Thursday, June 26, 2025
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MSC boxship attacked in Red Sea

MSC confirmed that on 26 December the 8,200 TEU container ship MSC UNITED VIII was attacked while transiting the Red Sea. "The vessel informed a...

MSC-Adani terminal deal at Ennore poised to boost South India trade flow

MSC's 49% stake acquisition in Adani Group's container terminal at Ennore Port, also known as Kamarajar Port, has the potential to boost direct calls...

Major box carriers pause container ship traffic through Red Sea

Major ocean carriers have decided that their ships will not transit the Suez Canal due to recent attacks in the region. The largest container line...

MSC announces new rate increase in Australia

MSC has announced a hike in Freight All Kind (FAK) rates from India, Pakistan and Colombo to Australia. Effective from 8 January until further notice, all...

MSC targets oversized Indian freight to use up excess vessel capacity

Container lines -- awash with excess capacity amid muted demand conditions -- are attempting new strategies to lift headhaul loads. Signalling that trend, Mediterranean Shipping...

MSC and Hamburg secure over 92% of HHLA shares

MSC's wholly-owned subsidiary Port of Hamburg Beteiligungsgesellschaft SE announced the result of its voluntary public takeover offer for Hamburger Hafen und Logistik Aktiengesellschaft (HHLA)...

MSC adds Karachi port to Sentosa-Shikra pendulum service rotation

The world's largest container carrier MSC has decided to enhance its Sentosa-Shikra pendulum service. The service, which is operated solely by the Swiss/Italian line, will...

MSC proceeds with acquisition strategy making another bid for French logistics firm

MSC has submitted a bid to buy a 42% stake in French logistics company Clasquin, continuing its acquisition strategy. Chairman of Clasquin Yves Revol and...

Shipping CEOs join forces to accelerate shipping industry decarbonization

The Chief Executive Officers (CEOs) of major global shipping lines have issued a joint declaration at COP 28 calling for an end date for...

Atlas Air receives third MSC Boeing 777 Freighter

Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc., has taken delivery of a Boeing 777 Freighter, which it will operate on...
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Kalmar and Cagliari RoRo terminal extend partnership

Kalmar has signed a new agreement with Cagliari RoRo Terminal in Italy to supply eight heavy terminal tractors. The order was booked in Kalmar’s Q2...

BIMCO Shipping Number of the Week: Ship recycling could double to 16,000 ships over the next 10 years

“As the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention) enters into force we have updated...

New chapter in ship recycling begins as Hong Kong Convention enters into force

Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships has officially enterred into force, as of 26 June 2025. Adopted under...

StockSpace and Axione Development to establish warehouse facility in KEZAD

Khalifa Economic Zones Abu Dhabi (KEZAD) Group, in partnership with StockSpace and master developer Axione Development, has signed a 50-year land lease agreement to...
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