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April 24, 2025

April sees unprecedented growth of India’s new export orders, PMI shows

EXPORT, Business, COMMERCE, MSME, Shipping Line, Trade, Trending News
NEW DELHI : April sees unprecedented growth of new export orders buoyed by the 90-day pause in the implementation of tariffs imposed by the Trump administration, HSBC Flash India PMI said. Private sector companies in India
April 24, 2025

Hapag-Lloyd says 30% of China’s US bound shipments have been cancelled

International Shipping, Shipping Line
DUESSELDORF : Hapag-Lloyd customers have cancelled 30% of shipments to the United States from China, spooked by the trade conflict between the world’s two largest economies, a spokesperson for the German container shipping group
April 24, 2025

MSC partners and has placed order for six container ships with Hengli Heavy Industry

International Shipping, Global Trade, Ship Building, Ship Recycling, Ship Repair, Shipping Line, Trending News
GENEVA : MSC Mediterranean Shipping Company, led by Soren Toft, has partnered with Hengli Heavy Industry for a new series of LNG dual-fuel megamax containerships. The Swiss-based liner giant has recently signed up for
April 24, 2025

KMTC introduces new weekly service to Mexico, expanding Transpacific and Middle East connectivity

International Shipping, Maritime, Shipping Line, Trending News
SEOUL : KMTC Line has unveiled a new weekly shipping service that will connect Asia with Mexico, slated to begin operations on April 30, 2025. This service will navigate a route that includes Shanghai,
April 24, 2025

International Chamber of Shipping highlights strategic role of Suez Canal amid industry’s shift toward sustainability

International Shipping, Foreign Ports, Infrastructure, Maritime, Shipping Line, Trending News
 ISMAILIA : The Suez Canal continues to stand as one of the most critical maritime corridors globally, reaffirmed Guy Platten, Secretary General of the International Chamber of Shipping (ICS), during the Suez Canal Authority’s
April 24, 2025

Global shipping navigates Trump tariffs uncertainty

Export - Import, Global Trade, International Shipping, Policy, Shipping Line, Trending News
PARIS : Shifting trade announcements have led to unprecedented volatility in the global shipping industry in recent weeks, with industry players having to constantly adapt to new US tariffs. Cargo ships put to sea
April 24, 2025

Sallaum Lines selects Inmarsat NexusWave to drive fleetwide digitalisation strategy

International Shipping, Maritime, Shipping Line, Technology, Trending News
LONDON : Inmarsat Maritime, a Viasat company, has signed an agreement with Sallaum Lines, a leading Roll-on/Roll-off (RoRo) cargo shipping company, to upgrade to Inmarsat Maritime’s NexusWave fully managed bonded connectivity service, making it an
April 24, 2025

Baltic Index gains on Stronger Vessel Rates

International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index rose on Wednesday to its highest level in more than a week, as rates increased across all vessel segments. The main index, which tracks
April 23, 2025

United States eases port fees on China-built ships after industry backlash

International Shipping, Foreign Ports, Global Trade, Maritime, Policy, Ship Building, Shipping Line, Trending News
WASHINGTON : The Trump administration shielded on Thursday domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied on China-built vessels, aiming to revive
April 23, 2025

Port of Antwerp-Bruges: Strong container throughput restricts downturn in an eventful first quarter

International Shipping, Break Bulk Cargo, Container, Foreign Ports, Shipping Line, Trade, Trending News
ANTWERP : In the first quarter of 2025, Port of Antwerp-Bruges handled 67.7 million tonnes of cargo, a drop of 4.0% compared to the same period last year. This decline was largely driven by
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