Logistics

<!-- --> OSLO : Hoegh Autoliners has secured long-term financing for purchases, newbuildings and repayment of bank debt. A new $720m six-year fleet facility will finance the…
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<!-- --> SANAA : Two of MSC vessels and a boxship owned by UK tonnage provider Borealis Maritime were hit by Houthi missiles in the Red Sea on 6 April, as the rebels restarted…
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<!-- --> NEW YORK : The United States (US) said it would consider revoking its recent label of Yemen’s Houthis as terrorists if the Iran-backed militants cease their shipping…
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<!-- --> COLOMBO : In a landmark move, the Hambantota International Port (HIP) commenced its inaugural container transshipment service operated by the Mediterranean Shipping Company…
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<!-- --> COPENHAGEN : Maersk has announced updated and new peak season surcharges from Indonesia, Malaysia and Singapore to several African destinations. Maersk will increase its…
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<!-- --> MARSEILLE : French container carrier CMA CGM has unveiled updated Freight All Kinds (FAK) rates, effective from 15 April (loading date), until further notice from Asia to…
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<!-- --> HAIFA : Israeli ocean carrier ZIM received the 15,248 TEU container ship ZIM Mount Vinson on 3 April, the last unit in the series of 10 same-size vessels built by Samsung…
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<!-- --> COPENHAGEN : AP Moller-Maersk will resume Panama Canal transits on an east-west service that was suspended because of low water levels. Panama Canal increases transits…
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<!-- --> NEW DELHI : Container Corporation of India Ltd. (CONCOR) will be a key beneficiary of the Dedicated Freight Corridor (DFC), which is likely to result in volume growth…
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<!-- --> BALTIMORE : Workers on Sunday began removing containers from the giant cargo vessel that remains pinned under the metal remains of Baltimore’s Key Bridge, nearly two weeks…
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