Saudi Red Sea Authority and NEOM signs MoU
RIYADH : Saudi Red Sea Authority (SRSA) has signed a memorandum of understanding (MoU) with NEOM. Under the terms of the agreement, the two parties will collaborate to
Chemical Challenger sets sail as first ship with Green Award’s GHG Label for innovative wind techn
ROTTERDAM : Green Award Foundation proudly announces that the Chemical Challenger, a chemical tanker operated by Chemship, has become the first vessel to receive the prestigious Green Award
APSEZ FY24 net profit jumps 50% – Delivers 3x the India cargo growth rate and a record volume
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (“APSEZ”) on Thursday announced its results for the quarter and twelve months ending 31 March, 2024. Particulars (Rs Cr) Q4FY24 Q4FY23
Indian Register of Shipping partners with MARIN to enhance technical expertise in shipbuilding
MUMBAI : The Indian Register of Shipping (IRS), a leading international ship classification society, signed a Memorandum of Understanding (MoU) with the Maritime Research Institute Netherlands (MARIN) recently,
Unlocking Maritime Futures : International Port & Marine Development Conference to spearhead ma
JEDDAH : In a transformative push for global maritime logistics, the International Port & Marine Development Conference, set for May 6-7, 2024, at the Jeddah Hilton Hotel, emerges
Legal Committee finalizes new guidelines on seafarer criminalization : IMO
LONDON : IMO’s Legal Committee has finalized a new set of guidelines to ensure seafarers are protected against unfair treatment if detained in foreign jurisdictions on suspicion of committing
Drewry’s World Container Index increased 1% to $2,725 per 40ft container this week
LONDON : The composite index increased 1% to $2,725 per 40ft container this week and has increased by 55% when compared with the same week last year. The
Baltic index edges up on gains in larger vessels
COPENHAGEN : The Baltic Exchange’s dry bulk sea freight index edged up on Wednesday, buoyed by an uptick in capesize and panamax vessel rates. The overall index, which
APSEZ secures AAA Rating – India’s First Private Infrastructure Developer with AAA Rating
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ), proudly announces revision of its credit rating to AAA by CARE Ratings. The top most rating signifies highest level
India & US to expand naval ship repair network
NEW DELHI : The US and India are auditing Kolkata Port as they are looking for a new Master Ship Repair Agreement (MSRA) that will allow US warships to access
