Houthis damage cargo ship in Gulf of Aden as it steps up attacks
CAIRO : Yemen’s Houthi rebels hit and damaged a Singapore-flagged container ship with two missiles on Friday as they escalate attacks on global shipping over Israel’s war in
Tussle between HMM and Samsung escalates
SEOUL : The legal wrangling between South Korea’s flagship carrier HMM and its compatriot conglomerate Samsung Electronics is deepening. After Samsung Electronics’ US branch filed a complaint with
Washington State Ferries selects ABB as propulsion single source vendor for five new hybrid ferries
ZURICH : ABB has been awarded a contract by Washington State Ferries (WSF) to serve as the propulsion single source vendor (PSSV) for its groundbreaking new hybrid electric
Kochi Water Metro model can be replicated in Kolkata, Mumbai, Guwahati, Goa : MoPSW
NEW DELHI : The Kochi Water Metro model could be adopted in various other locations, such as in Kolkata, Mumbai, Guwahati, and Goa, a senior Shipping Ministry official
Successful Technical Seminar on “Digitalisation & Use of AI for Efficiency Improvement of
MUMBAI : Indian Register of Shipping (IRS) and DMET MERI – Ex Cadets Association successfully hosted a Joint Technical Seminar on “Digitalisation & Use of AI for Efficiency Improvement
The Global Centre for Maritime Decarbonisation concludes its final biofuel blend supply chain trial
SINGAPORE : The Global Centre for Maritime Decarbonisation (GCMD) has successfully completed its final supply chain trial for biofuel blended with very low sulphur fuel oil (VLSFO). This
Suez Canal revenue drops as some shippers shun Red Sea
EGYPT : The Suez Canal‘s annual revenue dropped by almost a quarter in its latest financial year as some shippers switched to alternative routes to avoid attacks by
Dry bulk newbuild contracting fell 34.2%, despite a strong market : BIMCO
LONDON : “During the first half of 2024, newbuild contracting in the dry bulk sector fell 34.2% y/y despite favourable market conditions. A 6.5% y/y increase in prices
ITOCHU, Nihon Shipyard, ClassNK and MPA, signed MOU for joint study of ammonia fueled bulk carriers
TOKYO : ITOCHU Corporation, ClassNK, Nihon Shipyard Co., Ltd., and Maritime and Port Authority of Singapore (MPA) have signed a Memorandum of Understanding (MoU) regarding a joint study
‘China ready but I want India to do it’: Bangladesh PM Sheikh Hasina on key $1 billion r
DHAKA : Bangladesh Prime Minister Sheikh Hasina said her government would prefer neighboring India execute a $1 billion river development project, a move that would soothe New Delhi’s
