Baltic index slips for fourth straight day as capesize rates dip
LONDON : The Baltic Exchange’s main Sea Freight index, which tracks rates for ships ferrying dry bulk commodities, was down on Wednesday for the fourth straight session, tracking
Marlink upgrades Shelf Drilling’s offshore network with SD-WAN and Starlink Solutions
OSLO : Marlink, the leading managed services provider of business-critical ICT solutions, has announced two major upgrades for long-term customer Shelf Drilling. The first upgrade involves implementing a
Global cruise major MSC Cruises to set sail in India as favourable tax reforms kick in: Sonowal
NEW DELHI : Union Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal said that Global cruise major MSC Cruises, based out of Geneva, has expressed willingness to
Shifts in Container Rankings: ZIM surpasses Yang Ming, CMA CGM set to overtake Maersk
PARIS : MSC and ZIM Line are the fastest-growing mainline operators, according to the latest Alphaliner’s report. MSC’s fleet has now crossed the 6 million TEU mark, thanks
MSC Michigan VII released from Port of Charleston after 48-day detention
GENEVA : Investigations as to what caused the container ship MSC Michigan VII to lose propulsion and nearly strike a bridge have been completed. The 6,500 teu container
PIL upgrades its electronic Bill of Lading solution for customers
SINGAPORE : Pacific International Lines (PIL) is partnering with WaveBL, a leading provider of digital trade solutions, to provide a wider range of electronic Bill of Lading (eBL)
Dalian-Mexico direct container shipping route opens
DALIAN : An OOCL CHENNAI vessel departed from Dalian Container Terminal on Friday, marking the launch of a new direct container shipping route connecting northeast China’s port city
BIFA and TT Club deliver advice on maritime container safety
LONDON : The British International Freight Association (BIFA) used the latest episode in its 2024 webinar series to deliver some key advice on the subject of safety in
Container ship fleet expands by 11%, fastest growth in 15 years : BIMCO
LONDON : “Since the beginning of the year, the capacity of the container ship fleet has increased by 1.6m TEU. Compared to one year ago, the capacity has
Hapag-Lloyd applies US$1,000 GRI from Indian Subcontinent and Middle East to North America
HAMBURG : Hapag-Lloyd has announced a General Rate Increase (GRI)/ General Rate Adjustment (GRA) from the Indian Subcontinent and Middle East to North America. The GRI will apply
