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April 25, 2024

DSV reports US$5.5 billion revenue in 2024 first quarter

International Shipping, Company, Logistics, Trade, Trending News
COPENHAGEN : DSV kicked off 2024 on a high note, securing increased market share across all divisions. The first-quarter results are as expected and signify the stabilization of freight markets, said the company. During
April 25, 2024

ClassNK releases route correction factors calculation tool ‘WACDAS’- supporting container stacking optimization –

International Shipping, Logistics, Maritime, Shipping Line, Trade, Trending News
TOKYO : ClassNK has released a new tool, ‘WACDAS (WAve Climate Data Aggregation for Ships)’, for calculating the route correction factors essential for ensuring the safety of container lashing and supporting container stacking optimization. Responding
April 24, 2024

As Iran-Israel conflict intensifies, India Inc feels the heat

Export - Import, Global Trade, International Shipping, Logistics, Shipping Line, Trade, Trending News
NEW DELHI : Iran-backed Hezbollah has launched a barrage of rockets at an Israeli army headquarters days after Tehran made a “maximum level response” warning to Israel. Iran and Israel have engaged in retaliatory
April 24, 2024

Baltimore accuses Dali owner and manager of negligence and recklessness

International Shipping, Maritime, Trending News
BALTIMORE : Baltimore City Council is seeking compensation from the owner and manager of the container ship M.V. Dali over the Francis Scott Key Bridge collapse. In papers submitted to the US federal courts
April 24, 2024

India delivers the fourth BrahMos missile battery to Philippines

EXPORT, Aviation, International Shipping
NEW DELHI : Giving a huge fillip to defence exports, India has sent the fourth ‘battery’ of land version of BrahMos supersonic cruise missiles to the Philippines amidst growing tensions due to Chinese assertions in
April 24, 2024

Hapag-Lloyd wins landmark tender for Zero-Emission Maritime Shipping

International Shipping, Maritime, Trending News
HAMBURG : The Zero Emission Maritime Buyers Alliance (ZEMBA) announced the successful completion of its first ever tender for sustainable ocean shipping, marking a significant step towards reducing greenhouse gas emissions by 90% compared
April 24, 2024

‘Lvshui 01’-World’s first river-sea electric container ship sets sail

International Shipping, Foreign Ports, Trending News
ZHEJIANG : Lvshui 01, the world’s first river-sea electric container ship, arrived at Shengdong Wharf of Yangshan Port in east China’s Zhejiang Province on Monday, setting new records for the world’s first and largest
April 24, 2024

AD Ports Group secures a 20-Year agreement to operate and upgrade the existing Luanda Multipurpose Port Terminal in Angola

International Shipping, Business, Company, Foreign Ports, Trending News
ABU DHABI : AD Ports Group has signed several agreements with Unicargas and Multiparques securing a 20-year concession agreement (extendable for another 10 years) with the Luanda Port Authority for the operation and upgrade
April 24, 2024

IBIA collaborates with BIMCO on fuel and maritime challenges

International Shipping, Trade, Trending News
LONDON : IBIA – The International Bunker Industry Association and BIMCO have signed a Memorandum of Understanding (MoU) to collaborate on some of the monumental challenges and opportunities within the areas of bunker, marine
April 24, 2024

ABB to provide hybrid-electric propulsion for new MaineDOT ferry connecting island community to mainland

International Shipping, Foreign Ports, Maritime, Trending News
FINLAND : ABB has been selected by Maine Department of Transportation (MaineDOT) to supply a comprehensive grid-to-propeller solution for the new double-ended, hybrid-electric ferry that will provide essential services between the town of Lincolnville
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