#shipping
Cyprus Maritime seals the containership deal of the year
In a year where seemingly every last transaction sets a new container shipping S&P record, Cyprus Maritime has pulled off an extraordinary coup. The Cypriot o...
Import containers to be fumigated as Australia enforces Khapra beetle rules
Regulations requiring import containers from 40 countries across Europe, Asia, the Middle East and Africa to be fumigated to prevent the migration of Khapra beetles...
Maersk persists in Iranian-owned containers ban
Maersk has announced it will continue not to accept any Iranian-owned containers on its vessels, applying potential fines and penalties in such cases, in a decision...
Ningbo Ocean Shipping joins box ship newbuild buying spree
Ningbo Ocean Shipping Company (NBOSCO) has joined its peers in the newbuilding ‘arms race’. The Ningbo Port Group subsidiary has ordered three 3,300 t...
Container ship at Dubai's largest port erupts in flames
A container ship anchored at Dubai's huge port has caught fire, the emirate's media office reported, causing an explosion that sent tremors across the commer...
Report: Container Ship Hit by 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 me...
BGMEA, BFFA for direct vessel operations with Europe, USA
At a meeting held at Chattogram BGMEA Bhaban on Sunday, leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Bangladesh Freight...
Shippers Fret as ‘Opaque’ Detention and Demurrage Charges Soar
By Nick Savvides (The Loadstar) – A doubling of detention and demurrage charges (D&D) during the pandemic has resulted in complaints across the US, Euro...
Extreme Freight Rates Begin to Change Shippers' Calculations
The containerized shipping industry has been essential to global commerce for its low shipping costs. However, high freight rates are starting to have an impact on c...
Egypt signs non-disclosure deal over canal blockage compensation
CAIRO: Egypt has signed a non-disclosure agreement with the Japanese owner of a megaship that blocked the Suez Canal in March as it finalises a compensation agreemen...
Early agreement reached in dispute over Ever Given cargo ship which blocked Suez Canal
By The Associated Press The owners and insurers of the giant container ship that blocked the Suez Canal for nearly a week earlier this year have reached an agre...
South China Ports in Crisis as Congestion Spreads
By Sam Whelan (The Loadstar) – South China’s port congestion has gone from bad to worse – delays at Yantian are spilling over to nearby Shekou a...
CIMC boss sees no end to container crunch in 2021
The Chief Executive Officer (CEO) of the world's largest container manufacturer, China International Marine Containers (CIMC), predicts that the well-publicised...
Teleport Converts Two A320s Into Air Freighters
KUALA LUMPUR: AirAsia Group Bhd's cargo and logistics unit Teleport has operated its maiden freighter flight with a dedicated B737-800F aircraft, reinforcing its...
CIMC boss sees no end to container crunch in 2021
The Chief Executive Officer (CEO) of the world's largest container manufacturer, China International Marine Containers (CIMC), predicts that the well-publicised...
01 September 2024
Container Prices Double, Leasing Rates Triple in China
04 September 2024
Maersk sets new bar with shipping’s first climate target validation
06 September 2024
Port of Los Angeles Reports Another Busy Month for Cargo Volumes
09 Agustus 2024