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Kerala HC cuts security amount to ₹1,227.62cr for release of MSC vessel

KOCHI : The Kerala High Court on Thursday lowered the security deposit required from the owners of MSC ELSA III, the vessel that sank...

Pakistan eyes Saudi-linked Port, shipping projects to boost Gulf–China connectivity

KARACHI : Pakistan is planning Saudi-linked port and shipping projects, including new gateway terminals, direct shipping routes and green ship recycling yards, as part...

CEO of Hong Kong firm alleges ₹15-crore cargo fraud

TRIVANDRAM : A major cargo fraud, involving nearly ₹15 crore, came to light at a Container Freight Station (CFS) in Vallur near Kattupalli Port,...

Huawei launches the SMART Logistics & Warehousing Solution to Unlock All Intelligence

SINGAPORE: Huawei unveiled its SMART Logistics & Warehousing Solution at HUAWEI CONNECT 2025's transportation summit titled "Creating a Digital & Intelligent Foundation for Comprehensive...

Onboard Carbon Capture and Storage highlighted as possible climate technology solution

LONDON: Onboard Carbon Capture and Storage (OCCS) is emerging as a potential technology to reduce greenhouse gas (GHG) emissions from shipping. To explore the...

Hapag-Lloyd and DHL sign agreement to further decarbonize supply chains

HAMBURG: Hapag-Lloyd and DHL Global Forwarding have achieved a major milestone in their joint efforts to decarbonize supply chains. The two companies have signed...

IMO: The ocean takes centre stage on World Maritime Day 2025

Global maritime community celebrates “Our Ocean, Our Obligation, Our Opportunity” LONDON: The international shipping industry, which carries over 80% of global trade and uses more...

Wilson Sons launches new facilities at its Training Centre, featuring a manoeuvre simulator, and at its Towage Operations Centre

SANTOS: With over 187 years of experience, Wilson Sons opened new facilities on Thursday (September 25th) at its Training Centre, now located at Edifício...

Container Shipping: Demand bolstered by trade lanes not bound for the US

COPENHAGEN: "On the strength of demand in trade lanes not bound for the US, we have increased our ship demand growth forecast for 2025...

Drewry’s World Container Index down by 8% last week

LONDON: Drewry’s World Container Index decreased 8% to $1,761 per 40ft container this week. The Drewry World Container Index (WCI) fell 8% to $1,761 per...
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