Container ship deliveries hit new YTD record of 1m TEU : BIMCO
LONDON : “In 2023, 2.3 million TEU of container ship capacity was delivered, beating the former all-time high by 37%. Year-to-date another record has been set as more
ClassNK releases report ‘ClassNK Alternative Fuels Insight‘
TOKYO : ClassNK has released the report ‘ClassNK Alternative Fuels Insight,’ which summarizes the characteristics and latest trends of alternative fuels to support our customers’ future fuel selection.
Vadhavan Port: Japan International Cooperation Agency expresses interest in funding Rs 76,000 Crore
MUMBAI : The Japan International Cooperation Agency (JICA) has initiated discussions with the Jawaharlal Nehru Port Authority (JNPA) regarding financing for the ambitious mega port project proposed at
Rail freight grows at 1.4% in April ; coal cargo rises by 6.3%
NEW DELHI : Indian Railways in April rang up a tepid 1.45 per cent growth rate in its freight volumes, transporting 128.29 million tonnes of goods, according to
Mumbai to Russia in 18 days, Small Indian Shipping Lines streamline routes via Suez Canal
MOSCOW : Small Indian shipping companies offer shortened delivery times for cargo through the Suez Canal – shipments from Mumbai to Novorossiysk can take about 18 days instead of
New 6-lane highway promises convenience for freight transport between Bengaluru to Mumbai and commut
NEW DELHI : The Ministry of Road Transportation and Highways (MoRTH) has been taking several steps aimed at enhancing connectivity and slashing travel time across India. Another much-anticipated
Hapag-Lloyd and Maersk navigate shipping struggles amid Red Sea hazards
HAMBURG : German container shipping company Hapag-Lloyd reiterated its cautious approach to maritime routes, announcing on Monday that it continues to steer clear of the Red Sea and
Maersk sees Red Sea conflict absorbing up to 20% ship capacity
COPENHAGEN : A.P. Moller-Maersk A/S expects that the shipping industry this quarter will spend 15% to 20% of its Asia-to-Europe vessel capacity on sailing south of Africa to
SeaLead appoints Ashok Pillay as Managing Director for North and Southeast Asia
SINGAPORE : SeaLead, a fast-growing global shipping line, announced the appointment of Ashok Pillay as the new Managing Director for North and Southeast Asia. This strategic move encompasses
Milaha reports QR 365 million in net profit for Q1 2024
QATAR : Qatar Navigation Q.P.S.C. (Milaha), has announced recently its financial results for the three months ended March 31, 2024. Key Financial Highlights: Milaha Maritime & Logistics’ net profit decreased by