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Lines challenge Aussie port restrictions

Shipping Australia has criticised port authorities imposing a 14-day ban on vessels calling at Aussie ports, to protect against Covid-19, saying the ban puts...

Australian court curtails dockers’ strikes

Dubai terminal operator DP World was celebrating on 31 January as the Federal Court Of Australia (FCA) decided to grant an interim interlocutory injunction...

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UAE Port Blockade at Port Sudan Poses Risk to Red Sea Trade Stability

The United Arab Emirates' decision to block port access for Sudanese cargo has escalated beyond a bilateral trade dispute, threatening to destabilize Red Sea...

Maersk announces PSS on Asia–Middle East trade

Maersk has announced a revision to its Peak Season Surcharge (PSS) covering exports from the Asia Pacific region to the Middle East. The adjustment...

Hanwha announces $5 Billion investment in Philly Shipyard

Hanwha Group has unveiled a $5 billion infrastructure plan for Hanwha Philly Shipyard, part of South Korea’s $150 billion commitment to bolster U.S. shipbuilding....

Elcome finalises major fleet retrofit agreement

Elcome International has signed a milestone agreement with a Middle East-based shipowner to retrofit boiler control systems across a fleet of ten crude tankers...

KCCI down as Ex-Busan rates continue to slide

The KOBC Container Composite Index (KCCI) fell 2.66% week-on-week to 1,940 points on Monday, according to Korea Ocean Business Corp. (KOBC). Spot container rates...
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