March 21, 2026
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December 3, 2024

Maersk completes order of 20 dual-fuel vessels

International Shipping, Shipping Line, Trending News
COPENHAGEN : A.P. Moller – Maersk (Maersk) has signed agreements with three yards for a total of 20 container vessels equipped with dual-fuel engines. Combined, the vessels have a capacity of 300,000 TEU. With
December 3, 2024

Hapag-Lloyd breaking ground in Uganda

International Shipping, Shipping Line, Trade, Trending News
KAMPALA : Hapag-Lloyd on Monday opened its new office in the city of Kampala, the capital of Uganda. Strategically situated, Uganda provides excellent connections to five neighboring countries in East and Central Africa. With
December 3, 2024

Global shipping costs to remain high amid tariff threats, Red Sea challenges

EXPORT, International Shipping, Shipping Line, Trade, Trending News
KUALA LUMPUR : Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff
December 3, 2024

Baltic index hits over 1-year low on weaker rates across vessels

International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to near 15-month low on Monday, dragged down by losses across all vessel segments.
December 2, 2024

Indian Register of Shipping and Cochin Shipyard collaborate on Indigenous Autonomous Vessel Project ‘SWAYAT’

International Shipping, Maritime, Ship Building, Shipping, Shipyards, Technology, Trending News
MUMBAI : Indian Register of Shipping (IRS) and Cochin Shipyard Ltd (CSL) have entered into an umbrella agreement aimed at developing indigenous technologies and enhancing the capabilities of both organizations. As part of this
December 2, 2024

Mumbai’s Indira Dock welcomes 93 Years Old Amerigo Vespucci, Italian Navy’s ‘Most Beautiful Ship’

International Shipping, Maritime, Navy, Ports, Trade, Trending News
MUMBAI : The Italian Navy’s historic 93-year-old sailing ship, Amerigo Vespucci, recently dropped anchor at Mumbai’s Indira Dock. This event is a part of the ship’s world tour, including Villaggio Italia – an exposition
December 2, 2024

Strategic action plan to strengthen ties between India and Italy : Adolfo Urso

International Shipping, Business, Economy, Finance, Global Trade, Logistics, Trending News
MUMBAI : The five-year strategic action plan to strengthen ties between India and Italy, unveiled by Prime Minister Shri Narendra Modi and his Italian counterpart Giorgia Meloni will lead to improved ties between the
December 2, 2024

PSA and NUS launch supply chain living lab facilitating efficient and sustainable supply chain growth

International Shipping, Container Terminal, Education, Foreign Ports, Global Trade, Maritime, Ports, Trending News
SINGAPORE : PSA International (PSA) and National University of Singapore (NUS) announced the launch of the PSA-NUS Supply Chain Living Lab. Recognising the growing need for integrated solutions that extend beyond container handling within
December 2, 2024

GAIL signs first long-term time charter contract with “K” LINE for LNG ship

International Shipping, Company, Global Trade, Ship Building, Trending News
State-run GAIL (India) Limited has signed a long-term charter contract with Singapore-based Kawasaki Kisen Kaisha Ltd (“K” LINE), said the company on Friday. “Looking to expand its fleet of LNG carriers, GAIL (India) Limited
December 2, 2024

Drewry’s World Container Index down 2% last week

International Shipping, Maritime, Shipping Line, Trade, Trending News
LONDON : Drewry’s World Container Index decreased 2% to $3,331 per 40ft container last week. Drewry’s detailed assessment for Thursday, 28 November 2024 Source : Drewry
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