SINGAPORE : Port operator PSA broke ground on a new $647.5 million Tuas warehousing facility equipped with advanced robotics and automation systems on Oct 18, as part of its efforts to sharpen Tuas Port’s
AMSTERDAM : The two men leading Hapag-Lloyd and Maersk into the new Gemini Cooperation joined together on stage at the Xeneta Summit in Amsterdam to reinforce their confidence in the new alliance achieving its
LOS ANGELES : Record imports over the last several months at West Coast ports, driven by the recent US East Coast and Gulf Coast strike diversions and ongoing Red Sea issues, are leading to
DUBAI : Yemen’s Houthi Group announced in a statement that they used bomb-laden drones to attack a ship in the Arabian Sea. “In support of the Palestinian and Lebanese resistances, our forces carried out
HONG KONG : Restructured from Hong Kong Maritime and Port Board, Hong Kong newly establishes Hong Kong Maritime and Port Development Board to strengthen Hong Kong’s position as an international shipping hub. “The Hong
SEOUL : The Global Centre for Maritime Decarbonisation (GCMD) and Hanwha Ocean today announced a five-year strategic partnership to advance maritime decarbonisation in the areas of alternative low-/zero carbon fuels, energy efficiency technologies, and
LONDON : The Baltic Exchange’s main sea freight index dipped on Friday, marking its worst week in five months as demand for all vessel segments declined. The index, which factors in rates for capesize,
LONDON : Drewry’s World Container Index decreased 4% to $3,216 per 40ft container last week.
NEW DELHI : The Union Cabinet has approved the Coastal Shipping Bill, 2024, which will remove the requirement for Indian-flagged vessels to acquire a general trading licence to operate on coastal waters once it
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush Goyal during his keynote address at the 13th Society for Human Resource Management (SHRM) India Annual Conference & Expo 2024 here, said that
