K-Line installs carbon capture plant
A joint project, dubbed CC-Ocean (Carbon capture on the ocean), between major shipping players has seen the development and installation of the world’s first carbon dioxide (CO2) capture
European Union approves decarbonisation projects
The European Union (EU) has given the green light for a US$138.86 (€118) million investment from the Innovation Fund to be allocated across 32 small projects, including a
Reefer container freight rates to outgun dry cargo rates in 2022
LONDON : Reefer container freight rates have risen sharply through 2021, but in contrast to dry cargo rates, are forecast to rise further in 2022, driven by catch
UAE launches initiative to protect seafarers’ rights and welfare
DUBAI : The initiative to improve the quality of life of seafarers in the UAE follows a recent Resolution on marine wrecks and non-compliant ships passed the Council
Decarbonisation and shipping: ship recycling – a changing landscape
As the drive to decarbonise shipping gains increasing momentum, and as incentives and pressure on shipowners to operate more efficient and greener ships mounts, a related spike in
PM to chair UNSC High-Level Open Debate on “Enhancing Maritime Security: A Case For International
NEW DELHI : Prime Minister Shri Narendra Modi will chair the High-level Open Debate on ‘Enhancing Maritime Security – A Case for International Cooperation’ on today, 9th August
Addressing container shortage, high shipping freights to help exports hit USD 400 bn this fiscalR
NEW DELHI : Addressing acute shortage of containers, controlling high shipping freights and ensuring timely refund of pending dues are crucial to take the country’s overall exports to
Freight Rates continue to rocket with no end in sight to container crisis
SINGAPORE : Container freight rates continue to break records, with new data showing a further massive spike on the key Asia to Europe and Asia to US routes.
MPT offers discounts to attract new container feeder vessels
PANAJI : In a bid to ensure continuity of the container feeder vessel, Mormugao Port Trust (MPT) has decided to grant substantial discounts to any shipping firm that starts new
Deendayal Port creates new Milestone
GANDHIDHAM : Vessel MV Bell, Length 269.9m discharged 1,26,440 MT of Indonesian Coal at Cargo Jetty No. 10, being First of its kind at DPT, berthed on 01.08.2021
