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Israeli container ships are avoiding the Red Sea region as the conflict in Gaza and the heightened regional tension have increased the risks for all ships transiting the Suez Canal. Even so, the
12/07
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Maersk will invest more than US$500 million in expanding its supply chain infrastructure to support Southeast Asia's emergence as a global production hub and a consumption powerhouse. Maersk&
12/05
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Norway-based ocean and air freight rate platform suggests that next year could be "even more brutal than expected" for ocean carriers in the freight market. The Xeneta Shipping Index (X
12/04
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Lhyfe, a global player in the production of renewable green hydrogen for transportation and industrial applications, has won Nantes Saint-Nazaire Port's call for proposals (AMI) launched at the en
12/01
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Diving freight rates have inevitably led to plummeting carrier Q3 returns and the outlook for the full year is bleak while next year’s expectations have sunk well below the waterline. Volat
11/29
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Wan Hai Lines has embarked on new container orders, after a hiatus of about a year. The Taiwanese intra-Asia carrier announced on 23 November that it has ordered 20,350 containers from Dong Fang
11/28
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The KOBC Container Composite Index (KCCI) closed at 1,255 points on 20 November, according to Korea Ocean Business Corp. (KOBC). The index fell 0.55% from the previous week and has stayed on the
11/27
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Hongkong International Terminals (HIT) has refuted market rumours that the entire site of terminal 9 at Kwai Tsing Container Terminal has been decommissioned. HIT, a joint venture between Hutchis
11/24
