G20 Reveals Ambitious Plan for IMEC Trade Corridor to Challenge China’s BRI
In the G20 summit, hosted by India, unveiled the india-Middle East-Europe Economic Corridor IMEC. Set to rival the…
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Maritime information
Mitsui OSK Lines (MOL) to Acquire Fairfield Chemical Carriers
Mitsui OSK Lines (MOL) Invests $400 Million to Acquire Fairfield Chemical Carriers, Bolstering Its Position in the…
Maersk Reduces Stake in Höegh Autoliners,
Garnering $115 Million, Maersk reduces stake in Höegh autoliners, the norwegian car carrier company, according to…
Container Charter Market Faces Challenges Amid Falling Demand
Weaker demand and shortage of available ships over 3000 TEU capacity challenge the container charter market,…
LWU Ratifies Six-Year Labor Contract, Ending West Coast Port Disruptions
75% of LWU Membership Approves Agreement Covering 22,000 Workers Across 29 West Coast Ports, according to…
Maersk Finalizes ECO Delivery Deal with Amazon
Maersk and Amazon sign the deal on the utilization of environmentally friendly biofuels "ECO Delivery" for the…
MAERSK: Methanol-powered ship arrives to Europe
The Laura Maersk, a cutting-edge methanol-powered feeder container ship has arrived to Europe for its naming…
COSCO’s Profits Soar in Q2 Amidst Rigorous Cost Reduction Efforts
According to sources, COSCO's Profits Soar in Q2 Amidst Rigorous Cost Reduction Efforts, contrary to rival shipping…
Panamá Canal: Prolonged Drought Persists Longer Transit Restrictions
The Panama Canal Authority announced the extension of transit restrictions for vessels navigating the iconic…
COSCO’s Rise and ZIM’s Fall: Container Carrier Margin Rankings in Q2…
According to sources COSCO's Rise and ZIM's Fall: Container Carrier Margin Rankings in Q2 2023, overall shipping…