CMA CGM says ship transited Red Sea under French naval escort
MARSEILLE : French shipping and transport company CMA CGM said on Tuesday that its Jules Verne container ship transited the Red Sea under French naval escort, after suspending
Capital goods, fertilisers most impacted sectors amid Red Sea trade disruptions: Crisil Report
MUMBAI : Sectors such as capital goods and fertilisers have been the most impacted amid the ongoing crisis around the Red Sea, a Crisil Market Intelligence and Analytics
BIMCO publishes ship financing forms to ensure uninterrupted use of ships
LONDON : BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can ensure the
Houthis attack cargo vessel in Gulf of Aden, say ‘ship at risk of sinking’
YEMEN : Yemen’s Houthi militants said on Monday they had attacked the Rubymar Cargo vessel in the Gulf of Aden which was at risk of sinking, raising the
PSA partners with HERE Technologies to enhance truck operations in Singapore
SINGAPORE : HERE Technologies, a major provider of location data and technology solutions, has announced its collaboration with PSA Singapore, the operator of the world’s largest transshipment hub,
Electrification shipping industry is on track with a € 4 million investment in EST-Floattech
ROTTERDAM : Developer of maritime battery systems EST-Floattech receives an investment of 4 million euros from Energy Transition Fund Rotterdam and existing shareholders Rotterdam Port Fund, PDENH, Ponooc,
NorthStandard posts strong renewal result one year on from merger
TYNE : NorthStandard confirms strong renewal results across the board, in its first year of operation. NorthStandard reports a rise in premium income with positive market responses to
Foreign shipping lines under DGGI scanner
NEW DELHI : In what could be a revenue bumper for the GST collections, the Directorate General of GST Intelligence (DGGI) has issued summons to Indian offices of
EU launches mission to protect Red Sea shipping
BRUSSELS : The European Union on Monday officially launched a mission to help protect international shipping in the Red Sea from attacks by Yemen’s Huthis, EU Chief Ursula von der Leyen said. “Europe
India to sustain Logistics growth even with Geopolitical complexities
By Mr. Pushpank Kaushik, CEO of Jassper Shipping India’s trade heavily relies on maritime transport, with approximately 95% of the volume and 70% of the value, reported by