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November 14, 2023

US-Adani deal for Sri Lanka port heats up race with China

International Shipping, Foreign Ports, Infrastructure, Maritime, Trending News
NEW DELHI : The US International Development Finance Corporation’s (DFC) announcement of a $553 million investment in the West Container Terminal of Colombo port was not unexpected.The said port is being built by a
November 14, 2023

Europort 2023 to leave lasting impression of maritime and offshore industries in transition

International Shipping, Foreign Ports, Maritime, Technology, Trending News
ROTTERDAM : As the curtains fall on Europort 2023, memories linger of an event that saw stakeholders from across the maritime world connect on the key themes of energy transition and digitalisation, as well
November 14, 2023

DMC presents completely redesigned Optima nozzle at Europort 2023

International Shipping, Foreign Ports, Maritime, Trending News
ROTTERDAM : Rudder and steering systems specialist DMC launched the new and improved Optima nozzle at Europort 2023 in Rotterdam last Thursday. The original Optima was introduced in 1998 and quickly developed into the
November 14, 2023

Dry Bulk Market – Positive Momentum in all Classes : Baltic Exchange

International Shipping, Maritime, Shipping Line, Trending News
LONDON : The week began with an encouraging start in the Pacific market, marked by positive sentiment and a notable increase in volume with several tenders and operator-controlled cargoes, leading to a market increase
November 13, 2023

Maersk India to Europe ME7 service port change announcement

International Shipping, Logistics, Ports, Shipping Line, Trade, Trending News
MUMBAI : A.P. Moller – Maersk, is constantly reviewing its offering and making adjustments for the benefit of its customers and their supply chains. As such, they have reviewed ME7 Service and will be
November 13, 2023

Shipping giant CMA CGM reports drop in quarterly profit, better volumes

International Shipping, Logistics, Shipping Line, Trade, Trending News
MARSEILLE : CMA CGM on Friday informed about its profit fell in the third quarter as a COVID-era boom in shipping continued to fade, but its volumes picked up as a destocking trend in
November 13, 2023

Cyberattack keeps Australian Ports offline as containers pile up

Logistics, Export - Import, Foreign Ports, International Shipping, Maritime, Ports, Trade, Trending News
SYDNEY : Australia is assessing the logistical impact of a cyberattack that has paralyzed some of its biggest ports since Friday and said interruptions will continue for several more days, a mass closure that
November 13, 2023

Soaring fees at Panama Canal have LNG Shippers taking long route

International Shipping, LNG, Maritime, Trending News
NEW YORK : Liquefied Natural Gas shippers increasingly are opting to travel up to two weeks longer and almost 6,000 nautical miles further to bypass the Panama Canal as transporters of other fuel pay nearly $4 million to jump
November 13, 2023

Wilson Sons terminals grow 26% in October

International Shipping, Container Terminal, Foreign Ports, Trade, Trending News
BERMUDA : Wilson Sons, a leader in port and maritime logistics in Brazil, reported a strong growth in operations at its container terminals in October. With modern infrastructure, Rio Grande Container Terminal (RS) and
November 13, 2023

NYK boosts fleet with new LNG-powered PCTC

International Shipping, LNG, Ship Building, Shipping Line, Trending News
TOKYO : Japanese shipping company Nippon Yusen Kaisha has taken delivery of Sweet Pea Leader, the latest LNG-fueled pure car and truck carrier (PCTC), at Tadotsu Shipyard, part of Imabari Shipbuilding Group. Ordered from Nihon Shipyard,
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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