IBF to establish a High-Risk Area in the Red Sea
Following the incidents in the Red Sea and the Bab El-Mandeb strait since 19th November 2023, the International Bargaining Forum (IBF) have agreed to designate the southern section of
Hapag-Lloyd increases rates from Indian Subcontinent and Middle East to North America
HAMBURG : German box carrier Hapag-Lloyd will apply a new General Rate Increase (GRI) or General Rate Adjustment (GRA) for cargo shipments from India to the United States
Suez,a crisis-waiting to happen, forces shippers to be ready any moment
Houthi attacks on civilian vessels, strategies to reroute ships, and the need for a 40-nation strong military alliance to guard 15% of the world’s maritime traffic sounds like
Many carriers still sending ships via Suez
Over 80 container ships still transiting the Red Sea and Suez Canal ,Vessel tracking shows that even after the raised threat from the Houthi Movement, which has warned
Wilhelmsen and MPC Capital acquire Hamburg-based ship manager Zeaborn
SINGAPORE/HAMBURG: Wilhelmsen Ship Management (“Wilhelmsen”), a provider of third-party ship management services headquartered in Singapore, and Hamburg-based asset manager MPC Capital have agreed to acquire 100 % of
ClassNK issues approval in principle (AiP) for MOL’s FSRU
TOKYO : ClassNK has issued an Approval in Principle (AiP) for an Ammonia FSRU (Ammonia Floating Storage and Regasification Unit) jointly developed by Mitsui O.S.K. Lines, Ltd. (MOL)
MOL names second LNG carrier for charter with GAIL
TOKYO : Japanese shipping company Mitsui O.S.K. Lines (MOL) has revealed that a naming ceremony was held for the second liquified natural gas (LNG) carrier to serve GAIL
Year end review 2023 for Department of Commerce, Ministry of Commerce and Industry
NEW DELHI : Central Government has released Year end review 2023 for Department of Commerce, Ministry of Commerce and Industry. Foreign Trade Policy 2023 Foreign Trade Policy 2023
Unified Cargo Tracking App for seamless logistics to be launched for tracking cargo across sea, land
NEW DELHI : Indian Government will soon be able to track live movement of its cargo across all transportation modes-land, rail, sea and air-through a single app. More than 700 companies
MoRTH proposes to construct high-speed National Highway corridors and increase average speed to 85 k
NEW DELHI : Big network of high-speed highway corridors soon! (MoRTH)The Ministry of Road Transport and Highways has put forward a proposal to construct and expand approximately 41,000 km of national