PIRAEUS : Satellite communications and technologies specialist Tototheo Maritime has passed the 1,000-ship mark in Fleet Xpress terminal installations, in a significant milestone for its collaboration with Inmarsat that reinforces the appeal of high-speed
NEW DELHI : India’s shipping ministry will follow foreign ministry advice when deciding whether to allow a ship carrying Russian oil that has been placed under U.S. sanctions to berth at an Indian port,
JERUSALEM : Yemen’s Houthi rebels seized an Israeli-linked cargo ship in a crucial Red Sea shipping route on Sunday, raising fears that regional tensions heightened over the Israel-Hamas war were playing out on a
CHENNAI : The Chennai-based Sanmar Group has opened a subsidiary company in Singapore—Sanmar Shipping SG Pte Ltd, to expand its global operations. Operating in the international tanker market leverage its presence in Singapore both
ROTTERDAM : With the official ground breaking Maersk has started the construction works for its new large cold store in Rotterdam (The Netherlands). The specialized warehouse for temperature sensitive or frozen products like pharmaceuticals,
NEW DELHI : Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal on Friday urged ports to make optimal efforts to secure a spot in the top 25 World Port Ranking, emphasizing that
HAMBURG : Hapag-Lloyd has announced rate increases in several routes across the world, which will take effect in December 2023. The German carrier will implement a general rate increase (GRI) from several countries in
GENEVA : MSC continues to monitor and assess the developing situation in Israel to ensure the safety of its personnel and minimize disruption to customer supply chains. As announced in our previous update, MSC
MARSEILLE : CMA CGM, the World’s No. 3 container carrier, urged the industry to avoid a price war as the delivery of new vessels threatens to push global shipping to a protracted slump. “New
RIYADH : The Saudi Ports Authority ‘Mawani’ and CMA CGM on Wednesday launched a new logistics park at Jeddah Islamic Port, with a total area exceeding 130,000 square metres and an investment value nearing