The economy is in a ‘freight recession,’ with China trade decline continuing
NEW JERSEY : As the big East and West coast ports jockey for supremacy in total trade volume coming into the country, the pie is getting smaller as the economy
HMM to conduct field tests of onboard carbon capture system for containership
SEOUL : HMM announced that it plans to conduct field tests of an onboard carbon capture system(OCCS) for containerships along with SHI(Samsung Heavy Industries) and PANASIA in the
India in talks with Russia to open up Chennai-Vladivostok Maritime Corridor project : Sarabananda So
CHENNAI : India is in discussion with Russia to inaugurate the Chennai-Vladivostok Maritime Corridor aimed at boosting maritime ties between the two countries, Union Minister Shri Sarabananda Sonowal
Russia initiates to boost INSTC infra to expand trade with India
MOSCOW : After the visit of the Russian Deputy PM’s in India, Russian companies have swung into action to boost International North-South Transport Corridor (INSTC) infrastructure and Iran’s ports
MSC to share insights on Digitalization at Singapore Maritime Week 2023
GENEVA : MSC will once again share its insights at the Singapore Maritime Week (SMW), an annual gathering of the international maritime community to advance key industry issues
Milaha reports QAR 363 million net profit for the first quarter 2023
DOHA : The Qatari company’s projects include shipbuilding, trading firms, real estate investments, asset management among others. Qatar Navigation (Milaha) recorded QAR 363 million profit in the first
Technical feasibility assessment on shipping decarbonization : IMO
LONDON : A study on the readiness and availability of low- and zero-carbon ship technology and marine fuels, commissioned by IMO under its Future Fuels and Technology for
ONE announces changes in the port rotation of the Philippines Express 2 (PHX2) Service
SINGAPORE : Singapore-based Ocean Network Express (ONE) announced it will change the port rotation of the Philippines Express 2 (PHX2) Service. ONE said that the updated port rotation
Volta Shipping appoints Debjit Sengupta as Managing Director
DUBAI : Volta Shipping is pleased to announce the appointment of Debjit Sengupta as the company’s new Managing Director. Sengupta brings with him an impressive background and more
Alternative Maritime Power : ERMA first whitepaper presents key to Greener Ports
GREECE : ERMA FIRST, a leading sustainable marine solutions provider, has published a new whitepaper which presents alternative maritime power solutions as the key to greener ports as