ONE unveils AP1 Service, enhancing Transpacific Network
SINGAPORE : ONE is pleased to announce the launch of the Asia Pacific 1 (AP1) Service, a new route connecting Asia and the U.S. West Coast. Due to
GBC grand stage comes up in Lucknow made of 48 shipping containers
LUCKNOW : Around 50 cargo shipping containers are being used to create the stage for the upcoming Ground Breaking Ceremony in Uttar Pradesh, India, where Indian Prime Minister
SeaLead announces Ownership change and Management update
SINGAPORE : SeaLead, a fast-growing global shipping line,on Friday announced a change in its ownership structure and a management transition, reflecting a strategic move aimed at reinforcing its
HMM remains in the black for Q4 2023
SEOUL : South Korean shipping company HMM remained profitable in Q4 2023 despite the pressure on container markets. HMM reported a net profit of KRW1.01 trillion for 2023
How long can Maersk investors tolerate below-par performance, wonders Linerlytica
COPENHAGEN : Maersk blamed overcapacity for its record EBIT losses in the fourth quarter but it failed to mask the fact that it has continuously underperformed the market,
Amer Shipping sets new sustainable standard with dry cargo vessel Adriana Maria
WERKENDAM : The latest addition to Amer Shipping’s fleet in Raamsdonksveer is dry-cargo vessel ‘Adriana Maria’, a multi-purpose ship, even at low water levels. This is thanks to
Baltic index scales 1-month high on firm rates for larger vessels
LONDON : The Baltic Exchange’s dry bulk sea freight index rose to a one-month high on Monday, buoyed by firm capesize and panamax vessels rates. The overall index,
India is reworking its Merchant Shipping Act
NEW DELHI : India is looking at reworking its merchant shipping laws as it replaces the existing eponymous Act of 1958. The new provisions will look to include
GTI welcomed maiden call of ME2 service
MUMBAI : GTI welcomed the maiden call of the ME2 service this week. The ME2 service, operated by Maersk is a premium
New overweight surcharge by shipping lines worries shippers in Cochin Port
KOCHI : The shipping fraternity in the Cochin Port is keeping their fingers crossed, over the decision of some international shipping lines, to introduce a new overweight surcharge