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,
Maritime compliance: China clamps new rules to regulate foreign ships in its waters
SHANGHAI : Tanker owners coming near to China have more paperwork to complete. China is flexing its muscle in the South China Sea at a time where the
Crew change crisis: More IMO member states need to act
LONDON : This time last year, every crew change successfully achieved seemed exceptional. They were complex tasks involving multi-faceted challenges and ‘unknowns’ as government instructions and medical advice
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
Pirates attack Indian cargo ship off African coast, two crew members wounded, one kidnapped
CHENNAI : Indian merchant shipping crew on-board MV Tampen came under attack by pirates off a port in Africa’s Western Coast in early hours of Sunday in which
DP World to consider a role in Russia’s ‘Northern Sea Route’ ambitions
DUBAI : Dubai’s ports and free zone operator DP World is turning its attention on Russia, having signed an agreement to “study” the feasibility for a new container
China-owned ports report Rs 1b dividend to Sri Lanka Ports Authority
SHANGHAI : China Merchants Port Holdings (CMPH) has declared a dividend of Rs. 1.05 billion to the Sri Lanka Port Authority (SLPA), while announcing in the past week
CIMC’s first half container sales up 220%
SHANGHAI : China International Marine Containers (CIMC), the world’s largest container manufacturer, achieved a net profit of US$654.49 million in the first six months of 2021, as the
World Conservation Congress in Marseille: the CMA CGM Group committed to the climate and biodiversit
As a partner of the Congress, CMA CGM will compensate 100% of carbon emissions from the congress held in Marseille from September 3 to 11, 2021 and will
Israel opens new Chinese-operated container terminal
HAIFA : A new terminal at the Port of Haifa, which will be operated by the Chinese Shanghai International Port Group (SIPG), has officially been opened. The new US$1.7