With the delivery of the $56M Gulf Baynunah, GEM has increased its current fleet to 11.
Apart from the two vessels that are joining GEM's fleet this year, there are seven more vessels on order by GEM from HMD which are scheduled for delivery in 2009
Shipping freight rates for transporting containers from ports in Asia to Northern Europe rose by 60.4 percent to $879 per 20-foot container (TEU) in the week ended on Friday,
In response to market demand, members of the G6 Alliance today announced the below enhancement to improve the Asia – North America (East Coast) trade.
Stena RoRo has reached an agreement with the Finnish shipping company Godby Shipping to long-term charter their three RoRo vessels Misida, Misana and Miranda.