Merchant vessel damaged after hit with 3 missiles off Yemen: Security Firm Ambrey
YEMEN : A merchant vessel was “taking on water” off the Yemeni Port of Hodeida on Tuesday after it was damaged in a missile attack, Maritime Security firm
S&P Global upgrades India’s outlook to ‘positive’, affirms ‘BBB-’ long-term rating
NEW YORK : Taking note of robust growth and rising quality of government spending, S&P Global Ratings on Wednesday revised the outlook on India’s economy to ‘positive’ from
Gram Car Carriers agrees to $700 Million acquisition by MSC subsidiary
GENEVA : Gram Car Carriers ASA (GCC) has announced the acceptance of a voluntary cash offer from SAS Shipping Agencies Services Sàrl (SAS), a wholly-owned subsidiary of MSC
AP Moller-Maersk recognised as a Leader in the 2024 Gartner Magic Quadrant™ for third year in a ro
COPENHAGEN : AP Moller-Maersk has been recognized as a Leader in the 2024 Gartner Magic Quadrant™ for Third-Party Logistics (3PL) report. It’s the third consecutive year that Maersk has been
PSA Singapore and PIL successfully trial a Low-carbon End-to-End Shipment, furthering Supply Chain D
SINGAPORE : PSA Singapore (PSA) and Pacific International Lines (PIL) announced the completion of their first trial of low-carbon green shipments, in a joint effort to build a more sustainable
AD Ports, Transmar, and Orascom to build Egypt green methanol facility
ABU DHABI : A site for the storage and export of green methanol for the maritime industry is to be built in Egypt under a new Memorandum of
IMO champions maritime decarbonization at Global Supply Chain Forum
LONDON : IMO is advancing concrete measures to decarbonize shipping, while aiming to shield small island developing states and least developed countries from any potential negative impacts to
Opportunities and challenges at Chabahar Port
CHABAHAR : The recently concluded contract between India and Iran, which gives New Delhi rights to invest in and operate the Shahid-Behesti Terminal at Chabahar Port for another
Yemen’s Houthis attacked 3 Ships in Red Sea and Indian Ocean
YEMEN : A military spokesman for Yemen’s Houthi Group has announced that the group had launched attacks on three ships in the Red Sea and Indian Ocean. “The
Dry bulk sailing distances jump 31% for routes using the Panama Canal : BIMCO
LONDON : “The limits in daily transits in the Panama Canal have significantly affected the dry bulk market, with transits down 74% y/y between January and April 2024.