VAASA: In July 2022, technology group Wärtsilä announced a plan to ramp down manufacturing in Trieste and to centralise its 4-stroke engine manufacturing in Europe to Vaasa, Finland. The production activities in Trieste have
NEW DELHI : Hezbollah on Saturday said it launched dozens of rockets at Israel as tensions in the Middle East soared with Iran and its allies reading their response to the killing of Hamas’s political
DUBAI : A missile attack by Yemen’s Houthi rebels struck a Liberian-flagged container ship traveling through the Gulf of Aden, authorities said Sunday, the first assault by the group since Israeli airstrikes targeted them. The Houthis
MARSEILLE : CMA CGM has announced plans to expand its coverage in the Democratic Republic of Congo by adding to the present feeder system. The company’s new product, intermodal Kinshasa, will interact with the
TAIPEI : Wan Hai Lines held a ship naming ceremony for WAN HAI 375 and WAN HAI 377, along with a charity donation event, on 1 August at the Japan Marine United Corporation TSU
TOKYO : Mitsui O.S.K. Lines, Ltd. has been awarded an approval in principle (AiP) by Nippon Kaiji Kyokai (ClassNK) for the design of a membrane LNG Carrier installing Wind Challenger. This innovative design has
TOKYO : Nippon Yusen Kabushiki Kaisha (NYK) participated in International & Indonesia CCS Forum 2024 from July 31 to August 1, an event to promote international discussion and cooperation on carbon dioxide (CO2) capture
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a 10-session losing streak on last Friday, supported by gains in capesize rates. The
LONDON : Drewry’s World Container Index decreased 1% to $5,736 per 40ft container last week. Detailed assessment for Thursday, 01 August 2024
NEW DELHI : The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has approved the development of 8 important National High Speed Corridor projects with a Length of 936