Asia Pacific strengthens role in global trade amid rising tariff pressures: DHL Global Connectedness Tracker, 2025 Special Update
SINGAPORE: Asia Pacific is playing an increasingly central role in driving global trade resilience, even as international flows face mounting challenges due to policy shocks. DHL and New York University’s Stern School of Business
35% of ships subject to additional fees due to tariffs: BIMCO
LONDON: In last week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at the possible effect of fees from the Office of the United States Trade Representative (USTR) targeting
Sonowal : Govt to strengthen national fleet with SCI capital infusion and new tanker tenders
NEW DELHI : Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal announced that, the Government of India will infuse fresh capital into the Shipping Corporation of India (SCI) through the newly established
Adani Krishnapatnam Port achieves Dual Milestones in September 2025
NELLORE: Adani Krishnapatnam Port Ltd. (AKPL) has achieved a double milestone in September 2025, reinforcing its status as one of India’s most efficient multipurpose ports. The port recorded a discharge of 61,500 MT of
Oil PSU JVs to build 112 vessels, save $350 billion forex by 2047 : Sarbananda Sonowal
VISAKHAPATNAM : The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal outlined how the milestone aligns with the government’s larger strategy for maritime expansion and energy resilience. SCI’s ongoing collaborations with Oil and
Tanker freight rates for Russian crude to India climb on higher seaborne exports, sources say
LONDON: Tanker freight rates for shipping Urals crude from Russia’s western ports to India rose further in late September and early October, tracking a sharp increase in loadings last month, industry sources said. Indian
Adani Hazira Liquid Terminal sets a new record
HAZIRA : Adani Ports and Sez(APSEZ) of Hazira Liquid Terminal sets a new record by handling In just one day, 734 tankers and moved an incredible 21,645 metric tonnes of cargo — the highest single-day throughput ever.
USD 48 billion at risk of being written off as gas tanker orders soar by 300% in five years, new research shows
LONDON/HAMBURG: USD 48 billion invested in LNG carriers could be written off by 2035 as they will be in oversupply in a 1.5°C climate scenario with declining fossil energy use, according to new research