : CMA CGM has taken the lead among major carriers in reinstating the traditional — and significantly shorter — Suez Canal route that the vast majority of
Driving the Future of Maritime: 14th SMI Forum Explores Digital Innovation and Green Transition
SINGAPORE : The 14th edition of the Singapore Maritime Institute (SMI) Forum successfully concluded yesterday with over 200 industry leaders, researchers and government representatives, gathering to discuss the
Drewry’s World Container Index up 7%
LONDON : Drewry’s World Container Index increased 7% to $3,444 per 40ft container this week. Drewry’s detailed assessment for Thursday, 07 November 2024
Ramesh S Ramakrishnan honored with the prestigious “The Maritime Standard Hall of Fame Award&#
DUBAI : Transworld Group of Companies are proud and excited to share that Chairman, Ramesh S Ramakrishnan, has been honored with the prestigious “The Maritime Standard Hall of Fame
Trump’s victory in the US will likely disrupt container shipping industry
OSLO ; Donald Trump’s victory in the US 2024 presidential election is a will likely disrupt industry for international trade as importers fear another spike in ocean container
APM Terminals receives largest containership in Lagos
LAGOS : APM Terminals Apapa has celebrated a historic achievement as the largest container ship ever to visit Nigeria’s Lagos Port Complex Apapa docked at its terminal on
Trump’s Re-Election is set to reshape U.S. Container Trade dynamics
NEW YORK : With Donald Trump’s return to the White House anticipated, the U.S. container trading industry faces a new landscape of both opportunity and complexity. As his
IMO heads to COP 29 to promote net-zero framework for shipping
LONDON : Secretary-General Arsenio Dominguez will lead IMO’s delegation to the annual UN Climate Change Conference (COP 29) to be held in Baku, Azerbaijan, from 11 to 22 November
DNV Grants Approval in Principle to HD Hyundai Heavy Industries for Ammonia DF large container vesse
SEOUL : DNV has awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for its 15K ammonia fuelled container vessel design. This milestone follows
Baltic Index gains as Capesize rates rise
LONDON : The Baltic Exchange’s dry bulk sea freight index rose on Thursday, supported by gains in the capesize vessel segment. The index, which factors in rates for