US Port fees on foreign ships to shake up trade flows, freight markets
NEW YORK : The US Trade Representative (USTR) has announced additional port fees on foreign vessels and marine equipment that mainly target Chinese shipping, which are set to alter trade flows and freight market
INTERCARGO meetings held in China with focus on safety and decarbonisation
GUANGZHOU : INTERCARGO, the International Association of Dry Cargo Shipowners, convened last week in Guangzhou for its semi-annual meetings, the first time the Association has held such an event in China. The meetings, hosted
Indian Govt. plans to spend $10 billion on homebuilt oil tanker fleet
NEW DELHI : Indian Government is planning to spend 850 billion rupees ($10 billion) to purchase 112 crude carriers through 2040, people familiar with the matter said, as the world’s third-biggest importer of oil
The University of Tokyo and 16 Organisations announce launch of Joint Research Initiative to achieve a Carbon-Neutral Society
TOKYO : ClassNK and 16 organisations—The University of Tokyo, IHI Plant Services Corporation, INPEX CORPORATION, ENEOS Xplora Inc., Kanadevia Corporation, Kawasaki Heavy Industries, Ltd., Kobe Steel, Ltd., JFE Engineering Corporation, JFE Steel Corporation, JERA
SHIPPING: Asia-US container rates flat to higher as capacity reduction offers support
LONDON : Rates for shipping containers were stable to higher this week as carriers have reduced capacity by 4-5% along the trade route amid efforts to stop the slide in prices, but capacity could
Breakbulk cargo finds a place on container ships
GOTHENBURG : Even though container ships are primarily designed to transport standard containers, they can also accommodate breakbulk cargo, items that exceed the limitations of container dimensions. This capability is especially evident on the
DPA marks a historic milestone with berthing of Cape Vessel M.V. Golden Barnet at cargo jetty no. 6
GANDHIDHAM ; Deendayal Port Authority, Kandla, has achieved another remarkable milestone by successfully berthing of the Cape vessel M.V. Golden Barnet at Cargo Jetty No. 6 on the night of 26th April 2025. The
Shipping data: UNCTAD releases new seaborne trade statistics
GENEVA : Maritime transport moves over 80% of goods traded worldwide. Country-level seaborne trade data is vital for shaping better transport, trade and investment policies. UN Trade and Development (UNCTAD) on 15 April released