Maersk has informed of an upcoming change in the tariff for its product, Container Protect, effective as of 15th May 2023 for all dry and reefer imports into India. It said: “Effective 15th April 2023, we will be increasing the price of Container Protect Unlimited...

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The International Longshore and Warehouse Union (ILWU) said on Thursday it had reached a tentative agreement with the U.S. West Coast employers of port laborers, renewing the contract for more than 22,000 dockworkers. The Pacific Maritime Association (PMA), which...

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Russian spy ships have been mapping offshore wind farms, gas pipelines, electricity interconnectors and internet cables in waters around Denmark, Norway, Finland and Sweden, Denmark’s public service broadcaster DR reported April 19. DR and fellow Nordic broadcasters...

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Mounting geopolitical tensions, shifting alliances and changes in the flow of foreign investment threaten to gradually remould global trade patterns, says Oslo-based Xeneta. The ocean and air freight rate benchmarking and intelligence platform points to evidence in...

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Post Panamax values have softened as a result of MSCs recent purchase of the Lisbon (6,078 TEU, May 2003, Hanjin Heavy Ind) sold to MSC for USD 22 mil (SS/DD Due), VV Value USD 25.53 mil. Values for this sector have fallen since the beginning of the month for vessels...

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The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, posted its biggest single-day gain since mid-March on Thursday, steered by higher shipping rates for all vessel segments. The overall index, which factors in rates...

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