MSC remains top in global container shipping market : Alphaliner
COURBEVOIE (FRANCE) : According to the latest data released by Alphaliner, as of January 14, there were 7,211 container ships in service worldwide, with a total capacity of
Klaipėda Port moves into the future: the country’s first hydrogen-powered ship is already in
KLAIPEDA : The first ever green hydrogen and electricity-powered ship in Lithuania, commissioned by the Klaipėda State Seaport Authority, has been moved from shipyard into water. Leaving no
NorthStandard launches one-stop-shop for smaller and specialist vessels
LONDON : NorthStandard has launched a new H&M and P&I product for smaller commercial vessels, typically up to 10,000 gross tonnes. The new offering will also include War,
DP World says sea freight prices could fall 20% if Red Sea attacks curbed
DUBAI : Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World’s Deputy Chief Executive, Mr. Yuvraj Narayan
Existing ships and those on order would produce twice the emissions required under a 1.5°C-aligned
LONDON : A new report from UCL’s Energy Institute Shipping and Oceans Research Group assesses the financial risks to the shipping industry from stranded assets due to stricter
Baltic Index hits near Two-Year Low on Weaker Rates across Vessels
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to its lowest level in 23 months on
Will CMA CGM be the first liner to resume the Red Sea Route?
MARSEILLE : The 11,388 teu CMA CGM COLUMBA is scheduled to make an eastbound Suez transit on 23 January 2025 after having passed through Suez on 6 December
IMO launches Regional Presence Office for the MENA region in Alexandria, Egypt
ALEXANDRIA : The International Maritime Organization (IMO) has launched its Regional Presence Office (RPO) for the Middle East and North Africa (MENA) region during a ceremony held in
Baltic Index at over 1-year low as rates decline across segments
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a sixth straight session on Tuesday to
Global shipping giant MSC explores India for shipbuilding and repair opportunities
GENEVA : The world’s largest container shipping line, Mediterranean Shipping Company (MSC) has initiated preliminary discussions with India’s Ministry of Ports, Shipping, and Waterways to identify a suitable