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October 27, 2023

Israel to pay compensation for ships damaged in Gaza war

Ports, Foreign Ports, International Shipping, Maritime, Shipping, Trending News
JERUSALEM : Israel will provide compensation for ships that are damaged due to the war in Gaza and the government is taking steps to minimise risks for vessels using the country’s ports, government advisories
October 27, 2023

Russia strikes deal with Dubai’s DP World to develop Arctic Sea route

International Shipping, Maritime, Trending News
MOSCOW : Russian Nuclear Agency Rosatom said on Tuesday it has set up a joint venture with Dubai’s DP World to develop container shipping through the Arctic as part of an initiative heavily promoted
October 26, 2023

Global shipping might get affected by Middle East conflict : Reports

Export - Import, Foreign Ports, Global Trade, International Shipping, Ports, Trending News
DHAKA : In yet another concerning development for the export-oriented apparel industry of Bangladesh, Syed Mohammad Arif, President of the Bangladesh Shipping Agents Association (BSAA), reportedly expressed this concern. Israel’s attacks on Gaza, in
October 26, 2023

Ocean Alliance’s dominant era comes after 2M breakup

International Shipping, Shipping Line, Trending News
SINGAPORE : The Ocean Alliance comprising CMA CGM, COSCO Shipping Lines and Evergreen Marine Corporation is set to become the largest box shipping alliance once the 2M partnership ends in 2025. 2M’s extinction will
October 26, 2023

Dataloy and Nautilus Labs announce strategic integration to elevate Maritime Decision-Making

International Shipping, Maritime, Technology, Trending News
OSLO/NEW YORK : Dataloy, a front-runner in maritime voyage management systems, and Nautilus Labs, renowned for pioneering the decarbonization of the ocean supply chain, unveiled their seamless integration. This collaborative venture is designed to
October 26, 2023

Mersin International Port’s Gate Project enhances connectivity

International Shipping, Foreign Ports, Trade, Trending News
SINGAPORE : Mersin International Port (MIP), a member of PSA Group, officially inaugurated the Gate Project at an opening ceremony held on 28 September. The occasion was graced by Mersin Governor Ali Hamza Pehlivan
October 25, 2023

IMEEC work begins with 3.5 lakh Crore Railways plan to link 8 Ports on West Coast

Export - Import, International Shipping, Logistics, Ports, Railway, Trade, Transport, Trending News
NEW DELHI : A strategic project, the plan under the India Middle East Europe Economic Corridor (IMEEC) is to transport goods from Indian ports to Fujairah in the UAE by ship, and from there
October 25, 2023

Dr Volker Wissing, Germany’s Federal Minister for Digital and Transport, installs Hapag-Lloyd’s 700,000th tracking device

International Shipping, Logistics, Shipping Line, Technology, Trade, Trending News
HAMBURG : Hapag-Lloyd is celebrating the installation of its 700,000th tracking device, an important moment on the company’s path to creating the world’s largest smart container fleet. On Monday, at the company’s headquarters in
October 25, 2023

THE Alliance announces Transpacific-East Coast Change

International Shipping, Logistics, Shipping Line, Trade, Trending News
HAMBURG : In consideration of the present market situation, THE Alliance will make changes to the Transpacific-East Coast Network by suspending EC4 service from week 46 and update the existing EC1, EC2 and EC5
October 25, 2023

THE Alliance announces Asia-North Europe change

International Shipping, Logistics, Shipping Line, Trade, Trending News
HAMBURG : In consideration of the present market situation, THE Alliance will make changes to the Asia – North Europe Network by suspending FE5 service from week 46 and enhance the existing FE3 and
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