May 30, 2025
April 1, 2026
May 30, 2025
CULines & UGL launch AEM+ Service, strengthening direct connectivity between Asia and Egypt’s Mediterranean Region
SHANGHAI : CULines and UGL have officially commenced operations in the Mediterranean by launching the new Asia–East Mediterranean Plus (AEM+) Service—a strategic container route linking China’s major ports directly to Alexandria. Represented by SeaGlory
May 30, 2025
Ocean Network Express advances Green Strategy with Ship Recycling Policy and Membership in SRTI
SINGAPORE : Ocean Network Express (“ONE”) has advanced its Green Strategy by implementing a Ship Recycling Policy and joining the Ship Recycling Transparency Initiative (SRTI), reinforcing its commitment to responsible practices and environmental stewardship. Both
May 30, 2025
IMO’s Net Zero Framework sends a clear signal to shipowners to order ammonia dual fuel ships, but remaining uncertainties undermine early investment in e-fuels
LONDON : A new study released on Thursday, May 29 by UMAS and UCL Energy Institute Shipping and Oceans Research Group, and undertaken for Global Maritime Forum, shows that under the parameters principally agreed
May 30, 2025
NorthStandard stays on course despite unsettling year for global P&I
NEWCASTLE : NorthStandard’s 2025 Annual Review reports a steady performance, highlighting the benefits of scale and diversification in an unsettling P&I year. The global marine insurer said escalating geopolitical instability and serious maritime incidents
May 30, 2025
Drewry’s World Container Index increased 10% to $2,508 per 40ft container this week
LONDON : For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index increased 10% to $2,508 per 40ft container this week. Drewry’s detailed assessment
May 29, 2025
DP World Nhava Sheva expands Asia Connectivity with New Weekly Shipping Services to China and Southeast Asia
MUMBAI : DP World, a leading global provider of smart end-to-end supply chain solutions, welcomed the inaugural calls of the CI6/SIS/CISC2 and SI8/AIS5 service at its Nhava Sheva terminal, strengthening the terminal’s connectivity with
May 29, 2025
Container lines profits and margins drop sharply in Q1
TORONTO : John McCown’s Blue Alpha Capital said that the container shipping industry reported a $9.9 billion net profit in the first quarter of 2025. This represents a 36.4% or $5.7 billion decrease over
May 29, 2025
MOL seeks support from Japanese Govt over EU sanctions
TOKYO : Japanese shipping company Mitsui OSK Lines Ltd. has approached the Japanese government for assistance after the European Union unexpectedly imposed sanctions on three of its liquefied natural gas (LNG) tankers connected to
May 29, 2025