SHIPPING
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Maersk expects subdued market outlook until the end year
August 12, 2023 - A.P. Moller – Maersk (Maersk) expects the subdued market to continue for the rest of the year as normalisation...
OOCL announce new service in its Intra-European network
August 12, 2023 - OOCL has announced a new service in its Intra-European Network called "Türkiye Spain Morocco...
Yang Ming says oversupply still dominates maritime market
August 11, 2023 - Yang Ming Marine Transport Corporation (Yang Ming) noted that oversupply still dominates the maritime market in the...
AAL releases new sustainability report to drive transparent ESG reporting
August 11, 2023 - AAL Shipping (AAL) has released a comprehensive 2022 Sustainability Report, sharing its activity and strategy across...
Credit: PSA BDP PSA BDP and Dow India partner for zero emissions green transport corridor
August 11, 2023 - PSA BDP has signed a Memorandum of Understanding (MoU) with Dow Chemical International Pvt. Ltd. (Dow India),...
Source: GPA Georgia Ports container volumes up 17% from June
August 11, 2023 The Georgia Ports Authority (GPA) handled 447,590 twenty-foot equivalent container units (TEUs) in July, up 17% from...
Xeneta: Spot rates rally on key Far East trade lanes after latest GRI moves
August 11, 2023 Spot rates for containerized ocean freight have climbed across three leading Far East export corridors after the latest...
Hapag-Lloyd notes continuing risks for the rest of 2023 as it reported slowdown in H1
August 10, 2023 Hapag-Lloyd noted continuing risks in the market moving into the second half of 2023 as it reported a slowdown in its...
Sea-Intel: Sustained halt to demand collapse
August 9, 2023 Sea-Intelligence noted that this is now the fourth month where the global collapse in demand "can be said to ...
Credit: Drewry Drewry: Reefer shipping remains resilient despite 2022 trade contraction
August 9, 2023 Reefer container freight rates continue to outperform the dry cargo trade, despite an unprecedented contraction in...
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