GENEVA : Container liner MSC Mediterranean Shipping Co. SA said it will continue to send its ships around Africa’s southern tip until further notice, a sign that any resumption to normal trade flows through the Red Sea is
COURBEVOIE (FRANCE) : According to the latest data released by Alphaliner, as of January 14, there were 7,211 container ships in service worldwide, with a total capacity of 31.5604 million TEUs, equivalent to about
DAVOS : “The Panama Canal was not a gift from the United States,” President Jose Raul Mulino said Wednesday, after US President Donald Trump threatened to take it back. “We reject in its entirety
KLAIPEDA : The first ever green hydrogen and electricity-powered ship in Lithuania, commissioned by the Klaipėda State Seaport Authority, has been moved from shipyard into water. Leaving no trace on the environment, it will
OMAN : Yemen’s Iran-aligned Houthis have released the crew of the Galaxy Leader more than a year after they seized the Bahamas-flagged vessel off the Yemeni Red Sea coast, Houthi-owned Al Masirah TV has reported. It
LONDON : NorthStandard has launched a new H&M and P&I product for smaller commercial vessels, typically up to 10,000 gross tonnes. The new offering will also include War, Loss of Hire and other ancillary
MUMBAI : India is expanding its port capacity more than sixfold to reach 10,000 million tonnes per annum by 2047, marking the country’s largest-ever maritime infrastructure drive as it positions itself as a global
MUMBAI : DPA Kandla, proudly presents its vision for a sustainable future at the Maritime India Conference & Expo 2025 Shri Sarbananda Sonowal, Hon’ble Minister for Ports, Shipping & Waterways visited DPA Kandla’s theme
MUMBAI : The Indian maritime sector would need an investment of $1 trillion by 2047 and ₹5 lakh crore by 2030 to harness its full potential, Shri T.K. Ramachandran, Secretary, Union Ministry of Ports,
WASHINGTON DC : Indicating the importance Washington gives to New Delhi as the new Trump administration takes office, US Secretary of State Maro Rubio and National Security Adviser Mike Walz held their first bilateral