February 15, 2024
March 19, 2026
February 15, 2024
Amer Shipping sets new sustainable standard with dry cargo vessel Adriana Maria
WERKENDAM : The latest addition to Amer Shipping’s fleet in Raamsdonksveer is dry-cargo vessel ‘Adriana Maria’, a multi-purpose ship, even at low water levels. This is thanks to the innovative ‘CDS 110’ hull design
February 14, 2024
Expect marginal impact of Red Sea crisis on tyre industry, says JK Tyre MD and ATMA Chairman
NEW DELHI : While numerous automakers have witnessed some increase in ocean freight costs due to the ongoing Red Sea crisis, homegrown tyre maker JK Tyre and Industries asserts that it does not foresee
February 14, 2024
Maersk stops Oakland Port calls on WCCA 2 Service
COPENHAGEN : Maersk decided to temporarily remove the Port of Oakland from the WCCA 2 Service port rotation. The Danish company said it took this action to maintain schedule reliability. The Oakland call removal
February 14, 2024
US now has an 85% chance of recession in 2024, the highest probability since the Great Financial Crisis : Economist David Rosenberg
NEW YORK : A recession is likely to hit the US Economy in 2024, a new economic model highlighted by the economist David Rosenberg suggests. The economic indicator, which Rosenberg calls the “full model,”
February 14, 2024
Kalmar to enhance Réunion Island box terminal with hybrid equipment
MARSEILLE : Kalmar and CMA CGM’s subsidiary CMA Terminals have reached an agreement for the supply of three Kalmar hybrid straddle carriers to SAMR, a terminal located on Réunion Island. The order was registered
February 14, 2024
IMO Sub-Committee on human element, training and watchkeeping (HTW 10)
LONDON : The 10th session of the IMO’s Sub-Committee on Human Element, Training and Watchkeeping (HTW 10) was held from 5 to 9 February 2024. A comprehensive revision of the STCW Convention and Code
February 14, 2024
Airseas, a revolutionary maritime company achieves major milestone pulling cargo ships with Giant kites
FRANCE : Airseas, the French company with the lofty goal of helping to propel cargo ships with giant kites, ended 2023 with successful sea trials. It’s the next step toward the ultimate goal of outfitting
February 14, 2024
Drewry : January Multipurpose Time Charter Index above forecast
LONDON : The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the coming month. The vessel types include
February 14, 2024