Red Sea disruption pushing up container values and rates
Container values have risen significantly across almost all sectors and age categories since the start of the year. Following an extended period of declines, where values fell steadily
Mawani announces a new shipping service by OOCL to Jubail Commercial Port
RIYADH : The Saudi Ports Authority “Mawani” has announced the addition of a new maritime shipping service by Orient Overseas Container Line (OOCL) to Jubail Commercial Port. This
Singapore retains maritime city top spot
SINGAPORE : The DNV and Menon Economics Leading Maritime Cities report saw only one change in the top five with Oslo replacing Tokyo in fifth position. The findings
GTMaritime facilitates to prepare for IACS unified requirements E26 and E27 on cyber resilience
WARRINGTON : At a time when rapid advancements in maritime connectivity and shipboard technology are leaving vessel networks increasingly vulnerable to attack, the International Association of Classification Societies’
Indian Govt issues fresh guidelines to protect ship movement in the Persian Gulf
NEW DELHI : The Indian government has put the country’s Navy on high alert to respond quickly to calls of distress from ships, both Indian and foreign flag
Major GST relief for Foreign Airlines, Shipping Lines on cards after elections
NEW DELHI : The government is working on easing the ‘related party transaction’ clause under the Goods and Services Tax (GST) , for foreign companies in India. This
CONCOR and PSA MESA signs MoU
NEW DELHI : Container Corporation of India (CONCOR) and PSA have signed an MoU on 18th April 2024, to explore collaboration in offering seamless and cost-effective end-to-end logistics
Israel and Iran tensions could impact India’s trade
NEW DELHI : Iran’s attack on Israel earlier this week has sparked tensions in the Middle East and beyond. India, which has friendly ties with both the countries, has expressed
Maersk issues Trade Advisory about their operations in Israel
COPENHAGEN : Maersk is continuing to keep a close eye on the ongoing geopolitical situation involving Israel, with the main aim of ensuring the safety and well being
PIL joins DCSA to advance container shipping digitalisation standards
SINGAPORE : Pacific International Lines (PIL) has joined the non-profit organisation, Digital Container Shipping Association (DCSA), to drive standardisation and digital innovation in the container shipping industry. DCSA’s