Mexico building a rail rival to the Panama Canal
MEXICO CITY : At Mexico’s narrowest point, linking the Pacific and Atlantic oceans, the government is building a railway rival to the Panama Canal with promises of economic
Container xChange unveils ‘The Future of Shipping in 2024’ report
HAMBURG : Container xChange, a leading authority in the shipping industry, released its second annual “2023 Shipping Industry Trends and Future of Shipping in 2024” report. The report
Yemen’s Houthis release video showing armed men seizing India-bound ‘Israeli-linked ship’; Own
HODEIDAH : The Galaxy Leader commercial ship was “illegally boarded by military personnel via a helicopter” on November 19 and is now in the Hodeidah Port area in
Hyundai Heavy Industries taps GTT for tank design of 17 new LNGCs
SEOUL : French LNG containment specialist GTT has received an order from the South Korean shipyard HD Hyundai Heavy Industries (HD HHI) for the tank design of 17
ClassNK grants Innovation Endorsement to Cyclone Type Microplastic Collection Device developed by MO
TOKYO : ClassNK has granted its Innovation Endorsement*1 for Products & Solutions to a Cyclone Type Microplastic Collection Device “HQ-100*2/HQ100B*3” developed by Mitsui O.S.K. Lines, Ltd. (MOL) and MIURA
Sri Lanka plans mega expansion of Colombo Port
COLOMBO : Sri Lanka has initiated initial steps to expand Colombo Port, first by constructing the West Container Terminal 2 followed by the Colombo North Port development as
Turkish cargo ship with 12 crew members sinks in Black Sea
ANKARA : A Turkish cargo ship with 12 crew onboard sank off Turkey’s Black Sea coast during a storm on November 19 and authorities have been unable to
Durban Port grapples with massive cargo backlog amid equipment breakdowns
DURBAN : The bustling port of Durban, a pivotal maritime trade hub in the region, is currently grappling with a significant operational challenge due to equipment breakdowns. This
New Hybrid Cranes at LCB1 as ESCO continues to pave the way for sustainable supply chains in Thailan
BANGKOK : LCB Container Terminal 1 (LCB1), a joint venture between Eastern Sea Laem Chabang Terminal (ESCO), APM Terminals, and Bangkok Modern Terminals Ltd, is paving the way for sustainable supply
NorthStandard to apply moderate premiums increase for 2024-25
TYNE (UK) : With little prospect that the uncertainties and inflationary pressures afflicting the global economy through 2022-23 will disappear, NorthStandard has signalled intentions to apply a precautionary