MARSEILLE : Shippers are beginning to feel the financial pinch of the sudden escalation in military tensions between India and Pakistan in the form of contingency surcharges levied by mainline ocean carriers. The first
MUMBAI : Heightened tensions between India and Pakistan have begun to significantly disrupt regional trade, as major global shipping lines suspend services to Karachi Port and reroute cargo to alternative ports. Exporters and logistics
COPENHAGEN : Shipping group Maersk said on Thursday container volumes plunged 30-40% between the U.S. in China in April as a trade war erupted between the world’s top economies, and warned a protracted dispute
SINGAPORE : GCMD is proud to announce a knowledge partnership with ADB, signed during the launch of its Sustainable and Resilient Maritime Fund (SRMF) at its annual meeting in Milan. The partnership—GCMD’s first with
NEW DELHI : India’s ban on Pakistan-origin cargo passing through its ports from May 2 is expected to create delays in consignments reaching Pakistan, as shipping lines will be forced to come up with
KLAIPEDA : The Port of Klaipėda is opening a modern fleet base that will house all of the port’s specialized equipment and serve as a new home for the Port Authority’s vessels. It is
HELSINKI : Technology group Wärtsilä has announced that its breakthrough carbon capture solution (CCS) is now commercially available to the global maritime industry, delivering a step-change in shipping’s decarbonisation journey. According to Wärtsilä’s tests,
MUMBAI : Indian Register of Shipping (IRS), a leading international ship classification society and member of the International Association of Classification Societies (IACS), is proud to announce the opening of its new office in the
KOZHIKODE : Gulf Ship Service, a long pending proposal of Kerala, continues to remain in troubled waters. While one of the two private companies, that had shown interest, already backed out, the other firm
SEONGNAM : On Tuesday, 6th of May 2025, HD Hyundai and A.P. Moller – Maersk announced the signing of a Memorandum of Understanding (MoU) to establish a collaboration on decarbonisation solutions for vessels, while