COPENHAGEN : A.P. Moller – Maersk (Maersk) is about to launch the first of its 18 large methanol-enabled vessels currently on order. On 9 February 2024, it will enter service on the AE7 String
OMAN : An Indian cargo ship caught fire in the sea near Oman, officials said on Wednesday. The ship, Ali Madad of Salaya, belonged to Siddiq Sanghar, a resident of the Devbhumi Dwarka district
DELHI : AllTrak, a healthcare Technology and logistics platform has raised INR 4.2Cr in a pre-series Around led by Inflection Point Ventures. The funds will be allocated towards team expansion, technology enhancement, and logistics
MARSEILLE : CMA CGM has announced new Freight All Kinds (FAK) rates from Asia to North Europe, the Mediterranean and North Africa. The French carrier says its Asia to North Europe/west Mediterranean FAK (freight
SHANGHAI : Chinese shipping giant COSCO SHIPPING and British multinational oil and gas company bp signed a Memorandum of Understanding (MoU) for strategic cooperation in Shanghai on Tuesday, 5 December. To further capitalise on
LONDON : Liner operators continue to struggle with a worsening supply/demand balance, affecting freight rates. On average, the fleet has grown 5% and 19% compared with 2022 and 2019 respectively. On the other hand,
VENICE : At the kind invitation of the Government of Italy, the World Customs Organization’s (WCO) Policy Commission held its 89th Session in Venice, from 5 to 7 December 2023, under the Chairmanship of Edward
NEW DELHI : To promote “Make in India“ policy and to support shipbuilding industry in India, Ministry has brought in Shipbuilding Financial Assistance Policy (SBFAP) scheme for Indian shipyards to procure orders from domestic
GANDHINAGAR : As many as 16 countries and 14 organisations have so far confirmed to be partners for the upcoming 10th edition of Vibrant Gujarat Global Summit 2024 next month, officials said Wednesday. The
AHMEDABAD : Adani Ports and Special Economic Zone on Wednesday said its board will meet on December 12 to consider a proposal to raise funds through the issue of non-convertible debentures or issue or
