Hapag-Lloyd breaking ground in Uganda
KAMPALA : Hapag-Lloyd on Monday opened its new office in the city of Kampala, the capital of Uganda. Strategically situated, Uganda provides excellent connections to five neighboring countries
Global shipping costs to remain high amid tariff threats, Red Sea challenges
KUALA LUMPUR : Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry,
Baltic index hits over 1-year low on weaker rates across vessels
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to near 15-month low on Monday, dragged down
Indian Register of Shipping and Cochin Shipyard collaborate on Indigenous Autonomous Vessel Project
MUMBAI : Indian Register of Shipping (IRS) and Cochin Shipyard Ltd (CSL) have entered into an umbrella agreement aimed at developing indigenous technologies and enhancing the capabilities of
Mumbai’s Indira Dock welcomes 93 Years Old Amerigo Vespucci, Italian Navy’s ‘Most Beautiful Sh
MUMBAI : The Italian Navy’s historic 93-year-old sailing ship, Amerigo Vespucci, recently dropped anchor at Mumbai’s Indira Dock. This event is a part of the ship’s world tour,
Strategic action plan to strengthen ties between India and Italy : Adolfo Urso
MUMBAI : The five-year strategic action plan to strengthen ties between India and Italy, unveiled by Prime Minister Shri Narendra Modi and his Italian counterpart Giorgia Meloni will
PSA and NUS launch supply chain living lab facilitating efficient and sustainable supply chain growt
SINGAPORE : PSA International (PSA) and National University of Singapore (NUS) announced the launch of the PSA-NUS Supply Chain Living Lab. Recognising the growing need for integrated solutions
GAIL signs first long-term time charter contract with “K” LINE for LNG ship
State-run GAIL (India) Limited has signed a long-term charter contract with Singapore-based Kawasaki Kisen Kaisha Ltd (“K” LINE), said the company on Friday. “Looking to expand its fleet
Drewry’s World Container Index down 2% last week
LONDON : Drewry’s World Container Index decreased 2% to $3,331 per 40ft container last week. Drewry’s detailed assessment for Thursday, 28 November 2024 Source : Drewry
Maersk names Newest Dual-Fuel Methanol Vessel “A.P. Møller” in Singapore
SINGAPORE : A.P. Moller – Maersk (Maersk) celebrated the arrival of its newest dual-fuel methanol container vessel in Singapore on Thursday, as part of her maiden voyage from