GENEVA : The latest shipbuilding cooperation between MSC and Zhoushan Changhong follows previous contracts for ten 11,400 TEU and ten 10,300 TEU LNG-powered containerships. What is more, the Chinese shipyard has officially entered the ultra-large dual-fuel containership construction
SINGAPORE : PSA International (PSA), through its subsidiary PSA Baltics N.V., has signed an agreement to acquire an 85 per cent majority stake in Loconi International S.A. (Loconi), one of Poland’s leading intermodal operators,
MUMBAI : Great Eastern Shipping Company delivered its 2004 built Medium Range Product Tanker Jag Pranam to the buyers. The vessel was contracted for sale in May 2024. Excluding Jag Pranam, the company’s current
RIYADH : The Saudi Ports Authority (Mawani) announced on Sunday the addition of the “Milaha Gulf Express 2″ (MGX-2), affiliated with the Qatari Navigation Company (Milaha), as a new shipping service to the King
RIO DE JANEIRO : A leader in port and maritime logistics in Brazil, Wilson Sons signed a contract with Vale (a leading producer of iron ore, pellets and nickel, operating on all five continents)
NEW DELHI : The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, approved the Clean Plant Programme (CPP) proposed by the Ministry of Agriculture and Farmers Welfare. With a substantial investment of
NEW DELHI : In a thorough update presented in the Rajya Sabha, Union Minister for Road Transport and Highways, Shri Nitin Gadkari, detailed the extensive initiatives undertaken by his Ministry regarding the development and
NEW DELHI : Union minister of Commerce and Industry Shri Piyush Goyal announced restoration of GJEPC, which allows import duty exemption on cut and polished diamonds up to a specified limit. GJEPC has been recommending
NEW DELHI : Bangladesh garment and knitted fabric sector was facing a “bit of uncertainty” but expressed hope that the country’s interim government would resolve the situation soon and protect India’s investments in the
COPENHAGEN : Shippers should anticipate continued volatility in container shipping freight markets through 2025, with even the re-start of operations through the Suez Canal not guaranteeing immediate respite from disruptions and soaring freight rates,
