Market News

COSCO halts shipping to Israel, Israeli media reports
Market News

COSCO halts shipping to Israel, Israeli media reports

Recent updates from prominent Israeli financial news platform Globes have revealed that COSCO, a leading Chinese container shipping corporation, has halted its shipping services to Israel.  Cosco has not yet issued an official announcement in the Israeli market This significant development in the global shipping industry, however, has not been accompanied by detailed explanations regarding [...]
  • admin
  • January 9, 2024
COSCO halts shipping to Israel, Israeli media reports
Market News

COSCO halts shipping to Israel, Israeli media reports

Recent updates from prominent Israeli financial news platform Globes have revealed that COSCO, a leading Chinese container shipping corporation, has halted its shipping services to Israel.  Cosco has not yet issued an official announcement in the Israeli market This significant development in the global shipping industry, however, has not been accompanied by detailed explanations regarding [...]
  • admin
  • January 9, 2024
Maritime Piracy in Asian Waters Surpasses 100 Incidents in 2023
Market News

Maritime Piracy in Asian Waters Surpasses 100 Incidents in 2023

In a significant rise from previous years, the number of piracy and armed robbery incidents aboard ships in Asian waters has topped 100 this year (as of December 27), escalating from 84 last year and 82 in 2021, as per the latest figures from the ReCAAP Information Sharing Centre (ISC), a regional inter-governmental agency. Out [...]
  • admin
  • January 8, 2024
Maritime Piracy in Asian Waters Surpasses 100 Incidents in 2023
Market News

Maritime Piracy in Asian Waters Surpasses 100 Incidents in 2023

In a significant rise from previous years, the number of piracy and armed robbery incidents aboard ships in Asian waters has topped 100 this year (as of December 27), escalating from 84 last year and 82 in 2021, as per the latest figures from the ReCAAP Information Sharing Centre (ISC), a regional inter-governmental agency. Out [...]
  • admin
  • January 8, 2024
NYK CONDUCTS LONG-TERM TRIAL USE FOR FULL-SCALE INTRODUCTION OF BIOFUELS
Market News

NYK CONDUCTS LONG-TERM TRIAL USE FOR FULL-SCALE INTRODUCTION OF BIOFUELS

NYK is embarking on a comprehensive, long-term trial starting in the fiscal year 2024 to extensively test the viability of biofuels with the aim of reducing net-zero CO2 emissions in its existing heavy oil-fired vessels.  NYK Shipping Line is planning to conduct trials of applying biofuels in Logistics in 2024. This initiative goes beyond previous [...]
  • admin
  • January 4, 2024
NYK CONDUCTS LONG-TERM TRIAL USE FOR FULL-SCALE INTRODUCTION OF BIOFUELS
Market News

NYK CONDUCTS LONG-TERM TRIAL USE FOR FULL-SCALE INTRODUCTION OF BIOFUELS

NYK is embarking on a comprehensive, long-term trial starting in the fiscal year 2024 to extensively test the viability of biofuels with the aim of reducing net-zero CO2 emissions in its existing heavy oil-fired vessels.  NYK Shipping Line is planning to conduct trials of applying biofuels in Logistics in 2024. This initiative goes beyond previous [...]
  • admin
  • January 4, 2024
ONE INTRODUCES JAPAN TAIWAN CAT LAI (JTC) SERVICE
Market News

ONE INTRODUCES JAPAN TAIWAN CAT LAI (JTC) SERVICE

Ocean Network Express (ONE) has introduced its latest service, the Japan Taiwan Cat Lai (JTC) service.  This new offering aims to enhance customer connectivity through direct services, ensuring swift transit times, notably completing the journey from Tokyo to Taipei/Taichung in just four days.      Scheduled to kickstart this new weekly service, the boxship Interasia [...]
  • admin
  • January 3, 2024
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