CMA CGM announces PSS from Indian Subcontinent
MARSEILLE : A Peak Season Surcharge (PSS) of $1,500 per unit will be applied from the Indian Subcontinent, Middle East Gulf, Red Sea, and Egypt to the US
KYC more important than ever in shipping
LONDON : The recent political shift in the US has brought renewed focus on the evolving sanctions landscape, particularly for the maritime industry. The increasing complexity of compliance
Maritime appetite for cyber risk notably higher than other key industries : DNV Report
OSLO : A new report published by DNV reveals that the majority (61%) of maritime professionals believe the industry should accept increased cyber risk from digitalization if it
Drewry’s World Container Index remains stable last Week
LONDON : Drewry’s World Container Index remained stable at $3,440 per 40ft container last week. Drewry’s detailed assessment for Thursday, 14 November 2024
Baltic index rises as capesize segment logs gains
LONDON : The Baltic Exchange’s main sea freight index rose on Friday, supported by a strong rise in the capesize vessel segment. The index, which factors in rates
Hapag-Lloyd CEO expects shipping strength to continue
HAMBURG : Hapag-Lloyd’s CEO said on Thursday he expects continued strength in container shipping volumes, which are driven by global demand for transporting goods and seen as a proxy for
Hapag-Lloyd achieves good result in first three quarters of 2024
HAMBURG : Hapag-Lloyd concluded the first nine months of 2024 with a Group EBITDA of USD 3.6 billion (EUR 3.3 billion). The Group EBIT stood at USD 1.9
Ocean Network Express and Seaspan Corporation jointly announce the establishment of ONESEA Solutions
SINGAPORE : Ocean Network Express (ONE) and Seaspan Corporation (SEASPAN) are pleased to announce the establishment of OneSea Solutions Pte. Ltd. (ONESEA), a solutions provider focused on technical ship management and
SeaLead inaugurates New Office in South Korea, A move towards expansion in East Asia
SEOUL : SeaLead, a fast-growing global shipping line, on Thursday inaugurated its office in Seoul, South Korea. This milestone underlines SeaLead’s ambitious growth strategy within East Asia, where
SeaLead unveils ANIDEA Service connecting Far East, West India, and East Africa
SINGAPORE : SeaLead, a fast-growing global shipping line, announced the launch of its revamped service, ANIDEA (Asia and India, East Africa). This rebranded service, which builds upon the
