NEW DELHI : Sustained US tariffs in the absence of a trade deal could cause permanent damage to India’s market share, resulting in job losses, as there is no further shock-absorption capacity left, Indian
SINGAPORE : OOCL has announced its 2026 product line-up under the OCEAN Alliance Day 10 services, reinforcing its commitment to service reliability, sustainability, and stability in global trade. The new network, effective from April
MARSEILLE : The CMA CGM Group announces the arrival in its fleet of its 400th owned vessel, the CMA CGM MONTE CRISTO, the first in a series of six methanol container ships. This key
DHAKA : Bangladesh Textile Mills Association (BTMA) has declared that it will shut all textile mills in the country. The announcement was made at a press briefing at the BTMA office in the capital’s
ANTWERP : DP World ran a fully electric, self-driving vehicle at its Antwerp Gateway Terminal, transporting empty containers and collecting real-time data to inform future autonomous operations. The fully electric autonomous vehicle transported empty
The abandonment of seafarers hit record highs in 2025, prompting demands for governments to blacklist the worst-offending shipowners and their vessels. The sixth successive increase in ship abandonments affected 410 vessels and 6,223 seafarers,
OSLO: At an extraordinary general meeting of Kongsberg Gruppen on Thursday afternoon, the separation of Kongsberg Maritime was formally approved by the shareholders. The plan is to list the world-leading maritime company on the
LONDON: Drewry’s World Container Index decreased 10% to $2,212 per 40ft container this week. Drewry’s detailed assessment for Thursday, 22 Jan 2026 Ocean spot market freight rates against 6,700 global port pairs If you
NEW DELHI/DUBAI : India signed a $3 billion deal on Monday to buy liquefied natural gas from the United Arab Emirates, making it the UAE’s top customer, as the leaders of both countries held
GANDHINAGAR : Chief Minister Shri Bhupendra Patel expressed Gujarat’s willingness to draw upon Australia’s experience and expertise in the long-term, sustainable utilisation of infrastructure, housing, and other sports facilities for the Olympic Games. He
