Red Sea attacks compel at least 65% of Indian exports shipments to Europe to take longer routes
NEW DELHI : At least 65 percent of Indian export shipments to Europe are taking the longer route via the Cape of Good Hope on the southern tip
NEW DELHI : At least 65 percent of Indian export shipments to Europe are taking the longer route via the Cape of Good Hope on the southern tip
COPENHAGEN : The ocean carriers find their service networks extremely volatile and prone to rapid alterations, as the Red Sea crisis is still ongoing and the developments are
Methanol surpassed liquefied natural gas (LNG) as the preferred alternative fuel choice for newbuild vessels in 2023, marking a significant milestone in the shipping industry’s efforts to decarbonize.
GENEVA : As informed, the vessel MSC Anita was named and delivered on January 9. According to the shipbuilder, the vessel, which is the second boxship delivered to
FLORIDA : 2024 is off to a strong start for Intermarine, where the multi-purpose carrier is gearing up for a dynamic year ahead. As the foremost operator in
COPENHAGEN : Maersk Line, which had not been as aggressive as its rivals in ordering newbuildings, is now finding itself short of Neo-Panamax ships as more vessels are rerouted
LONDON : “In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU
HAIFA : ZIM Integrated Shipping Services has entered into an agreement with Hoopo Systems for the extensive deployment of advanced tracking devices across its dry container fleet. According
HAIFA : On 8 January 2023, ZIM Integrated Shipping Services unveiled an enhancement to its ZMP Service, a pivotal route linking Asia with East Mediterranean. The latest development
HONG KONG : COSCO-owned Orient Overseas Container Line (OOCL) has seen a huge 49% decrease in its fourth quarter revenues, compared to 2022 Q4, reporting US$1.62 billion. In