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Al Naboodah Group joins DP World’s DUBUY.com

DP World-owned DUBUY.com has welcomed the UAE’s Al Naboodah Group onto its wholesale e-commerce platform. The new partnership is expected to accelerate Al Naboodah Group’s...
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Hapag-Lloyd increases rates from Indian Subcontinent and Middle East to US

German ocean carrier Hapag-Lloyd has announced a General Rate Increase (GRI) and General Rate Adjustment (GRA) from the Indian Subcontinent and Middle East to...

Lloyd’s Register approves Seaspan’s ammonia-powered feeder vessel design

Lloyd's Register (LR) has granted Approval in Principle (AiP) to Seaspan Corporation for its innovative dual-fuel ammonia-powered next-generation feeder ship design. Developed by TECHNOLOG, this...

CMA CGM applies overweight surcharge from Med to East Africa and Comoro Islands

CMA CGM has announced the introduction of an Overweight Surcharge (OWS) for certain shipments, effective from 18 September 2024, until further notice. The surcharge will...

Strong dry bulk market fuels 42% drop in ship recycling

So far this year, only 45 ships have been recycled, adding up to 2.5 million deadweight tonnes (DWT) or 0.2% of the fleet. Recycling...