A Global Carbon Tax on Shipping is Coming, Says ABS Chairman and CEO
HOUSTON : A universal, global carbon tax on shipping is coming, as alternative blue fuels made with carbon capture emerge as a critical step in the energy transition
MSC commences new Panama-US East Coast service
GENEVA : The world’s largest box line MSC has announced the launch of a new connection between Panama and the US East Coast. Geneva based container line will
CNC Line launches new service between Indonesia, China and South Korea
SINGAPORE : CNC Line has announced the introduction of a new service , called KCI, a weekly service directly linking Indonesia with South China and South Korea. KCI
COSCO Shipping announces new North America East Coast to the West Coast of South America Service
SHANGHAI : COSCO Shipping Lines (Central America) Company currently operates twenty-seven regional shipping services in America, covering twenty-four countries and fifty-two ports in South and North America. COSCO
MSC completes acquisition of French Freight Forwarder Clasquin
GENEVA : MSC and French freight forwarder Clasquin have agreed on the terms of an acquisition deal announced in December 2023 which will be completed by MSC subsidiary
‘No Indian ship attacked but situation in Red Sea volatile’ says Navy Chief
NEW DELHI : The Indian Navy, which has deployed more than 10 warships in the region, has thwarted several piracy attempts in and around Arabian Sea during the
Bahri Line expands fleet with a new Multi-Purpose Vessel
RIYADH : Bahri Line has continued its venture into the niche multipurpose sector with the addition of an MPP to its fleet. The company said it has added
Baltic index slips to three-week low on weaker capesize, panamax rates
LONDON : The Baltic Exchange’s main sea freight index fell to over a three-week low on Monday, weighed down by weakness in the capesize and panamax vessel segments.
CMA CGM announces upgrade to service between Jeddah and NRX in partnership with Folk Maritime
MARSEILLE : Effective from April 2024, CMA CGM will operate NRX (North Red Sea Express), a joint upgraded service connecting Saudi Arabia Jeddah Islamic Port to NEOM, North
ClassNK certifies the world’s first onboard CCS installation on EVERGREEN’s Neopanamax containe
TOKYO : ClassNK has granted its “SCCS-Full”*1 class notation to “EVER TOP”, a Neopanamax container vessel owned by EVERGREEN. The notation signifies that the vessel is now equipped