May 13, 2024
March 18, 2026
May 13, 2024
CU Lines enhances VGX Service to strengthen Southeast Asia-Middle East trade routes
SHANGHAI : CU Lines has announced an upgrade to its VGX Service, connecting Southeast Asia with major Middle East hubs like Jebel Ali and Dammam. This initiative reflects the company’s commitment to enhancing global
May 13, 2024
Shipping market conditions boost Yang Ming’s first Quarter results
KEELUNG CITY : Yang Ming Marine Transport Corporation (Yang Ming) held its 392nd Board Meeting on 10th May to approve its Q1 financial report of 2024. The consolidated revenues in Q1 totaled NT$ 43.8
May 13, 2024
Maersk suspends Methanol Ship order to Chinese Shipbuilder
COPENHAGEN : Maersk, the world’s second-largest shipping company, has reportedly postponed an order for 15 methanol-powered container ships from a Chinese shipbuilder. The delay is reportedly due to Maersk’s objections to design drawings submitted
May 13, 2024
Decarbonisation of shipping could create up to four million green jobs
COPENHAGEN : The Global Maritime Forum has revealed the immense economic potential presented by the decarbonisation of shipping. New analysis, commissioned by the Global Maritime Forum and conducted by Arup, projects that the maritime
May 13, 2024
Baltic dry bulk index logs best week in more than two months
LONDON : The Baltic Exchange’s main sea freight index marked its best week in more than two months on Friday, despite a daily decline attributed to weakness in capesize vessel segment. The overall index,
May 13, 2024
Panama Canal in talks with US LNG producers to increase transit
NEW YORK : The Panama Canal is in talks with U.S. liquefied natural gas (LNG) producers on how to meet increased demand for crossings as water levels recover after a prolonged drought, the canal’s
May 11, 2024
Commerce Ministry is looking for a plan to diversify its export destinations
NEW DELHI : The Ministry of Commerce is working on a plan to diversify its export destinations, and ship goods such as electronics goods, drugs, engineering goods, and food products to new markets, as
May 11, 2024
DG Shipping alerts Seafarers’ families against fraudsters seeking money by posing as officials
MUMBAI : In a recent advisory issued by the Directorate General of Shipping in Mumbai, family members of seafarers are warned about an increasing number of scammers posing as law enforcement officials. The warning
May 11, 2024