CK Hutchison invested $1.7 bln in Panama, surpassing obligations, it says
LONDON : A company controlled by Hong Kong-based CK Hutchison has invested $1.7 billion in two ports near the Panama Canal, it said on last Wednesday, surpassing the amount required under its contract, which is
Global breakthrough to tackle shipping emissions
LONDON : Countries have agreed a global deal to tackle shipping emissions, after nearly ten years of negotiations. The agreement covers the vast majority of the world’s commercial shipping and means that starting in
Supply chain fraud – the dangers of granting extended credit
LONDON : Fraudulent strategies can prove extremely profitable to the international criminal fraternity and the global supply chain is typically low risk due to the remote nature of the actual physical theft of goods. TT
Drydocks World & Cochin Shipyard unite to strengthen India’s Maritime Infrastructure
MUMBAI : Drydocks World, a DP World company and a leading service provider for the maritime and offshore oil and gas, and renewable energy industries globally, has signed a Memorandum of Understanding (MoU) with
Indian Register of Shipping sets Indian Record for Largest Corporate Flag Made On Cloth
MUMBAI : On the occasion of its 50th Foundation Day on 4th April 2025, the Indian Register of Shipping (IRS) achieved a remarkable milestone by setting an Indian record for the ‘Largest Corporate Flag made
Global Shipping Walks the Plank – IMO Reaches Consensus but Falls Short on Ambition
LONDON : The International Maritime Organization (IMO) met this week to finalise measures for its greenhouse gas (GHG) strategy – yet ambition fell short. Marine NGO Seas At Risk expressed deep concern over the
Fossil fuels set to be the minority of energy used in international shipping by 2040
LONDON : The IMO’s Marine Environment Protection Committee 83rd meeting has concluded with a weak agreement on mid-term measures that does not reduce the sector’s emissions in line with targets in the IMO’s revised
Centre greenlights water metro feasibility study in three cities; Assam CM thanks Sonowal
GUWAHATI : Assam Chief Minister Shri Himanta Biswa Sarma, on Wednesday, expressed gratitude to Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal, for approving a technical feasibility study to explore water metro