Global shipping companies’ short-term profitability will benefit from increased freight rates, which exceed the costs of re-routing following persistent attacks…
Shipping
The first LNG battery hybrid powered RORO vessel berthed at the Hambantota International Port (HIP) for the discharge of construction…
Global Giant Maersk Issues Warning on Prolonged Red Sea Disruptions, Supply Chain Challenges
Maersk, a key player in the global shipping industry, has issued a cautionary note, indicating that disruptions to container shipping…
Sri Lanka Shippers Council (SLSC) yesterday expressed concern over an alleged 300% increase in freight rates and warned of damaging…
Global sea freight prices began the year 2024 with significant jumps, reaching record levels not seen since the end of…
Colombo Dockyard Successfully Completes Extensive Repairs on Bulk Carrier MV. Caravos Liberty
Greek owned bow damage completed on schedule giving a quick turnaround utilising shipbuilding techniques and repair experience MV. Caravos Liberty,…
MS Seven Seas Navigator Some of the tourists who arrived via one of the cruises Aitken Spence Travels yesterday welcomed…
Yara Clean Ammonia, North Sea Container Line, and Yara International join forces to realise the world’s first container ship that…
SLPA Chairman Keith Bernard in discussion with US Embassy’s DFC delegation, local experts and industrial leaders at the meeting. DFC…
Korean Naval Vessel “Kwanggaeto the Great” Visits Colombo Port, Strengthening Bilateral Ties
The South Korean Navy ship, ROKS “Kwanggaeto the Great,” called at the Colombo Port last week. The visit marked a…