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February 18, 2023

CIMC confirms order of ten new LNG dual-fuel container ships from MSC

International Shipping, Shipping Line, Trending News
GENEVA : Chinese manufacturer China International Marine Containers (CIMC) has reportedly confirmed a new order from MSC for ten LNG dual-fuel container vessels with a capacity of 11,500 TEUs. According to a CIMC statement,
February 18, 2023

Jeddah Port wins “Port of the Year” Award

Foreign Ports, Ports, Trending News
RIYADH : The Saudi Ports Authority (Mawani) has won the Port of The Year and Digital Transformation awards at the 7th Green Shipping Summit held in Rotterdam, The Netherlands on February 15-16. The Port
February 18, 2023

A.P. Moller – Maersk and Mawani break ground for Saudi Arabia’s largest Integrated Logistics Park at Jeddah Islamic Port

Logistics, Foreign Ports, Trending News
Spread over 225,000 sq. m., this Integrated Logistics Park upon opening will provide Maersk’s customers extensive infrastructure for warehousing & distribution, cold storage, e-commerce and serve as a hub for transhipments, petrochemical consolidation, air
February 18, 2023

Drewry: World Container Index Down 2% This Week

Container, International Shipping, Shipping, Shipping Line, Trending News
LONDON : Drewry’s composite World Container Index decreased by 2% to $1,954.64 per 40ft container this week. Our detailed assessment for Thursday, 16 February 2023 The composite index has decreased by 2% this week,
February 18, 2023

Baltic index falls for seventh straight week

International Shipping, Maritime, Ship Building, Shipping, Trending News
LONDON : The Baltic Exchange’s main sea freight index edged higher on Friday but declined for the seventh straight week on lower demand for larger vessels, while the capesize segment marked its worst weekly
February 18, 2023

China lifts suspension on seafood imports from India

EXPORT, Trending News
KOLKATA : India’s export of marine products is likely to increase by 5-10% in the next financial year, as China lifting import ban on the 99 seafood-processing and exporting units, , DV Swamy, Chairman,
February 18, 2023

Port of Los Angeles moves 726,014 container units to start 2023

Foreign Ports, Trending News
CHARLESTON : The Port of Los Angeles processed 726,014 Twenty-Foot Equivalent Units (TEUs) in January, a 16% decrease from the previous January’s all-time record. “We expect softer global trade throughout the first quarter, particularly
February 18, 2023

Bolloré Logistics sends humanitarian aid equipment to provide support and relief to the people hit by the earthquake in Turkey

CSR, Logistics, Trending News
PUTEAUX ( FRANCE) : Bolloré Logistics has teamed up with Turkish Airlines to transport humanitarian aid equipment to Turkey to provide support and relief to the people hit by the earthquake that devastated the
February 18, 2023

Unlocking opportunities for Green Shipping in Africa : IMO

Maritime, Shipping, Trending News
LONDON : A Green Shipping conference in Accra, Ghana (15-16 February), provided a forum to discuss opportunities and challenges for African countries in the decarbonization of international shipping. Key drivers of change include an
February 17, 2023

Indian Merchandise exports rise in both value and volume terms in 2022

EXPORT, Trending News
NEW DELHI : India’s merchandise exports have recorded a healthy growth in both value and volume terms in 2022, economic think tank Global Trade Research Initiative (GTRI) said in a report on Thursday. Former
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