January 19, 2024
March 19, 2026
January 18, 2024
Attacks on ship in Red Sea would impact India’s energy and economic interests: S Jaishankar
NEW DELHI : In the ongoing conflict, the Houthi rebels in Yemen have targeted ships, including those with connections to Israel in the Red Sea. This has led to a confrontation with the US
January 18, 2024
Red Sea crisis: Commerce Ministry asks DFS to maintain credit flow to exporters
NEW DELHI : The Commerce Ministry has asked the Department Of Financial Services (DFS) under the Ministry of Finance to maintain credit flow to exporters amid disruptions in the Red Sea route that could
January 18, 2024
Maersk and Hapag-Lloyd are entering into an operational cooperation
COPENHAGEN : Hapag-Lloyd AG and Maersk have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. The ambition is to deliver a flexible and interconnected
January 18, 2024
Hapag-Lloyd and Maersk are entering into an operational cooperation
HAMBURG : Hapag-Lloyd AG and Maersk A/S, an entity under A.P. Moller – Maersk, have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. The
January 18, 2024
Ocean Network Express steps forward with its Green strategy: Announcement of the inaugural fleet of 12 Methanol dual-fuel containerships
SINGAPORE : Ocean Network Express Pte. Ltd. (ONE) has signed Ship Building Contracts with Jiangnan Shipyard and Yangzijiang Shipbuilding for a total construction of twelve 13,000 TEU methanol dual-fuel container ships. Each shipyard will
January 18, 2024
The Gemini Alliance to sail from 2025
By Mr. Gautham Krishnan The start of 2023 saw the 2M alliance between A.P. Moller – Maersk and MSC Mediterranean Shipping Company announcing separation with effect from Jan1, 2025. The move was touted to be a focal point for
January 18, 2024
Saudi Ports Authority “Mawani”, announced a 12.07% increase in container handling across the ports under its management in 2023
RIYADH : Saudi Ports Authority “Mawani”, announced a 12.07% increase in container handling across the ports under its management in 2023. A total of 8,443,746 TEU were handled, marking a noteworthy rise from the
January 18, 2024
Product tanker recycling drops 82% year-on-year to lowest on record
LONDON : “In 2023, only seven product tankers with combined deadweight tonnes (DWT) capacity of 265,000 were recycled. This was a year-on-year drop of 82% compared to 1.5 million DWT (27 product tankers) recycled
January 17, 2024