May 3, 2023
March 21, 2026
May 3, 2023
Scorpio Tankers doubles Q1 revenue
MONACO : Scorpio Tankers announced a strong set of first quarter results, doubling its revenue and returning to profit in the first three months of 2023. Profit of $193.2m in the first quarter 2023
May 2, 2023
MSC boosts support for Asia-India Trade with New Shikra Service
GENEVA : To meet growing global demand, and strengthen Asian port connectivity and availability, MSC is proud to unveil a new inter-Asia service between the main ports of China and India. The new, independently-managed
May 2, 2023
India building 7,200 km transport corridor to counter China’s BRI
NEW DELHI : The 7,200 km long International North South Transport Corridor (INSTC) connecting India and Russia is now rapidly coming to life after remaining a slow starter for years. Next month a host
May 2, 2023
Container shipping under pressure globally due to high interest rates : S&P Global Commodity Insights
SINGAPORE : Container shipping, globally, will be “under pressure” because of high interest rates and inflationary pressures across developed economies; which in turn brings in “recessionary traits”, says Pradeep Rajan, Head – Asia Freight,
May 2, 2023
Seized tanker ‘Advantage Sweet’ remains in Iranian waters
TEHRAN : Iran’s army has seized a Marshall Islands-flagged oil tanker in the Gulf of Oman after it collided with an Iranian boat, injuring several crewmen, state media reported. “A Marshall Islands-flagged oil tanker
May 1, 2023
MSC enhances connections between Africa, Middle East and India
GENEVA : As part of MSC‘s ongoing commitment to enhancing services between Africa, the Middle East and India, they are pleased to announce the following updates to India Africa Service (IAS) and India to
May 1, 2023
Maersk to mark the launch of greener vessel
COPENHAGEN : To celebrate the world’s first container vessel sailing on green methanol, AP Moller-Maersk has announced that it will host a week of festivities on 18-21 September in Copenhagen. The 2,100 TEU feeder
April 29, 2023
CMA CGM announces Overweight Surcharge update from Asia and India East Coast to Nigeria
MARSEILLE : CMA CGM announced an updated Overweight Surcharge (OWS) from Asia and India East Coast to Nigeria effective 28 April. The French ocean carrier will implement a fee of US$250 per 20′ dry
April 29, 2023