Maersk operations to, from and in Israel are functioning as normal
Danish shipping company Maersk says its Israeli operations have not been disprupted. “At this time, all Maersk operations to, from and within Israel are functioning as normal without disruption,” the...
View ArticleRussian missiles hit port infrastructure in Odesa region, Ukraine says
Russian missiles hit the port of Pivdennyi in Ukraine’s southern Odesa region on Friday, damaging Ukrainian and Singaporean facilities at the site, President Volodymyr Zelenskiy said. “… they hit the...
View ArticlePIL enhances presence in East Coast South America
Known as East Coast Service 1 (ES1) and East Coast Service 2 (ES2), they are an enhancement of PIL’s existing Sino South America Service (SSA) and South America Service 2 (SA2). ES1 will commence on 10...
View ArticleMawani: A new shipping service by “OOCL” added to Jubail commercial port
With a capacity of up to 3,500 TEUs, the Saudi Ports Authority “Mawani” has announced the addition of a new maritime shipping service by Orient Overseas Container Line (OOCL) to Jubail Commercial Port....
View ArticleJNPA takes strides towards green future, announces ZET initiative
The Jawaharlal Nehru Port Authority (JNPA), a leading container handling Port in India, marked a significant milestone today in its journey towards sustainability with the announcement of its Zero...
View ArticleFincantieri delivers Cunard Line’s first new cruise ship in 14 years
Cunard Line took delivery today, April 19, from Fincantieri on its first new cruise ship built for the storied brand in 14 years. The new Queen Anne (114,000 gross tons) also marks the next to last of...
View ArticleMOL introduces J-CARPS to bolster car carriers’ operational efficiency
Japanese shipping company Mitsui O.S.K. Lines (MOL) has started operating the J-CARPS system, jointly developed with the Japan Cargo Tally Corporation. This system is designed to streamline and enhance...
View ArticleShipping industry on track to cut emissions: IMO chief
The head of the International Maritime Organisation (IMO) is “very confident” that the shipping industry is on track to finalise by next year how it will reach goals to reduce greenhouse emissions....
View ArticleCMA CGM in talks with Balguerie over the sale of part of Bolloré Logistics
The CMA CGM Group has initiated the sale of 100% of Bolloré Logistics’ activities in Guadeloupe, Martinique, Saint-Martin, French Guiana, and Polynesia, with Balguerie Group making an offer. This...
View ArticleJSA advises Lineage Logistics on acquisition of Turvo
Lineage Logistics, LLC, has acquired Turvo Inc., a leading provider of supply chain management, collaboration, and visibility software, including its India subsidiary for approximately ₹1,731.8 crores...
View ArticleDNV Awards Certificates for Fortescue’s Dual-fueled Ammonia-powered Vessel
Classification society DNV presented Australian green technology, energy and metals company Fortescue with class and statutory certificates for its dual-fueled ammonia-powered vessel Green Pioneer....
View ArticleNGEL ties up with Syama Prasad Mookerjee Port for Green Hydrogen Hub
An MoU was signed on Monday between NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of integrated power producer NTPC Limited, and Syama Prasad Mookerjee Port, an autonomous body under the...
View ArticleOffshore wind farm project at VOC to cost Rs 450cr, to produce 500MW in phase-1
With the Union Shipping Ministry planning to develop an offshore wind terminal at VOC Port in Thoothukudi, the estimated project cost has been pegged at `450 crore, according to official sources....
View ArticleMajor ports cargo volume grew 4.45 percent in FY24 to 819.227 million tonnes
The 12 major ports owned by the Union government handled 819.227 million tonnes (mt) of cargo in FY24, some 4.45 percent more than the 784.305 mt handled during the previous year on the back of strong...
View ArticleGMS: Recycling markets start to perk up
In fact, steel plate prices in Bangladesh & Pakistan remained flatlined at respectively firm levels – the effects of which has only helped these markets grab their share of high-priced fixtures...
View ArticleDG Shipping’s 2022 order for Certification of Accommodation barges...
The Bombay High Court held that the order passed by the Director General of Shipping in 2022 for the certification of accommodation barges is inapplicable to vessels which are not Indian Ships...
View ArticleAs tensions mount in Red Sea, freight charges, insurance premiums may surge...
Freight charges and insurance premia for shipping vessels plying on global routes are expected to firm up with heightened tensions between Iran and Israel. The threat is seen high for ships bound for...
View ArticleSmall exporters seek continuation of amnesty scheme till Sep: Industry body
Several small exporters have requested the government to continue the amnesty scheme for one-time settlement of default in export obligation till September, an industry body said on Monday....
View ArticleIndoSpace starts work on $700-800 million InvIT, to list next year
Everstone-backed IndoSpace, which develops and manages industrial and logistics parks in India, has started work on floating an infrastructure investment trust (InvIT) and raise around $700-800...
View ArticleRhenus PartnerShip welcomes expansion in Belgium
Rhenus PartnerShip has announced the expansion of its services to Antwerp as part of its internationalisation strategy, and it will eventually operate independently in the Belgian market. To facilitate...
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