Foreign ships to have a tough time in ‘Amrit Kaal Vision 2047’ for Maritime
NEW DELHI : Far from removing a so-called cabotage law to permit foreign flag ships to carry all types of cargo on local routes to boost coastal shipping
Greek owner to sell all container ships, spend $3B on LNG tankers
PIRAEUS : There have been a number of “big picture” questions about shipping stocks through the years: Should companies be “pure plays” or diversify across multiple segments? Which
Canada’s Davie Shipbuilding acquires assets of Helsinki Shipyard
LEVIS : Davie Shipbuilding, Canada’s largest shipbuilder and partner in the country’s National Shipbuilding Strategy, has successfully completed the acquisition of assets belonging to Finland’s Helsinki Shipyard Oy,
DP World gradually restarting operations around its Australian Ports after cyber-attack
SYDNEY : Australia’s biggest ports operator, DP World Australia which has been the target of a cyber-attack, has begun gradually restarting its operations, but key exports could be
US-Adani deal for Sri Lanka port heats up race with China
NEW DELHI : The US International Development Finance Corporation’s (DFC) announcement of a $553 million investment in the West Container Terminal of Colombo port was not unexpected.The said
Europort 2023 to leave lasting impression of maritime and offshore industries in transition
ROTTERDAM : As the curtains fall on Europort 2023, memories linger of an event that saw stakeholders from across the maritime world connect on the key themes of
DMC presents completely redesigned Optima nozzle at Europort 2023
ROTTERDAM : Rudder and steering systems specialist DMC launched the new and improved Optima nozzle at Europort 2023 in Rotterdam last Thursday. The original Optima was introduced in
Dry Bulk Market – Positive Momentum in all Classes : Baltic Exchange
LONDON : The week began with an encouraging start in the Pacific market, marked by positive sentiment and a notable increase in volume with several tenders and operator-controlled
Maersk India to Europe ME7 service port change announcement
MUMBAI : A.P. Moller – Maersk, is constantly reviewing its offering and making adjustments for the benefit of its customers and their supply chains. As such, they have
Shipping giant CMA CGM reports drop in quarterly profit, better volumes
MARSEILLE : CMA CGM on Friday informed about its profit fell in the third quarter as a COVID-era boom in shipping continued to fade, but its volumes picked
