Container values have risen significantly across almost all sectors and age categories since the start of the year. Following an extended period of declines, where values fell steadily for this sector after reaching a
RIYADH : 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. This move is set to enhance the
SINGAPORE : The DNV and Menon Economics Leading Maritime Cities report saw only one change in the top five with Oslo replacing Tokyo in fifth position. The findings of the report were presented at
ABU DHABI : AD Ports Group, the leading facilitator of global trade, logistics, and industry, has announced that its Ports Cluster is expanding its business remit to the global distribution of marine lubricants. The
WARRINGTON : At a time when rapid advancements in maritime connectivity and shipboard technology are leaving vessel networks increasingly vulnerable to attack, the International Association of Classification Societies’ (IACS) unified requirements (URs) E26 and
KOBE : Imoto Lines and Marindows, as a first step in transforming the future of domestic maritime shipping, will build the next generation of zero-emission domestic container ships capable of hybrid operation using Japan’s
LONDON : IMO’s Facilitation Committee has taken steps to further advance the digitalization of the shipping sector, while addressing cyber-security threats and the regulation of new technology such as autonomous ships. The Facilitation Committee
NEW DELHI : The Indian government has put the country’s Navy on high alert to respond quickly to calls of distress from ships, both Indian and foreign flag carriers, moving through the strife-torn Persian
NEW DELHI : The government is working on easing the ‘related party transaction’ clause under the Goods and Services Tax (GST) , for foreign companies in India. This is likely to happen within 100
NEW DELHI : Container Corporation of India (CONCOR) and PSA have signed an MoU on 18th April 2024, to explore collaboration in offering seamless and cost-effective end-to-end logistics service to customers. CONCOR is a