Shipping News
-
Breaking News : Shipping lines are using rollovers to bump up freight rates
Shipping lines are using rollovers to bump up freight rates, ‘forcing’ the vast majority of shippers to pay no-roll premiums. According to Cas Pouderoyen, head of ocean freight at Agility, around 80% of shippers feel they have to pay premiums of $400 to $500 per container on the deepsea trades.…
Read More -
Shipping Lines : Maersk soulution of efficiency meets cost savings
How a leading retailer saved 14.4% in transportation services and warehousing costs, and more by optimising their supply chain. The customer The customer is a leading multinational group that designs and sells ready-to-assemble furniture, kitchen appliances, home products, and home-related services. As of June 2019, they have 423 stores operating…
Read More -
Logistic : SINGAPORE DOMINATES ISCD INDEX FOR SEVEN STRAIGHT YEARS
The top five international shipping centres of 2020 remain the same as the previous year, according to the 2020 Xinhua-Baltic International Shipping Centre Development (ISCD) Index. The Baltic Exchange, a maritime market information provider and Xinhua, the Chinese state news agency, have published the seventh edition of the ISCD index,…
Read More -
Trade : INDIA’S LARGE STEEL EXPORTS NOT SUSTAINABLE
: Though weak domestic demand has prompted Indian steel producers to look at exporting the commodity, rating agency Icra is of the view that large volumes of steel exports from India are not sustainable in the near term. India’s finished steel exports grew 76 per cent during April-May 2020 and…
Read More -
Reports : Viking Line — the first shipowner in the world with anti-Covid-19 safety certificate
By :(special ) MAREK GRZYBOWSKI Viking Line is a shipowner from the Åland Islands well known for introducing innovations. The operator is the first shipping company in the world whose management system in terminals and ships has been tested for safety against COVID-19. Viking Line ships and terminals have been…
Read More -
Shipping Lines : Maersk acquired KGH Customs Services (KGH)
A.P. Moller – Maersk announces that it has reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), a Sweden-based specialist in trade and customs management services in Europe. This will further enhance Maersk’s capabilities as an integrated container logistics company, offering end-to-end supply chain solutions to its…
Read More -
New regulation by Central Bank of Egypt || IBAN (International Bank Account Number)
Kindly note that based on Central Bank of Egypt instructions swift t code and account number for wire transfers will be replaced by IBAN (International Ban Account Number). IBAN is a bank account number that is recognized by banks and other financial institutions around the world. It’s a standardized way…
Read More -
!?Why Shipping Matters
For most of us school ended with children at home, collaborating online, perhaps struggling with online lessons, and wondering when the next package would arrive. Many parents struggled with at-home schooling. Many families and students struggled with video learning. Thankfully, our friends at the Institute of Chartered Shipbrokers developed a…
Read More -
ٍShipping Line : Launching the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping.
The shipping industry has made a strong commitment to reduce its global carbon emissions towards 2050. A group of leading industry players are taking the next step to develop new fuel types and technologies by launching the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The founding company partners behind…
Read More -
Logistic : EZ Link Manage RORO Shipment from Malaysia to Taiwan
EZ Link has successfully completed the RORO shipping of a mobile crane from Port Kelang in Malaysia to Taipei Port in Taiwan. The crane has dimensions of 14.38 x 3.00 x 4.00m and a weight of 77tn along with additional parts such as the counterweight (10tn), hook and sheave. Project, Breakbulk & Heavy Lift Manager…
Read More