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New direct call at Vung Tau, Vietnam on MEX1 Service : CMA CGM

MARSEILLE : CMA CGM are pleased to announce the launch of a new direct call at Vung Tau, Vietnam in their own Gemalink Terminal...

Xeneta Weekly Ocean Container Shipping Market Update: Average Rates Retreat

OSLO:  The average spot rates of all trades slightly declined from last week. Ranging from -6.6% to -4.6%. This follows from last week, when...

Hutchison Ports Sohar welcomes the maiden call of the MSC’s NIM East service

SOHAR : Hutchison Ports Sohar welcomed the maiden call of the MSC’s North India Middle East service (NIM), covering major ports in Indian and...

China prepares legal grounds for shipping countermeasures against US port fees

BEIJING: China has amended a key maritime law to establish legal grounds for future countermeasures against what Beijing considers unfair treatment of Chinese ships...

Drewry: Intra-Asia Container Index Plummeted 9%

LONDON: Drewry’s Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, decreased 9% in the fortnight to 30 Sep 25...

Maersk to retrofit 200 container ships

COPENHAGEN : Container shipping giant Maersk has launched a major fleet retrofitting programme that will see some 200 of the company’s time-chartered vessels in...

ClassNK grants Approval in Principle for  Methanol Superstorage

TOKYO: Nippon Kaiji Kyokai (ClassNK) has granted approval in principle (AiP) to SRC for Methanol Superstorage, the innovative tank design concept that uses a Sandwich...

Successful Installation of Anemoi Rotor sails on U-Ming’s Grand Pioneer VLOC at COSCO Zhoushan Shipyard

ZHOUSAN: U-Ming Marine Transport Corporation (U-Ming) and leading wind propulsion technology provider Anemoi Marine Technologies Ltd. (Anemoi) are pleased to announce the successful completion of the...

Falling Rates across Vessel Segments drag Baltic Index to Over One-Month Low

LONDON: The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended losses on Thursday and fell...

MatchLog collaborates with Ocean Network Express to streamline container reuse and cut down inefficiencies across India’s EXIM corridors

MUMBAI: MatchLog Solutions, a pioneer in sustainable logistics and supply chain optimization, has collaborated with Ocean Network Express (ONE), one of the top container...
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