SEOUL : HMM maps out a mid-to-long-term strategy to expand its business portfolio for future growth and proceed with global green initiatives. Under the sustainable growth plan, the South Korean ocean carrier will invest
THIRUVANANTHAPURAM : India’s new container transhipment hub at Vizhinjam is making rapid strides, with Mediterranean Shipping Co. (MSC) seen to be its most potential long-term liner customer. The Geneva-based carrier has already hosted a
AJMER : An attempt to derail a loaded goods train was made in Rajasthan’s Ajmer district by putting two cement blocks on tracks of the Western Dedicated Freight Corridor, railway officials said on Tuesday.
OSLO : Shipowners and operators face sharply increased costs as they gear up to comply with a slew of new decarbonisation regulations coming on stream over the next few years. The need to develop,
PortEconomics member Theo Notteboom compiled a table showing the year-on-year TEU growth in the top 15 container ports in the European Union during the first six months of the year. “While 2023 was characterized
SHANGHAI : The latest agreement brings the total number of LNG vessels on order under QatarEnergy’s fleet expansion program to 128, including 24 QC-Max mega vessels. The new vessels, which will be built at
GENEVA : A new World Trade Organisation (WTO) report has stated that global commerce has played a critical role in reducing extreme poverty from 40pc to 11pc. Global trade has created “shared prosperity” since
LONDON : In the past 12 months, the maritime AI market has seen an explosive expansion, nearly tripling in size, finds the new Thetius report, commissioned by Lloyd’s Register. New research estimates that the
NEW YORK : A potential strike by members of the International Longshoremen’s Association (ILA) threatens to shut down ports along the US East Coast at the end of this month, ILA President Harold J.
OSLO : Newcastle-upon-Tyne, UK : NorthStandard has launched ‘Fuel Insights’ – an exclusive real-time marine fuel intelligence service for members in partnership with Veritas Petroleum Services (VPS). Powered by VPS, the Fuel Insights digital
