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PSA Singapore celebrates Nation’s 60th Birthday with container display tribute at Tanjong Pagar Terminal

SINGAPORE : To mark Singapore’s 60th year of independence (SG60), PSA Singapore (PSA) has unveiled a container display featuring the messages “SG60 ♥” and...

Maersk launches New Caribbean – North Europe (CAX)Service

COPENHAGEN : Maersk are pleased to announce the launch of CAX, a new service that will connect the Caribbean and North Europe. With the...

PIL opens new office in Guatemala

GUATEMALA : Pacific International Lines (PIL) has opened a new office in Guatemala to strengthen its business in Central America. "This new office represents much...

Drewry: World Container Index down 2.6% last week

LONDON : Drewry’s World Container Index decreased 2.6% to $2,602 per 40ft container this week. For many years, World Container Index has been the go-to,...

Baltic Index posts Biggest Weekly Gain in four months on Capesize increase

LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, jumped on Friday, posting its biggest...

New report highlights the important role of voluntary insetting in accelerating shipping’s energy transition, with caveats

LONDON : New analysis by UCL Energy Institute, with the assistance of UMAS, analysing voluntary insetting schemes in the maritime sector suggests that they...

CULines introduces Dual Services CSX + CWS to strengthen South Asia Service

SHANGHAI : In response to increasing customer shipping demands, CULines has further optimized its South Asia route network by adding two new India-Westbound routes,...

UN council authorizes continuing vigilance of attacks by Yemen’s Houthi rebels on Red Sea shipping

NEW YORK : The U.N. Security Council on Tuesday authorized continued reporting on attacks on ships in the Red Sea by Yemen’s Houthi rebels,...

INTERCARGO-Member Fleets Outperform on Safety and Compliance

LONDON : Dry bulk carriers entered with INTERCARGO continue to demonstrate stronger performance than the global fleet average on safety and compliance, according to...

ClassNK launches ‘ClassNK Fleet Cost Simulation’ Service

TOKYO : ClassNK has launched a new service, ‘ClassNK Fleet Cost Simulation’, as part of its ‘ClassNK Transition Support Services’, which aims to facilitate...

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