Shipping risks via Red Sea remain elevated despite Israel-Hamas ceasefire
LONDON : Most shipping companies and charterers will continue to route their tankers and cargoes via the longer Cape of Good Hope for the time being, despite the ceasefire agreement between Israel and Hamas,
SMP Kolkata reports decline in cargo volume
KOLKATA : SMP Kolkata recorded a sharp decline in cargo volume in the first nine month of FY25, led by dwindling coal movement at Haldia and Calcutta. Compared with a 2.68 per cent growth
Oil Tankers back up near Yemeni Port after Israel hits tugs
YEMEN : An unusually large flotilla of merchant vessels has backed up near Yemen’s Ras Isa Port in the Red Sea after Israeli air raids damaged the tugboats needed to bring them to shore. Several tugs were heavily
Damietta Container & Cargo Handling Company achieves record handling in 2024
EGYPT : Damietta Container & Cargo Handling Company has marked a significant milestone in its operations, reporting the handling of 1.7 million TEUs in 2024, showcasing its alignment with Egypt’s Vision 2030 for transforming
Indian Ports sector rebounds with 5.3% YoY growth in Dec 2024
NEW DELHI : The Indian Ports sector witnessed a 5.3 per cent year-on-year growth in December 2024, marking a recovery after a two-month decline of 1.8 per cent year-on-year during October and November. This
Strategic Marine celebrates Signing and Delivery of First Surface Effect Ship (SES) to AES
SINGAPORE : Strategic Marine is proud to announce the signing and delivery of its first Surface Effect Ship (SES) to All Energies Services (AES), a groundbreaking moment in the company’s advancement within the offshore
DPA Kandla achieves 10.05% growth in cargo handling from April-Dec 2024
GANDHIDHAM : Deendayal Port Authority, Kandla Picking up Momentum by achieving an impressive 10.05% growth in cargo handling from April-Dec 2024(YoY), Deendayay Port stands tall as the Best Performer among all Major Ports. Setting
Adani Ports Q3 update: Nearly 70% of FY25 cargo volume guidance achieved in first nine months
AHMEDABAD : Adani Ports and Special Economic Zone Ltd. (APSEZ) on Friday, January 3, reported its cargo volume updates for the month of December. Overall cargo volumes handled stood at 38.4 million metric tonnes (MMT)