TOKYO : ClassNK has granted its “ELW” (Excellent Living and Working Environment) notation to “ELETTRA”, a bulk carrier owned by Fuyo Kaiun Co.,Ltd. The vessel becomes the first
NEW DELHI : The Indian Navy responded to an SOS by a Bangladesh-flagged cargo ship that was seized by pirates off the Somalia coast and took 23 of
HAMBURG : With returns sliding back to pre-Covid levels after the supercharged pandemic period shipping lines are looking to control costs again to keep their heads above water.
SANA’A : Yemen’s Iran-backed Houthi militia claimed on Friday that it had attacked Israeli and American ships in the Indian Ocean for the first time, only hours after
HAMBURG : The Supervisory Board of Hapag-Lloyd AG has approved an early renewal of the contract of Chief Executive Officer (CEO) Rolf Habben Jansen, which runs until 31
DAMMAM : In February 2024, King Abdul Aziz Port in Dammam achieved a new record by handling 235,820 TEUs, an increase of 25.41% compared to the previous throughput
COPENHAGEN : The global container shipping market faces overcapacity in the coming years and the rates paid by customers have fallen to an unsustainable level, Maersk, CEO Mr. Vincent
HAMBURG : Hapag-Lloyd has reported revenues of US$19.4 billion and profit of US$3.2 billion in 2023, translating to massive year-on-year drops from US$36.4 billion and US$18 billion, respectively.
RIYADH : The ports supervised by the Saudi Ports Authority ‘Mawani’ have recorded a growth in the statistics of imported containers by 16.88%, reaching 266,672 TEUs, compared to
SINGAPORE : Ocean Network Express (ONE) has announced the grand opening of the company’s new office space in Myanmar. The new ONE Myanmar office at Sakura Towers, Bogyoke