Baltic index rises on gains in larger vessel segments
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday, supported by gains in larger vessel
Singapore boosts maritime, aviation hub role as cargo flows shift and supply chain risks rise
SINGAPORE : Singapore is investing further in its infrastructure, processes and workforce to solidify its position as a trusted regional cargo centre. With more shippers expected to choose
CMA CGM takes delivery of LNG-powered 8,000 TEUs Vessel
MARSEILLE : CMA CGM has taken delivery of CMA CGM Petra, an 85,700DWT LNG-powered container vessel and the first in a new series of six built by HD Hyundai
Houthi attacks another container ship in Arabian Sea
SANAA : Yemen’s Houthi rebels claimed a drone attack on a Maersk container ship in the Arabian Sea on Dec. 27, stoking renewed concerns over Red Sea shipping
MSC orders additional 10 LNG dual-fuel boxships
GENEVA : Mediterranean Shipping Company (MSC), the world’s largest container shipping company, has ordered ten more liquefied natural gas (LNG) dual-fuel vessels in China. The shipowner placed an
ONE upgraded BBX service revamp
SINGAPORE : Ocean Network Express (ONE) has upgraded its Baltic Bridge Express (BBX) Service, designed to provide its clients with expanded port coverage. The new BBX Service rotation
Enhancing supply chain resilience amid rising global risks : UNCTAD
GENEVA : Exploring strategies to bolster resilience in the shipping industry and for cargo owners, amidst compounding environmental, economic, and geopolitical challenges. Rising global risks and polycrisisThe global
Major changes to global shipping alliances effective February 2025
MUMBAI : Global Shipping Alliances to face several major changes effective February 2025. Dissolution of the 2M Alliance The partnership between MSC and Maersk ends, which allowed the
Maritime’s revolutionary new App spreads cheer and good will to Seafarers everywhere
HATTIESBERG : As the festive season fast approaches, The Hood App, which creates communities and a sense of belonging among seafarers globally, is reinforcing its commitment to this
INTERCARGO Annual Review Details progress in Safety, Sustainability and Growth
LONDON : The International Association of Dry Cargo Shipowners (INTERCARGO) marked a transformative year in its 2023-2024 Annual Review, launching major initiatives while reaching record membership levels amid