reight rate indices are sending mixed messages but most of the latest indicators show a steady decline in rates as lines and shippers negotiate annual contracts on the transpacific. Nick Savvides | Apr 24, 2024 Linerlytica, however, reported this week that “the stage...
Ørsted along with officials of the government of Taiwan gathered today to celebrate the commission of the first sections of the Greater Changhau offshore wind farms. In addition to being the largest of its kind in Asia, the wind farm doubled Taiwan’s offshore wind...
With Nigeria considered Africa’s largest economy, it goes without saying that its maritime sector has to play a substantial role in facilitating the country’s trade. Unfortunately, Nigeria’s maritime sector – especially the public-owned port system –...
KUALA LUMPUR, April 20 — Treasury secretary-general Datuk Johan Mahmood Merican held a discussion yesterday with the logistics industry on the implementation of the proposed targeted diesel subsidies. “This discussion was held to seek the views of associations and...
KUALA LUMPUR, April 18 — The supply of container vessels will continue to outpace demand, putting pressure on freight rates as more newly built containerships are introduced into the market amidst ongoing geopolitical conflicts. -ADVERTISEMENT- Veson Nautical senior...
RAWANG, April 19 — The Ministry of Investment, Trade and Industry (Miti) is closely monitoring reports on the Middle East conflict for a possible escalation in the region. Minister Datuk Seri Tengku Zafrul Abdul Aziz said so far, shipments through the Red Sea shipping...