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Evaluation and financing is provided to Uyeno Transtech Ltd. based on “Zero-Emission Accelerating Ship Finance”

TOKYO: Under Zero-Emission Accelerating Ship Finance (“the Program”), which is jointly operated by Development Bank of Japan Inc. (DBJ) and ClassNK, ClassNK evaluated the...

Sagarmanthan – The Great Oceans Dialogue to Lead Global Discourse on Sustainable Ocean Governance at IMW 2025

NEW DELHI: In a landmark initiative, the Ministry of Ports, Shipping and Waterways (MoPSW) will host ‘Sagarmanthan – The Great Oceans Dialogue’ during India...

Piyush Goyal leads India’s delegation at the XVIth Session of UNCTAD in Geneva

GENEVA : Union Minister of Commerce and Industry, Shri Piyush Goyal, attended the XVIth Session of the United Nations Conference on Trade and Development...

HMM orders $2.8 billion fleet of LNG-fueled containerships and VLCCs

SEOUL : South Korean Shipping Line HMM has placed a KRW 4 trillion (US $2.814 billion) newbuilding order for vessels that will significantly expand...

European logistics firms face impact from falling freight rates

LONDON : European shipping and logistics firms are under pressure heading into third-quarter earnings season, as analysts trim profit forecasts to reflect falling freight...

Israel-Hamas ceasefire will not bring global freight fleet back to Red Sea quickly

COPENHAGEN: Maritime experts and shipping industry insiders are not expecting a return of ocean carriers to the Red Sea anytime soon, despite the Israel-Hamas...

Japan-India Maritime Exercise (JAIMEX) 2025

YOKOSUKA : Indian Naval Ship (INS) Sahyadri, an indigenously built Shivalik-class Guided Missile Stealth Frigate, participated in the Sea phase of JAIMEX-25 (Japan India...

BIMCO to develop standard clause addressing Chinese port fees

LONDON: BIMCO has initiated the development of a clause specifically addressing the new fees introduced on 14 October 2025 for US-related ships calling at...

IMO : New publications supports global action on underwater noise from shipping

LONDON : Awareness of underwater radiated noise (URN) from shipping has grown significantly in recent years. This type of noise - emitted by ships...

ClassNK issues Technology Qualification (TQ) for ‘SAS-IBS’ developed by Samsung Heavy Industries

TOKYO: ClassNK has issued a Technology Qualification (TQ)*1 for 'SAS-IBS', one of the components of the 'Samsung Autonomous Navigation Assistance System (SAS)'*2 developed by Samsung Heavy...
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