Attacks on ship in Red Sea would impact India’s energy and economic interests: S Jaishankar
NEW DELHI : In the ongoing conflict, the Houthi rebels in Yemen have targeted ships, including those with connections to Israel in the Red Sea. This has led
Red Sea crisis: Commerce Ministry asks DFS to maintain credit flow to exporters
NEW DELHI : The Commerce Ministry has asked the Department Of Financial Services (DFS) under the Ministry of Finance to maintain credit flow to exporters amid disruptions in
Maersk and Hapag-Lloyd are entering into an operational cooperation
COPENHAGEN : Hapag-Lloyd AG and Maersk have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. The ambition is
Hapag-Lloyd and Maersk are entering into an operational cooperation
HAMBURG : Hapag-Lloyd AG and Maersk A/S, an entity under A.P. Moller – Maersk, have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which
Ocean Network Express steps forward with its Green strategy: Announcement of the inaugural fleet of
SINGAPORE : Ocean Network Express Pte. Ltd. (ONE) has signed Ship Building Contracts with Jiangnan Shipyard and Yangzijiang Shipbuilding for a total construction of twelve 13,000 TEU methanol
The Gemini Alliance to sail from 2025
By Mr. Gautham Krishnan The start of 2023 saw the 2M alliance between A.P. Moller – Maersk and MSC Mediterranean Shipping Company announcing separation with effect from Jan1, 2025. The move was touted
Saudi Ports Authority “Mawani”, announced a 12.07% increase in container handling across
RIYADH : Saudi Ports Authority “Mawani”, announced a 12.07% increase in container handling across the ports under its management in 2023. A total of 8,443,746 TEU were handled,
Product tanker recycling drops 82% year-on-year to lowest on record
LONDON : “In 2023, only seven product tankers with combined deadweight tonnes (DWT) capacity of 265,000 were recycled. This was a year-on-year drop of 82% compared to 1.5
APM Terminals to invest $500 million in Louisiana Port
LOUISIANA : APM Terminals (APMT) says it will invest an initial $500 million to build a major container terminal near the mouth of the Mississippi River, on the
Wan Hai unveils 13,100 TEU newbuild vessel
TAIPEI : On 16 January, Wan Hai Lines conducted a ship naming ceremony for the WAN HAI A13, marked by a charitable donation, at the Samsung Heavy Industries
