March 18, 2026
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March 18, 2024

Pakistan’s Salt industry struggles amid shipping crisis

Export - Import, Global Trade, International Shipping, Trade, Trending News
KARACHI : Salt Manufacturers Association of Pakistan (SMAP) leaders have urged the government to lift the ban on trade with India and reduce taxes on imported salt materials, including packaging and others, to revitalise
March 18, 2024

TT Club Sponsors the Young Supply Chain Resilience Professional of the Year Award 2024

International Shipping, Logistics, Transport, Trending News
LONDON : In announcing its continued support of the TAPA EMEA* Award, leading provider of insurance and related risk management services to the international transport and logistics industry, TT Club proclaims its aim to encourage
March 18, 2024

Baltic index slips as capesize losses outweigh panamax gains

International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s main sea freight index declined on last Thursday, as a fall in capesize rates overshadowed gains in the panamax segment. The overall index, which factors in rates for capesize,
March 18, 2024

ClassNK awards first-ever notation to Fuyo Kaiun’s bulk carrier “ELETTRA”

Break Bulk Cargo, International Shipping, Maritime, Shipping Line, Trending News
TOKYO : ClassNK has granted its “ELW” (Excellent Living and Working Environment) notation to “ELETTRA”, a bulk carrier owned by Fuyo Kaiun Co.,Ltd. The vessel becomes the first in ClassNK registry to have the
March 16, 2024

Indian Navy rescued Bangladeshi vessel near Somalia, attacked by Somalian pirates

International Shipping, Defence, Maritime, Shipping Line, Trending News
NEW DELHI : The Indian Navy responded to an SOS by a Bangladesh-flagged cargo ship that was seized by pirates off the Somalia coast and took 23 of its crew members hostage earlier this
March 16, 2024

Maersk and Hapag-Lloyd Gemini Alliance will seek to reduce costs

Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
HAMBURG : With returns sliding back to pre-Covid levels after the supercharged pandemic period shipping lines are looking to control costs again to keep their heads above water. Hapag-Lloyd reported substantial declines in its
March 16, 2024

World Shipping Council announces digital platform for cargo safety

International Shipping, Maritime, Transport, Trending News
WASHINTON D.C. : The World Shipping Council (WSC) has announced plans to develop a new Cargo Safety Program for the transport of dangerous goods, with the not-for-profit organisation National Cargo Bureau (NCB) to act
March 16, 2024

Houthis threaten to target merchant ships in Indian Ocean

International Shipping, Maritime, Trending News
YEMEN : The Houthis plan to attack ships in the Indian Ocean, as they travel toward the Cape of Good Hope, the group announced on Thursday. Two Houthi spokesmen – Brig. Gen. Yahya Sare’e
March 16, 2024

Houthis claim first attacks on ships in Indian Ocean

International Shipping, Maritime, Shipping Line, Trade, Trending News
SANA’A : Yemen’s Iran-backed Houthi militia claimed on Friday that it had attacked Israeli and American ships in the Indian Ocean for the first time, only hours after its leader promised to extend action
March 16, 2024

IMO’s 2030 and 2040 GHG reduction targets now explicitly linked to fuel standard, whilst momentum builds on a universal GHG price (levy), but all options remain on the table

Maritime, International Shipping, Trending News
LONDON : The Sixteenth Meeting of the Intersessional Working Group on Reduction of GHG Emissions from Ships has just concluded with some progress made on the finalisation of mid-term measures, and without a decisive
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