With stock market-listed ocean carriers reporting even better-than-expected profits for the third quarter, their executive boards are being forced yet again to upgrade full-year earnings forecasts. A third of the way through the final
Iran’s Trade Promotion Organization (TPO) has signed a memorandum of understanding with the Islamic Republic of Iran Shipping Lines (IRISL) for cooperation in launching shipping lines from the country’s northern ports on the Caspian
GENEVA : Ignacio Ballester, Branch Manager of MSC’s head office in Spain, spoke at the eighth annual Mediterranean Ports and Shipping Conference, which took place in Valencia from 5 to 7 October 2021. The
MUMBAI : Despite additional measures taken by the world’s shipping lines to help India’s economic recovery, container shortage continues to haunt exporters. Though not as much as it would have in the absence of
COPENHAGEN : Freight rates are record high, record amounts of cargo are shipped across the Pacific Ocean, as well as globally, and the previous yearly record for new container ship orders has just been
DHAKA : Bangladesh Garment Manufacturers and Exporters Association (BGMEA) requested global apparel buyers to nominate more shipping liners and off-docks to facilitate timely shipment of export containers. BGMEA President Mr. Faruque Hassan made the
TAIWAN : Taiwanese feeder boxship operator TS Lines has added to its newbuilding orderbook, having placed an order at Fujian Mawei Shipbuilding for the construction of six 1,100 teu containerships. The 147.9 m long
GENEVA : A two-day Global Shipping Roundtable event to combat illegal wildlife and timber trade in containerized shipping brought together attendees representing 39 private shipping lines, freight forwarding companies and port operators, 18 public sector
COLOMBO : CK Express Shipping Line launched NVOCC Operations focusing starts in Sri Lanka from early July 2021 onwards. M.P. Alaagu Kumar, Chairman of CK Express Shipping Line India, together with the Freight Movers
COPENHAGEN : Maersk has announced changes in its Canadian intermodal network, which will take effect later in July. The Danish carrier will proceed with shifting cargo flows, after completing “necessary performance testing” to build