Carriers and forwarders to lose mark-up on THC collection in Dubai
JEBEL ALI : Container lines serving Middle East trades are facing the prospect of losing a major source of their income from mark-ups or margins on ancillary collections.
John-Kaare Aune to leave the Wallem Group, John Rowley appointed as next CEO
HONG KONG : The Board of Directors of Wallem Group on Thursday announced that John-Kaare Aune will be stepping aside as Wallem Group’s CEO and after a period
Fastro Lifting System Nominated for Heavy Lift Awards
DE GROON ( THE NETHERLAND) : Fastro’s modular and ergonomic lifting system has been nominated for the HLPFI Heavy Lift Awards. The patented Fastro system introduces a new
IFSC regime gains traction among ship owners
GANDHINAGAR : A new tax-friendly regime to boost India’s shipping tonnage is gaining traction in a short span with the Ripley Group, Bothra Group, Star Matrix, Alphard Maritime
OOCL welcomes six green eco-friendly 24,000 TEU giants
HONG KONG : Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) held the naming ceremony of a 24,188 TEU newbuilding at Dalian COSCO KHI Ship Engineering
CMA CGM unveils “Port Liberty”
MARSEILLE : The CMA CGM Group has unveiled the investment and business strategy for its recently acquired Global Container Terminals (GCT) in Bayonne and New York Ports as part of the Group’s
DNV awards AiP for Hanwha Ocean’s new 270K LNG carrier design
NORWAY : Classification society DNV presented Hanwha Ocean with an Approval in Principle (AiP) for an innovative 270,000cbm LNG carrier. The design maximizes cargo capacity while optimizing vessel
Rotterdam and Oslo Cities signs MoU for New Green Corridor
ROTTERDAM : A Memorandum of Understanding (MoU) has been signed by the City of Rotterdam and the City of Oslo to create a new Green Corridor for short
AkzoNobel and Silverstream Technologies release white paper to help ship owners cut fuel consumption
LONDON : Ship operators can reduce their fuel use and emissions output by using Silverstream Technologies’ air lubrication system (ALS) with AkzoNobel’s fouling control coatings, a new white
Israel-Palestine war spells woes for Indian exports
NEW DELHI : Analysts have anticipated increased shipping costs accompanied with higher insurance premiums in wake of the growing Israel -Palestine conflicts. Amidst the recent attacks, trade volumes