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June 8, 2024

MSC launches new Carioca Service connecting Asia to South America East Coast

International Shipping, Shipping Line, Trending News
GENEVA : MSC is delighted to announce the launch of its new weekly service – Carioca – connecting Asia and South America East Coast. It will provide additional coverage as well as increasing connectivity and frequency
June 8, 2024

CMA CGM updates freight rates worldwide

International Shipping, Shipping Line, Trending News
MARSEILLE : CMA CGM, the French carrier, has announced Freight All Kinds (FAK) rates effective from 1 July 2024, for shipments originating from North Europe, West Mediterranean, East Mediterranean, Black Sea, and Baltic regions
June 8, 2024

PIL launches Academy to strengthen workforce competencies in maritime transport and logistics

International Shipping, Education, Maritime, Shipping Line, Trending News
SINGAPORE : Pacific International Lines (PIL) has launched its learning and development centre of excellence, the PIL Academy, to provide training in maritime and transport logistics for all its employees. The academy aims to
June 8, 2024

6th edition of Indian Navy- Royal Navy of Oman staff talks conducted

Maritime, Defence, Navy, Trending News
NEW DELHI : Towards further strengthening the existing Defence relations between India and Oman in the maritime domain, 6th edition of Staff Talks between Indian Navy (IN) and Royal Navy of Oman (RNO) were
June 8, 2024

Chinese exporters vying for slots on container ships face months of anxiety : DHL

EXPORT, International Shipping, Logistics, Transport, Trending News
SHANGHAI : A shortage of slots on container vessels leaving China, which has caused a surge in freight rates, is unlikely to ease in the coming few months because global shipping giants have no
June 8, 2024

Container spot rates expected to rise in June again

Container, International Shipping, Trending News
LONDON : Fears over a shortage of capacity have continued to push up container freight rates over the past week, hitting levels only previously seen during the pandemic. Drewry’s World Container Index (WCI) was
June 8, 2024

US bridge closed after MSC container ship lost control at ‘full throttle’

International Shipping, Shipping Line, Trending News
CHARLESTON : A major bridge in Charleston, South Carolina, was temporarily closed on Wednesday afternoon after a crew lost control of a large container ship after it left port. The U.S. Coast Guard was
June 8, 2024

Ghana’s New Ship Repair Dock Project Funding sealed as financiers sign $94 MN Syndicated Loan

Maritime, Foreign Ports, Trending News
ABIDJAN : A consortium, including the African Development Bank, has signed an agreement to extend $94 million in senior debt funding to PMD Assetco Limited (PMD) for the construction and operation of a floating
June 8, 2024

Tototheo Global and Neuron partner to bring AI-optimised multi-provider satellite connectivity to the maritime industry

International Shipping, Maritime, Shipping Line, Technology, Trending News
LIMMASOL : Tototheo Global and Neuron have announced an agreement to deploy Neuron’s AI-powered quality of experience (QoE) management platform to vessels contracted to Tototheo. Through this partnership, Tototheo Global and Neuron will address
June 7, 2024

What PM Modi’s third term means for the World : Foreign media

Business, Economy, Global Trade, Trending News
NEW DELHI : India has played an increasingly larger part on the global diplomatic stage under Prime Minister Shri Narendra Modi — but his third term will see him look to take a starring
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