LONDON : IMO hosted “Maritime Single Window 2024 – A window of opportunities”, a two-day Symposium to discuss how Member States can implement MSWs before the January 2024 deadline. A window of opportunities From
OSLO : Freight rates on the Europe to Asia trades have begun to follow the wider container market down after a period of resistance. According to a market update from freight rate benchmarking firm
NEW YORK : The Port of New York and New Jersey moved almost 9.5 million TEUs (twenty-foot equivalent units) for 2022, the first time in its history the port broke the nine-million container mark
TOKYO : NYK has placed an order at Kawasaki Heavy Industries (KHI) for its fifth LPG dual-fuel very large LPG/Ammonia carrier (VLGC). The seventh vessel in NYK’s fleet of LPG-fuelled LPG carriers is also
GREECE : The dry bulk market has faced increasing headwinds in these early weeks of 2023. In its latest weekly report, shipbroker Intermodal said that “during the last weeks, the BDI has lost significant
NEW DELHI : Niti Aayog CEO Mr. Parameswaran Iyer told Republic that India has emerged as a topic of interest at World Economic Forum Davos summit and made optimistic economic predictions. Mr. Parameswaran Iyer
The two major container liners have agreed to terminate their current partnership effective January 2025 COPENHAGEN/GENEVA : Maersk and MSC have agreed to terminate the 2M alliance from January 2025. Markets have changed substantially
HAMBURG : Hapag-Lloyd signed a binding agreement under which it will acquire 35 % of J M Baxi Ports & Logistics Limited (JMBPL) from a Bain Capital Private Equity affiliate. Additionally, Hapag-Lloyd AG signed
GANDHIDHAM : With effect from 26 January, if a tanker vessel fails to commence cargo operations at the Port of Deendayal, within 4 hours from the time of ‘all fast’, it will be liable
MUMBAI : Jawaharlal Nehru Port Authority (JNPA), India’s premier container port, celebrated India’s 74th Republic Day with patriotic fervour. This year’s celebration was even more special as India is observing its 75th year of
