Market News
Singapore’s Summit Shipping Joins the Red Sea Rush
Newcomer joins established players in offering services despite security concerns. Singapore-based NVOCC (Non-Vessel Operating Common Carrier) Summit Shipping has launched its own liner operation in the Red Sea. Their “JEA-ADE-JIB” service connects Aden, Djibouti, and Jebel Ali using the chartered 713 TEU vessel “Ji Zhe 2”. Summit reportedly took over the vessel from Peak Shipping, [...]
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