Trans-Pacific freight rates hit $9,500
Asia-US container rates surge to $9,500 per unit as Middle East conflict and typhoon disruptions tighten capacity
Shipping
Shipping news ports maritime
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Shipping
Shipping companies call for limits on biofuels in shipping
Hapag-Lloyd among companies calling on UN global shipping agency (IMO) to exclude crop fuels from list of green shipping alternatives
Shipping
UN shipping body’s green fuels law could worsen the sector’s climate impact – study
The IMO’s green strategy could release an additional 270 million tonnes of GHG emissions in 2030 compared to today, making it worse than doing…
Shipping
African countries prepare to roll out net-zero shipping strategy
The event was organized by the International Maritime Organization (IMO) in collaboration with the Kenyan Ministry of Mining, Blue Economy and Maritime Affairs, and…
Shipping
Maersk completes order of 20 dual-fuel vessels
With the ordering of 20 owned vessels for its fleet, Maersk executes on the fleet renewal plan announced in August this year
Business
“Global Trade in Need of Balanced Business Practices in Maritime Supply Chains”
The Global Shippers’ Alliance (GSA), in collaboration with the European Shippers’ Council (ESC), convened a pivotal roundtable discussion titled “Global Trade in Need of Balanced…
Shipping
HMM profit soars in Q3 amid strong market dynamics
The revenue for Q3 KRW 3,552 billion, with a net profit of KRW 1,739 billion and an operating profit of KRW 1,461 billion.
Containers
Hapag-Lloyd’s $4 Billion Gamble on New Container Ships Amid Overcapacity Concerns
As the shipping industry braces for an uncertain future, Hapag-Lloyd makes a massive investment in new container ships equipped with alternative fuel technology.
Shipping
Hapag-Lloyd Trials Inmarsat’s NexusWave for Superior Maritime Connectivity
Container shipping giant Hapag-Lloyd tests cutting-edge NexusWave to revolutionize communication at sea and create "floating offices."
Shipping
MSC Launches New Direct Service Connecting Dammam and Shanghai
Clanga Service to Enhance China-Saudi Arabia Trade Connectivity
Energy
Korean Consortium Installs Carbon Capture System on Boxship
Innovative Maritime Tech to Undergo Testing
