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November 28, 2024

Strategic Marine increases presence in Korea’s offshore wind industry with Yeosu Ocean’s contract for new Stratcat 27

International Shipping, Global Trade, Maritime, Ship Building, Shipping Line, Trending News
SINGAPORE : Following Strategic Marine’s successful entry into Korea’s offshore windfarm market earlier this year, the Singapore headquartered shipbuilder has signed a new contract with Yeosu Ocean Co., Ltd. for the construction of a
November 28, 2024

Panama sets record in newbuilding ship registration

Maritime, International Shipping, Ship Building, Shipping Line, Shipyards, Trade, Trending News
PANAMA CITY : Panama has reached a historic milestone, registering 358 newly built ships to date, representing over 8.5 million Gross Tonnage (GT). This achievement reaffirms Panama’s status as the world leader in ship
November 28, 2024

Baltic index slips to near three-week low as larger vessel rates dip

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 a near three-week low on Wednesday, pulled down by weaker capesize and panamax
November 27, 2024

Shipping Industry faces one of Its greatest challenges : Drewry

International Shipping, Global Trade, Maritime, Shipping Line, Trending News
LONDON : The shipping industry is contending with a worldwide shortage of seafarers, and it’s fueling a troubling mix of fake resumes, accidents at sea, and elevated freight rates. “We have been seeing a
November 27, 2024

Mark Zuckerberg’s Meta strikes biofuel deal with shipowner Norden

Company, Global Trade, International Shipping, Maritime, Trending News
DENMARK : Danish tanker and bulker owner Norden has clinched an agreement with Mark Zuckerberg’s Meta to use sustainable maritime fuels in its supply chain. The operator said the owner of Facebook has signed
November 27, 2024

2nd China International Supply Chain Expo opens in Beijing, fostering global supply chain collaboration

Logistics, Associationn, Business, Economy, Finance, Global Trade, International Shipping, Supply Chain, Trade, Trending News
BEIJING : The second China International Supply Chain Expo (CISCE), the world’s first national-level exhibition focused on supply chains, opened on Tuesday in Beijing. The expo provides a comprehensive platform for business matchmaking and
November 27, 2024

Sweden urges Chinese ship to return for undersea cable investigation

International Shipping, Maritime, Shipping Line, Trending News
STOCKHOLM : Sweden is asking a Chinese vessel Yi Peng 3 to return to Swedish waters to help facilitate an investigation into recent breaches of undersea fibre-optic cables in the Baltic Sea, Prime Minister
November 27, 2024

Red Sea Yacht disaster: 17 missing, 28 rescued after sinking

International Shipping, Cruise Tourism, Trending News
CAIRO : At least 17 people are missing after a tourist yacht ‘Sea Story‘ sank in the Red Sea near Cairo following warnings about rough seas, Egyptian officials said Monday. The governor of the
November 27, 2024

ClassNK grants Innovation Endorsement for Products & Solutions to ‘FF Virtual’ developed by FINDi

International Shipping, Maritime, Technology, Trending News
TOKYO : ClassNK has granted its Innovation Endorsement for Products & Solutions to ROV training simulator ‘FF Virtual’ developed by FINDi Co., Ltd. In order to promote the spread and development of innovative technologies,
November 26, 2024

Hapag Lloyd’s China Germany Express Service updates

International Shipping, Shipping Line, Trending News
HAMBURG : Hapag Lloyd announced that from January 2025 the weekly service will have a rotation change with an extended port coverage in Asia and Europe, in the China Germany Express (CGX) Service. The
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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