Asia-US container rates fall, but average global rates rise as possible port strike nears
HOUSTON : Rates for shipping containers from east Asia and China to the US were flat to softer in the last week while global average rates rose by
Experts convene in Rotterdam to explore Pest-Resistant Container design
ROTTERDAM : Pest-resistant container design took centre stage at a meeting between specialists from the global container shipping industry and biosecurity experts, aiming to address the $423 billion
Cargo Ship’s Engine Room Flooding forces Crew to abandon Vessel in Red Sea
HODEIDAH : Twenty crew members of the MV ISA STAR, a Panama-flagged cargo ship were rescued in the Red Sea on December 5 after the vessel sent out
Maersk Asia Pacific Market Update
COPENHAGEN : As we approach the end of 2024, Maersk brings you the latest insights to support your logistics planning through the dynamic peak season. This month, we
Cost-efficient strategies can significantly cut price of FuelEU Maritime compliance, according to DN
SINGAPORE : According to a new DNV white paper outlining FuelEU Maritime requirements and compliance strategies for shipowners, compliance with the upcoming regulations will be expensive but applying
CONCOR hosts CMA CGM team
NEW DELHI : CONCOR had the privilege of hosting CMA CGM team, led by Mr. Philippe Alix – Director Intermodal, H.O Marseille, along with key officials from Dubai
CMA CGM postpones PSS from Indian Subcontinent, Middle East Gulf, Red Sea & Egypt to the US Eas
MARSEILLE : CMA CGM postponed PSS charges which was supposed to implement from 15th December 2024 will now be implemented from 1st January 2025. Effective 1st January 2025
Baltic index extends losses on weaker capesize rates
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday, pressured by lower rates in capesize
OOCL names first eco-friendly 16,828 TEU containership at DACKS
HONG KONG : Orient Overseas Container Line (OOCL) has named its first environmentally-friendly 16,828 TEU containership at China’s Dalian COSCO KHI Ship Engineering (DACKS). The vessel OOCL Bauhinia, which
Waiting time in port represents major inefficiency and GHG savings opportunity for international shi
LONDON : A new study by UCL and UMAS, which analysed ship movements between 2018-2022, found that optimising port arrivals to take into account port congestion or waiting
