Sea-Intelligence sees a staggering number of late vessel arrivals
DENMARK : Schedule reliability across the world has been pretty poor throughout the year, as several ports and regions have been severely impacted by port congestion, according to
‘Crazy rates’ to ship a container out of India – after a 100% premium to get the box
MUMBAI : With the severe shortage of containers and capacity, Indian forwarders are being quoted “crazy” freight rates by carriers that “won’t honour” contracts. According to the Federation
Brussels needs to be bolder in tackling shipping emissions
BRUSSELS : Almost 25 years ago, the Kyoto protocol set binding commitments for industrialised countries to cut carbon emissions. Sixteen years ago, the EU launched the world’s first
HMM confirms a dozen 13,000TEU vessels order
HMM has signed newbuilding contracts with Daewoo Shipbuilding & Marine Engineering (DSME) and Hyundai Heavy Industries (HHI) for twelve 13,000TEU container ships. The total cost of the new
Maiden Voyage of Coastal Shipping Service “Green Freight Corridor-2” inaugurated by Mansukh Mand
NEW DELHI : The Ministry of Ports, Shipping and Waterways has accorded high priority to building greater synergies between the Major Ports and Non-Major Ports in order to
Box rates up 332% year-on-year, schedule reliability hits dire new lows
LONDON : Shippers might be paying 332% more per box that they were this time last year, according to the latest data from Drewry, yet they’re having to put
DCSA Launches Adopter Programme
AMSTERDAM : Digital Container Shipping Association (DCSA), a neutral, non-profit group established to further digitalisation of container shipping technology standards, in conjunction with its nine member carriers, on Tuesday, 29th June 2021, launched the DCSA Adopter Programme, which enables solution and service providers to validate adoption
MSC linked to another five boxship buys
GENEVA : Having added around 60 secondhand vessels over the last 10 months, Mediterranean Shipping Company (MSC) shows no sign of slowing down its buying spree with brokers reporting
More container ships score ‘astronomical’ $100,000/day rates
Multi-month container-ship charters continue to be signed at jaw-dropping rates above $100,000 per day. The market is getting even tighter, pushing charter rates and durations higher still. Even
IFSCA forms committee to explore avenues for ship financing and leasing
GANDHINAGAR : The International Financial Services Centres Authority (IFSCA)— the unified regulator at GIFT City in Gandhinagar — said that it has constituted a committee of experts to