China likely to dominate 2023 oil demand growth: MSI
SHANGHAI : Tanker markets have performed well over the first two months of the year, with sharp increases in spot earnings in both the crude and products sectors,
Hapag-Lloyd CEO says he is optimistic about shipping development in India
FRANKFURT: German container liner Hapag-Lloyd (HLAG.DE) sees great opportunity in India where containerisation levels are still low, Chief Executive Officer, Mr. Rolf Habben Jansen told reporters on Thursday. Having accompanied
Is there more on the horizon for container spot price falls?
By Mr. Gautham Krishnan The 2M Alliance between the Shipping- giants MSC and Maersk, announced earlier in the year about the disbanding of the alliance. Ever since then,
Bengal Tiger Line (BTL) launches new ISI Shipping Service
SINGAPORE : Singapore-based feeder operator Bengal Tiger Line (BTL) launches new India – Saudi Arabia – Iraq (ISI) Shipping Service. The ISI service will link the Dammam-based hub
KMB has taken steps for cargo shipping, development of allied industries around minor ports
KOCHI : The Kerala Maritime Board(KMB) has taken steps for coastal cargo shipping and development of port-allied industries centred around non-major ports in the State. Replying to a
cargo-partner launches new LCL services from Asia to Western Europe via Rotterdam
AUSTRIA : Global Transport and Logistics provider, cargo-partner, has extended its range of LCL (Less than Container-Load) services and launched new weekly sea freight consolidation services from China
ONE to host ‘Container Shipping Summit’ to be held in Dejima, Nagasaki
SINGAPORE : Ocean Network Express (ONE) Pte.Ltd. will host a “Container Shipping Summit” on March 16 at Dejima, located in Nagasaki of Japan, in collaboration with Nagasaki City,
Baltic Index marks best month in five on stronger vessel demand
LONDON : The Baltic Exchange’s main sea freight index posted its biggest monthly percentage gain in five months, supported by higher rates across vessel segments. The overall index,
Piled containers at Chinese ports ‘normal market adjustment;’ Hustle and bustle mirrors trade re
BEIJING : Hundreds of trucks loaded with multi-colored containers queue in front of a 363-meter-long ship docked at a terminal at the Qingdao Port, East China’s Shandong Province,
Atlas acquisition from business consortium to be completed in March
SINGAPORE : Poseidon Acquisition, a business consortium comprising Ocean Network Express (ONE) and major shareholders Fairfax Financial Holdings, the Washington family, and Atlas Chairman David Sokol, is expected