Port of Hamburg welcomes new environmentally friendly car carrier
The Höegh Aurora has a capacity of up to 9,100 cars and can carry electric vehicles on all 14 decks. In addition, the 1500 square meters of solar panels on the top deck reduce electricity production...
View ArticleIreland, Indiana eye green shipping corridor to cut emissions
A green shipping route and a new container service are envisioned between Ireland and Indiana under a newly signed memorandum of understanding (MOU). On October 23, 2024, officials from Indiana, the...
View ArticleShipping is Entering the Fifth Industrial Revolution, Says ABS Chief
Artificial intelligence (AI) is set to revolutionize shipping by enhancing safety and efficiency, Christopher J. Wiernicki, ABS Chairman and CEO, said, while also noting the growing importance of the...
View ArticleHapag-Lloyd Joins Maersk with Major Earnings Upgrade as Red Sea Chaos...
Hapag-Lloyd has followed in the footsteps of its future Gemini Cooperation partner Maersk with an upward revision of its earnings outlook for 2024, driven by stronger-than-expected demand and improved...
View ArticlePerformance Shipping fixes leaseback deal for second LR2 newbuild
Greece’s Performance Shipping has agreed to a new sale and leaseback deal for one of its new builds. The Nasdaq-listed tanker owner and operator of seven aframaxes on the water is selling its LNG-ready...
View ArticleFrench chocolate maker charts course for 200-TEU sailing cargo ship,...
Grain de Sail, a French company renowned for its commitment to sustainable shipping and organic food production, has unveiled plans for its third modern sailing cargo ship—the Grain de Sail III—set to...
View ArticleForeign shipping companies reach $102 million settlement with DOJ over...
Singapore-based companies Grace Ocean Private Limited and Synergy Marine Private Limited, the owner and operator of the M/V DALI, have agreed to a $101,980,000 settlement with the U.S. government to...
View ArticleKolkata Port suspends shipping and port ops, secures vessels
In the wake of Cyclone ‘Dana’, Syama Prasad Mookerjee Port, Kolkata took several preventive measures including securing the vessels and barges. Shantanu Thakur, Union Minister of State, Ports, Shipping...
View ArticleDedicated Freight Corridors can add Rs 16,000 crore to India’s GDP: Study
In a recent study conducted by the University of New South Wales (UNSW) in Australia, India’s Dedicated Freight Corridors (DFCs) are projected to boost the country’s GDP by Rs 16,000 crore. The...
View ArticleHapag-Lloyd revises earnings forecast on Red Sea disruptions
Container carrier Hapag-Lloyd is the latest ocean transportation provider to report a robust financial boost from disruptions on key shipping routes. The Hamburg, Germany-based liner operator on Friday...
View ArticlePutin to examine Black Sea shipping proposals from Turkey’s Erdogan
Russian President Vladimir Putin said his Turkish counterpart, Tayyip Erdogan, had proposed reviving contacts on Black Sea shipping but that he had not yet had time to study the documents. Turkey and...
View ArticleWorld’s first five-in-one foldable shipping container unveiled
Florida-based Compact Container Systems (CCS) has launched the SeaFold HC 40’ container, the world’s first five-in-one, foldable shipping container to improve operating inefficiencies, reduce...
View ArticleWaterline Shipping becomes key player at Vizhinjam Seaport
A local shipping agency is thriving as larger vessels have started calling on at the Vizhinjam International Seaport. City-based Waterline Shipping and Logistics Private Limited has become a key player...
View ArticleDeepsea shipping lines start with connecting Far East and Oceania to the...
The Far East and Oceania are the last two intercontinental shipping areas for which the deepsea shipping lines/ship agents are switching to the Secure Chain. The connection of companies with import...
View ArticleReport says Russia aided Houthi attacks on Red Sea shipping
Russia aided Houthi rebels in Yemen targeting shipping through the Red Sea, according to a report by the Wall Street Journal. The data used to target ships with missiles and drones came earlier this...
View ArticleUS East Coast, Gulf Coast port workers union to resume contract talks in...
The union representing 45,000 East Coast and Gulf Coast dockworkers and a group representing employers will resume negotiations next month toward reaching a new six-year contract ahead of a Jan. 15...
View ArticleBangladesh: All maritime ports asked to hoist signal-3
The Bangladesh Meteorological Department has instructed all maritime ports in the country to hoist Cautionary Signal No. 3. The advisory was issued on Friday as Severe Cyclonic Storm Dana crossed...
View ArticleDockworkers to strike in Montreal as uncertainty also hangs over Vancouver
Canada’s ports continue to struggle with labor disputes impacting both coasts and the potential to create disruptions and delays. Both disputes have been prolonged mirroring similar disputes that have...
View ArticleDHL Express to open new cargo terminal in Tallinn Airport by 2025 end
DHL Express laid the cornerstone of its new Estonia air freight terminal in the Airport City business park at Tallinn Airport on Thursday (October 24). The 7260 m2 complex on the southern site of the...
View ArticleGujarat High Court permits MV SW South Wind I to sail after being stranded...
MV SW South Wind I (IMO 9478626), embroiled in a legal mess for nearly three months, has been permitted to sail by the Gujarat High Court. The difficulties for MV SW South Wind I (IMO 9478626) started...
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