COPENHAGEN : Shipping giants Maersk and Hapag-Lloyd have announced their decision to utilize the Cape of Good Hope network for the launch of their “Gemini Cooperation” on February 1, 2025, underscoring the persistent threat
JORDAN : The Aqaba Development Corporation (ADC) signed an agreement with APM Terminals, one of the world’s largest port operators, to develop and manage the Aqaba Container Terminal. The agreement involves a direct investment
DUBAI/JEDDAH : National Petrochemical Industrial Co. (NATPET), a leading Saudi Arabian polypropylene resin producer, has significantly improved its supply chain efficiency through a strategic partnership with A.P. Moller – Maersk (Maersk). The collaboration has
LONDON : BIMCO’s Documentary Committee has adopted the AUTOSHIPMAN agreement in response to a growing number of remotely controlled ships. The AUTOSHIPMAN agreement provides a standard contractual foundation for third-party ship managers to deliver
LONDON : The Baltic Exchange’s main sea freight index continued its decline for the eighth consecutive session on Wednesday, reaching its lowest point in over a month due to reduced demand for capesize vessels.
WASINGTON D.C. : The Federal Maritime Commission (FMC) takes seriously and investigates thoroughly allegations of common carrier or marine terminal operator (MTO) retaliation against shippers or their agents, ocean transportation intermediaries, and motor carriers.
MUMBAI : The 12th Meeting of the India-UAE High Level Joint Task Force on Investments (HLJTFI) took place in here . It was co-Chaired by Shri Piyush Goyal, Minister of Commerce & Industry, Government
VISAKHAPATNAM: Indian Register of Shipping (IRS) held a commemorative event of its Golden Jubilee celebrations at Visakhapatnam, on 3rd October 2024. The event was attended by a distinguished group of senior maritime professionals and stakeholders
GANDHINAGAR : In the last two months, ship leasing services in GIFT City have picked up steam with the number of ships leased from this enclave in Gujarat having doubled during the July-August 2024
KOLKATA : GRSE delivers second Survey Vessel Large to Indian Navy, 10 months after the first Kolkata (October 8, 2024): In yet another remarkable display of commitment towards keeping Indian maritime security forces supplied
