TAIPEI : Yang Ming Marine Transport’s management has hinted that the company will enter the league of 24,000 TEU boxship owners. Speaking at a shareholders’ meeting after releasing the Taiwanese liner operator’s 1Q 2024
YEMEN : Yemen’s Houthis, an Iran-aligned group, on Friday said they had launched a missile attack on the United States (US) aircraft carrier Eisenhower in the Red Sea in response to US and British
NEW DELHI : Travelling on Expressways will experience higher toll charges, as the National Highways Authority of India (NHAI) has decided to raise fees across the country by an average of 5 per cent,
MUMBAI : In a strategic move towards fostering sustainability and reducing its carbon footprint, Blue Dart, South Asia’s leading courier and integrated express package distribution company, unveiled an expansion of its electric vehicle (EV) fleet,
NEW DELHI : INS Shivalik, mission deployed to the South China Sea and Pacific Ocean, departed Singapore on 30 May 24 for onward passage to Yokosuka, Japan. During the ship’s OTR at Singapore, various
KARACHI : Pakistan is expected to sign a $2 billion investment deal with a European shipping firm by October this year, the Pakistani maritime affairs minister said on Thursday, amid growing global interest in
KARACHI : A new air cargo route has been launched between Pakistan and China to further enhance trade ties between the two all-weather allies, ahead of Prime Minister Shehbaz Sharif’s visit to Beijing next
Dramatic changes in shipping investors’ emphasis on newbuilding orders have unfolded in the past few years, causing divergent orderbook profiles. Some further shifts, perhaps equally striking, can be expected over the years ahead. Collective
LONDON : Drewry’s World Container Index increased 4% to $4,226 per 40ft container last week. Ocean spot market freight rates against 790 global port pairs
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Friday, marking a monthly gain, supported by increasing demand for the capesize vessel segment. The
