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MSC–SCI strengthen connectivity with addition of Port of Sines to IPAK Service

GENEVA : Mediterranean Shipping Company (MSC), in collaboration with the Shipping Corporation of India (SCI), has expanded its IPAK Service by adding the Port...

Maersk introduces Red Sea and Gulf of Aden surcharges amid escalating maritime risks

COPENHAGEN : Maersk, the world’s second-largest container carrier, announced new emergency surcharges linked to the evolving security situation in the Red Sea and Gulf...

Antwerp, Rotterdam ship queues grow amid prolonged strikes

ROTTERDAM: Separate indefinite industrial actions have hit the Belgian Port of Antwerp and the Port of Rotterdam in the Netherlands in recent days, leading...

Maersk and CATL forge global strategic partnership in Supply Chain Electrification and International Logistics

BEIJING : A.P. Moller - Maersk, an integrated logistics company, and Contemporary Amperex Technology Co., Limited (CATL), a global leader in new energy innovative...

35% of ships subject to additional fees due to tariffs: BIMCO

LONDON: In last week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at the possible effect of fees from...

DP World and Hapag-Lloyd extend partnership for next decade at Port of Santos

SANTOS : DP World says it has renewed a long-term agreement – started in 2014 – with Hapag-Lloyd, one of the world’s largest shipping...

CMA CGM announces FAK rates from Asia to the Mediterranean & North Africa

MARSEILLE : CMA CGM announced Freight All Kinds (FAK) rates from Asia to the Mediterranean & North Africa to apply from October 15th to 31st,...

China hits back at US ships with additional port fees

LONDON: Vessels owned or operated by U.S. firms and individuals – or those built in the United States or that fly the U.S. flag...

Drewry’s World Container Index decreased 1% last week

LONDON: For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index decreased 1% to...

Baltic Index heads for weekly gain on capesize and panamax strength

LONDON: The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, edged up on Friday and was...
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