SHIPPING
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TAC Index: Red Sea disruption no dramatic effect yet on air cargo rates
January 9, 2024 - The disruption to ocean traffic in the Red Sea has yet to have any dramatic effect on air cargo rates, according to the...
FIATA cautions shipping lines imposing surcharge on unaffected destinations
January 9, 2024 - The FIATA International Federation of Freight Forwarders Associations (FIATA) has warned shipping lines against...
Unstable situation in the Red Sea could result in congestion at ports
January 8, 2024 - The continuing escalation of attacks on vessels at the Red Sea could trigger port congestion in many regions, and the...
Maersk diverts all Red Sea vessel transits to the Cape of Good Hope
January 5, 2024 - A.P. Moller–Maersk announced a follow-up to its January 2 decision to pause all vessels bound for the Red Sea/Gulf of...
OOCL introduces first eco-friendly 24,188 TEU vessel in 2024
January 5, 2024 - Orient Overseas Container Line Ltd. (OOCL) has introduced another new 24,000 TEU mega vessel. It said in a statement...
MOL inks deal with Yara for ammonia supply chain
January 5, 2024 Mitsui O.S.K. Lines, Ltd. (MOL) has announced the signing of a time charter contract for the ammonia carrier...
New West India service to call at Savannah Port
January 5, 2024 Ocean Network Express will launch a new containership service between Savannah and West India in May 2024. This new...
ZIM adds a call to Cai Mep Port in Vietnam to its ZMP service
January 5, 2024 ZIM Integrated Shipping Services Ltd has announced that its ZMP service, connecting Asia to the East Mediterranean,...
AAL's 32,000 DWT ship, AAL LIMASSOL takes to water
January 4, 2024 AAL Shipping said in late December, at the CSSC Huangpu WenChong Shipyard in China, the first of its next-generation...
IMO condemns Red Sea attacks; groups call for more pressure to end hostilities
January 4, 2024 International Maritime Organisation (IMO) Secretary-General Arsenio Dominguez has further condemned the attacks against...
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