DP World and Russia to Pilot Container Shipping Via the Arctic Route
DUBAI : Russia continues to develop shipping through the Arctic promoting it as a faster route that is an alternative to the Suez Canal. In the latest development,
Container shipping faces the brunt of new European emissions rules
Maritime is having to contend with the splintering of environmental regulations following last week’s proposal by the European Commission of a cap and trade system for shipping emissions.
India-SL synergies vital to control future volume growth in huge container ships
Synergies between India and Sri Lanka are vital to handle a future growth in Ultra Large Container Ships in the Indian subcontinent, Sri Lanka Ports Authority chairman Capt.
Maersk said to be eyeing up to a dozen 15,000TEU ships
COPENHAGEN : Maersk Line is said to be discussing orders for up to a dozen 15,000TEU methanol-fuelled container ships at Hyundai Heavy Industries (HHI), according to reports from
Yang Ming eyeing ULCV league with newbuildings
Yang Ming is reportedly planning to join the current newbuilding “arms race”, as it seems to be involved in orders of new container ships, while the company’s last
Container ship suffers suspected missile attack in Indian Ocean
An Iran-affiliated outlet has reported an attack on the boxship CSAV Tyndall, a vessel previously owned by Israeli shipowner Eyal Ofer. According to Israeli media, the vessel was struck by
Maersk bans Iranian-owned containers from its vessels
COPENHAGEN : Maersk has announced it will not accept any Iranian-owned containers on its vessels from now on, applying potential fines and penalties in such cases. “Potential fines
Container ship prices skyrocket as rush to move goods picks up
Prices to ship containers from Asia to the U.S. and Europe are rising at a historic pace as cargo owners bid up rates in a search for ocean
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
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
