May 30, 2024
March 19, 2026
May 30, 2024
Merchant vessel damaged after hit with 3 missiles off Yemen: Security Firm Ambrey
YEMEN : A merchant vessel was “taking on water” off the Yemeni Port of Hodeida on Tuesday after it was damaged in a missile attack, Maritime Security firm Ambrey said. The ship was “targeted
May 30, 2024
S&P Global upgrades India’s outlook to ‘positive’, affirms ‘BBB-’ long-term rating
NEW YORK : Taking note of robust growth and rising quality of government spending, S&P Global Ratings on Wednesday revised the outlook on India’s economy to ‘positive’ from ‘stable’. However, it retained the sovereign
May 30, 2024
Gram Car Carriers agrees to $700 Million acquisition by MSC subsidiary
GENEVA : Gram Car Carriers ASA (GCC) has announced the acceptance of a voluntary cash offer from SAS Shipping Agencies Services Sàrl (SAS), a wholly-owned subsidiary of MSC Mediterranean Shipping Company, the world’s largest
May 30, 2024
AP Moller-Maersk recognised as a Leader in the 2024 Gartner Magic Quadrant™ for third year in a row
COPENHAGEN : AP Moller-Maersk has been recognized as a Leader in the 2024 Gartner Magic Quadrant™ for Third-Party Logistics (3PL) report. It’s the third consecutive year that Maersk has been named a Leader. According to Gartner, Leaders
May 30, 2024
PSA Singapore and PIL successfully trial a Low-carbon End-to-End Shipment, furthering Supply Chain Decarbonisation
SINGAPORE : PSA Singapore (PSA) and Pacific International Lines (PIL) announced the completion of their first trial of low-carbon green shipments, in a joint effort to build a more sustainable end-to-end supply chain ecosystem. This pilot
May 30, 2024
AD Ports, Transmar, and Orascom to build Egypt green methanol facility
ABU DHABI : A site for the storage and export of green methanol for the maritime industry is to be built in Egypt under a new Memorandum of Understanding (MoU). Engineering and construction firm
May 30, 2024
IMO champions maritime decarbonization at Global Supply Chain Forum
LONDON : IMO is advancing concrete measures to decarbonize shipping, while aiming to shield small island developing states and least developed countries from any potential negative impacts to their economies. At the world’s first
May 29, 2024
Opportunities and challenges at Chabahar Port
CHABAHAR : The recently concluded contract between India and Iran, which gives New Delhi rights to invest in and operate the Shahid-Behesti Terminal at Chabahar Port for another 10 years, has created many headlines.
May 29, 2024