Shipping News
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AD Ports Group and Hutchison Ports ink MoU to form a partnership
Collaboration to focus on enhancing operations of both organisations across the maritime and logistics sectors AD Ports Group, the leading facilitator of trade, logistics, and industry in Abu Dhabi, today announced that it has signed a Memorandum of Understanding (MoU) with Hutchison Ports, the world’s leading port investor, developer, and…
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IMO welcomes first ship departure under Black Sea Grain Initiative
IMO Secretary-General Kitack Lim has welcomed the departure from Odesa of the first commercial ship to leave the port under the United Nations-supported Black Sea Grain Initiative to establish a humanitarian maritime corridor for the safe passage of ships from Ukraine. The M/V Razoni is the first commercial ship to…
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First grain ship departs from Ukrainian port since Russia’s invasion
The Sierra Leone-flagged cargo ship Razoni will carry 26,527 tonnes of corn to the port of Tripoli, Lebanon. Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict A cargo ship loaded with grain has departed from the port of Odesa…
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“K” Line signs multiple consecutive voyage contracts with JSW Steel
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and “K” Line (India) Shipping Private Ltd., (KLISP) affiliated company of “K” LINE, have successfully signed multiple mid-long terms CVCs with India’s one of the largest steel makers JSW Steel Ltd. for Capesized tonnage & Supramax sized tonnage, according to the company’s release. For…
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V.Group welcomes three new LNG Dual Fuel VLCC vessels
V.Group will be providing full technical management of the three LNG dual-fuel new build vessels that are currently under construction in Daewoo Shipbuilding & Marine Engineering (DSME) and will be joining V.Group’s fleet management in Q1 2023. René Kofod-Olsen, Chief Executive Officer at V.Group said: “International Seaways’ trust in V.Group…
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Cosco Shipping Specialized Carriers’ first vessel sets sail to serve its first wind power total logistics project in Europe
On July 24, M.V. DA ZI YUN, operated by COSCO SHIPPING Specialized Carriers, departed from Taicang Port with a full load of seven sets of wind power equipment, marking the successful completion of the first shipment of wind turbine equipment for the wind power total logistics project in Ivovik, Bosnia…
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Largest Container Ship in the World Delivered to ABS Class
(HOUSTON) The EVER ALOT, the largest container ship in the world, with just over 24,000 teu capacity, has been delivered to ABS class. The vessel is the latest in a series of nine being built by Hudong-Zhonghua Shipbuilding in China to ABS class. The 400-meter megamax-24 type ship will serve…
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Inchcape Shipping Services acquires Kennedy Hunter NV port agency in Belgium
Inchcape appointed exclusive port agents for Superyachts at Old Doha Port Inchcape Shipping Services Holdings Limited (Inchcape) registered in England has signed an agreement to acquire Kennedy Hunter NV in Belgium from Conti-Lines Group (formerly Conti7). The 100% acquisition of Kennedy Hunter NV delivers Inchcape’s strategic ambition to grow in…
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OOCL Adopts Electronic Bill of Lading to Enhance Supply Chain Efficiency
Orient Overseas Container Line (“OOCL”) is switching to Electronic Bills of Lading (“eBL”), in order to enhance the efficiency of the global supply chain, reduce the carbon footprint of each shipment, and bring customers the ultimate shipping experience. OOCL’s eBL solution is powered by digital solutions provider IQAX Limited, and…
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World Container Index – this Week
Drewry’s composite World Container Index decreased by 0.9% to $6,761.63 per 40ft container this week. Our detailed assessment for Thursday, 28 July 2022 The composite index decreased by 0.9% this week, the 22nd consecutive weekly decrease, and has dropped by 28% when compared with the same week last year. The…
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