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October 3, 2023

Viral map depicts direct sea route between India & US ; Elon Musk reacts

International Shipping, Trade, Trending News
NEW DELHI : A picture of map showing the possibility of a direct sea route from India to US has caught the attention of the internet, including billionaire Elon Musk.The picture of the 2D route map, posted on X
October 2, 2023

India and Bangladesh discuss preparations to start talks for free trade agreement

Export - Import, COMMERCE, Economy, International Shipping, Logistics, Trade, Trending News
NEW DELHI : India and Bangladesh have discussed preparations to start talks for a free trade agreement (FTA) between the two countries to promote economic ties, an official statement said on Sunday. It was
October 2, 2023

Container freight rates to hit 2016 levels

International Shipping, Logistics, Shipping Line, Trade, Trending News
HONG KONG : Overcapacity and stalling demand are driving container shipping rates to new lows, according to the latest Market Pulse report from consultant Linerlytica. Asia to Europe rates are already below 2019 levels
October 2, 2023

Box lines revise services in Europe

International Shipping, Foreign Ports, Shipping Line, Trade, Trending News
LONDON : Aiming to optimise and improve their network, several container lines have announced changes in their European services. First of all, CMA CGM has decided to revise its GTL service again. According to
October 2, 2023

Barge with 12 boxes onboard sinks near Chittagong port

International Shipping, Foreign Ports, Shipping Line, Trade, Trending News
CHITTAGONG : A barge having 12 TEUs of loaded containers onboard sunk near Chittagong port in Bangladesh on Thursday (28 September) night. The port authority, in a notice issued to mariners on Friday morning,
October 2, 2023

TMS TACCC 2023 makes strong case for determined climate change action

International Shipping, Logistics, Maritime, Trade, Trending News
DUBAI : The inaugural Transportation and Climate Change Conference (TACCC), held at the Saadiyat Rotana Resort in Abu Dhabi, made an indelible impression on those attending, highlighting the need for strong, concerted action to
October 2, 2023

Praxis Automation awarded major contract from Rawabi Vallianz Offshore Services to equip the entire offshore fleet with dynamic positioning systems

International Shipping, Maritime, Trending News
THE NETHERLANDS : Praxis Automation, a global leader in ship automation, electrical propulsion and dynamic positioning systems, announced that it has been awarded a long-term collaborative contract by Rawabi Vallianz Offshore Services (RVOS), a
September 30, 2023

PSA celebrates a Trio of Wins at the 2023 Asian Freight, Logistics & Supply Chain Awards

International Shipping, Company, Logistics, Maritime, Ports, Trade, Trending News
SINGAPORE : PSA received three accolades at the 2023 Asian Freight, Logistics & Supply Chain (AFLAS) Awards. PSA International (PSA) was named the “Best Global Container Terminal Operator”, for the fifth time since the inception
September 30, 2023

Hapag-Lloyd increases rates from Middle East and Indian Subcontinent to US East Coast and Gulf Coast

International Shipping, Export - Import, Logistics, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd announced a General Rate Increase (GRI) / General Rate Adjustment (GRA) from the Middle East and Indian Subcontinent to the United States East Coast and Gulf Coast for cargo transported in
September 30, 2023

World Maritime Day : Four important trends in Seafarer health by Medsea

Maritime, International Shipping, Trending News
MUMBAI : Medsea, an International SOS company and a leading provider of health services to thousands of seafarers worldwide, provides their top four commercial maritime health trends for the remainder of 2023. The medical team analysed
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