TS Lines re-enters Pacific trades and expands its order book to $1bn
The Taiwanese intra-Asia carrier TS Lines has added five more ship orders at the Chinese shipyards and said it would reintroduce Pacific services and announced it had commissioned
Indian Register of Shipping (IRClass) delivers Emergency Response Plan and Oil Spill Response relate
NEW DELHI : Indian Register of Shipping (IRClass) has delivered a set of detailed Emergency Response Plans (ERP) and Oil Spill Contingency Plans (OSCP) for Hamad and Al
Port of Halifax welcomes direct call with India through MSC Indus 2 Service
Halifax, Nova Scotia : The Port of Halifax will receive the first direct call between the West Coast of India and a Canadian port when the maiden call
Container sector is so hot that ships rent for $200,000/day
You can buy a brand-new Ferrari starting at $250,000. To rent a 12-year-old container ship for a mere three months, it could cost you a lot more than
Cargo rate freeze won’t solve shipping strains
BEIJING : Recent moves made by international shipping companies’ to freeze cargo rates will do little to ease strained shipping capacity and improve logistics efficiency, Chinese traders said,
Carrying containers on a bulker – what the experts say
SHANGHAI : It is not though quite as simple as stacking containers on a bulk carrier in return for a hefty freight or charter rate and hoping they
Cash-rich container lines look to squeeze out feeder operators
LONDON : Ocean carriers are squeezing their feeder service providers from both sides: firstly by refusing to entertain contract rate increases, and secondly by turning the heads of
Global shipping is earning the most money since 2008 as pandemic pain wanes
MUMBAI : The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the
Durban’s ship repair skills praised after 96.5 tonnes of steel used to fix Indian vessel
DURBAN : The ship repair skills and ingenuity of the Durban based Sandock Austral Shipyards (SAS) were put to its full test when the team undertook the repair
No capping of shipping rates: Govt
NEW DELHI : The government ruled out capping of freight rates, which have shot up, but made it clear that shipping lines needed to be transparent in their