Sri Lanka plans mega expansion of Colombo Port
COLOMBO : Sri Lanka has initiated initial steps to expand Colombo Port, first by constructing the West Container Terminal 2 followed by the Colombo North Port development as
Turkish cargo ship with 12 crew members sinks in Black Sea
ANKARA : A Turkish cargo ship with 12 crew onboard sank off Turkey’s Black Sea coast during a storm on November 19 and authorities have been unable to
Durban Port grapples with massive cargo backlog amid equipment breakdowns
DURBAN : The bustling port of Durban, a pivotal maritime trade hub in the region, is currently grappling with a significant operational challenge due to equipment breakdowns. This
New Hybrid Cranes at LCB1 as ESCO continues to pave the way for sustainable supply chains in Thailan
BANGKOK : LCB Container Terminal 1 (LCB1), a joint venture between Eastern Sea Laem Chabang Terminal (ESCO), APM Terminals, and Bangkok Modern Terminals Ltd, is paving the way for sustainable supply
NorthStandard to apply moderate premiums increase for 2024-25
TYNE (UK) : With little prospect that the uncertainties and inflationary pressures afflicting the global economy through 2022-23 will disappear, NorthStandard has signalled intentions to apply a precautionary
Tototheo Maritime passes 1,000-ships in milestone for Inmarsat Fleet Xpress installations
PIRAEUS : Satellite communications and technologies specialist Tototheo Maritime has passed the 1,000-ship mark in Fleet Xpress terminal installations, in a significant milestone for its collaboration with Inmarsat
India ship regulator to take government advice on sanctioned Russian oil vessel
NEW DELHI : India’s shipping ministry will follow foreign ministry advice when deciding whether to allow a ship carrying Russian oil that has been placed under U.S. sanctions
Houthi rebels seize cargo ship travelling from Turkey to India,Israel says
JERUSALEM : Yemen’s Houthi rebels seized an Israeli-linked cargo ship in a crucial Red Sea shipping route on Sunday, raising fears that regional tensions heightened over the Israel-Hamas
Sanmar Group opens shipping subsidiary in Singapore
CHENNAI : The Chennai-based Sanmar Group has opened a subsidiary company in Singapore—Sanmar Shipping SG Pte Ltd, to expand its global operations. Operating in the international tanker market
Construction started for Maersk’s new cold store in Rotterdam
ROTTERDAM : With the official ground breaking Maersk has started the construction works for its new large cold store in Rotterdam (The Netherlands). The specialized warehouse for temperature