Major lines push up Asia rates
Senior shipping companies have increased their charges in Asia, effective from the upcoming September. CMA CGM has announced a general rate restoration (GRR) from some Asian countries to Africa and … Read More
Indo-Bangla Trade : Road Movement Takes the Lead
SOURCE : MARITIME GATEWAY – Traditionally Petrapole-Benapole border route has been the preferred means for cargo movement. But high pilferage and long delays at border is an opportunity for coastal … Read More
Citigroup’s ship sank in the sea with 2,000 tons of sugar
A lighter ship of Citigroup carrying 2,000 tonnes of sugar from Chittagong to Narayanganj sank in hostile weather. However 12 sailors of the ship are unharmed. The ship sank off … Read More
Bangladesh-Vietnam shipping service begins Aug 22
A new shipping service, connecting ports of Bangladesh, China and Vietnam, is expected to begin from August 22. The voyage is likely to quicken the country’s clothing shipments, as it … Read More
Bangladesh is still far behind in production efficiency compared to Vietnam
So the inevitable has happened – Vietnam is now the number two apparel exporter in the world, nudging past Bangladesh. Bangladesh ruled the roosts as the world’s number two exporter … Read More
Covid-19 to have long-term industry impact, says Hapag-Lloyd CEO
The economic repercussions of the Covid-19 pandemic in many parts of the world will continue to dominate for some time, according to Hapag-Lloyd, as market conditions will remain subject to … Read More
No need to wait for berth at Ctg port nowadays
In what can only be considered a rare development, the number of container vessels waiting for berths at the outer anchorage of the Chattogram Port is zero at present. … Read More
CU Lines joins South Korea-Vietnam route shake up
China United Line (CU Lines), is launching a service between South Korea and South East Asia for the first time after purchasing slots on the Hai Phong Express (HPX) service … Read More
Evergreen joins vessel recycling initiative
Major Taiwan container ship operator Evergreen Marine Corporation has joined the Ship Recycling Transparency Initiative (SRTI) initiative that allows ship operators to securely share vessel recycling information. SRTI is a … Read More
HMM sees profit as Transpacific builds on peak season demand
Profits on considerably lower volumes are the trend in this pandemic blighted year. But South Korea’s serial underachievers at HMM, normally the onion in the apple pile, said its membership … Read More