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GSBN completes PoC using confidential computing to transform global trade finance

Global Shipping Business Network (GSBN) completes a ground-breaking proof-of-concept (PoC) with the British multinational universal bank and financial services holding company HSBC to harness confidential...

Upcoming renegotiations of Asia-Europe contract rates to signal freight rates trends, said HSBC

British multinational banking and financial services organisation, HSBC brings forward its trough scenario for container shipping. HSBC lowered its demand estimations for 2023 and...

Syngenta and HSBC complete paperless trade finance transaction via TradeLens

The British multinational investment bank and financial services holding company HSBC and a provider of agricultural science and technology Syngenta have successfully completed the...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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