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 University of Tokyo and 16 Organisations announce launch of Joint Research Initiative to achieve
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
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
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
Wisestella’s AI-Powered Behavioural Competency Tool helps Tanker Company secure landmark Chart
SINGAPORE : Wisestella, a leading provider of AI-powered maritime learning solutions to the tanker fleet, has announced that its technology has played a pivotal role in helping a
SHIPPING: China cargo bookings expected to plunge as US trade war intensifies
HONG KONG : Container throughput from China’s main ports fell by 6.1% over the past week and cargo bookings over the next three weeks are projected to be
Caribe Tankers to trial Inmarsat NexusWave for connected certainty and enhanced crew welfare
LONDON : Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat’s fully managed bonded connectivity service, NexusWave, on board the chemical tankers Caribe
Russian captain involved in US tanker crash appears in UK court
LONDON : The captain of a container ship that crashed into a U.S. tanker in the last week off Britain’s east coast appeared in an English court on
UK tanker crash aftermath ‘reasonably contained’: British PM
LONDON : The aftermath of a tanker crash off the English coast earlier this week is “reasonably contained”, British Prime Minister Keir Starmer has said as fears of
Asia-US container rates fall on rising capacity; liquid tanker rates mixed
LONDON : Shipping container rates from Asia to both US coasts fell again this week as capacity has grown and as volumes have fallen after frontloading to beat
