Bahri posts solid growth in first 9 months; net profit up 40%
RIYADH : The National Shipping Company of Saudi Arabia (Bahri), the kingdom’s leading shipping and logistics provider, announced its financial results for the third quarter and the first
Japan plans automated cargo transport system to relieve shortage of drivers and cut emissions
TOKYO : Japan is planning to build an Automated Cargo Transport Corridor between Tokyo and Osaka, dubbed a “conveyor belt road” by the government, to make up for
Shanghai gears up to build digital, intelligent & green international shipping center
SHANGHAI : Shanghai, an east China business hub, is gearing up to build itself into a digital, intelligent and green international shipping center. Currently, quality shipping-related resources are
Egypt reports $6B loss from Houthi attacks on commercial shipping
CAIRO : Egyptian Foreign Minister Badr Abdel Aati announced that Houthi attacks on commercial vessels transiting through the Bab al-Mandeb Strait and the southern Red Sea have inflicted
Autonomous vessel to sail 1,500 km from Mumbai to Tuticorin
MUMBAI : Defence Minister Shri Rajnath Singh on Tuesday (October 29, 2024) virtually flagged-off the Sagarmala Parikrama, a 1,500-km-long passage by an autonomous surface vessel, manufactured by Sagar
LR awards maritime industry’s first enhanced antifouling type approval to GIT Coatings
LONDON : Lloyd’s Register (LR) has awarded the maritime industry’s first Enhanced Antifouling Type Approval to GIT Coatings. The development of this new type of approval sets a new
Saudi Arabia launches new shipping route ‘Arabian Gulf-India’
RIYADH : Folk Maritime Services Company, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), recently launched a new regional shipping route, “India-Arabian Gulf Service.” The shipping route connecting key GCC
European Space Agency launches the DECARDIS project with Awake.AI, ABB and Wallenius Marine to optim
PARIS : The European Space Agency (ESA) has initiated a new flagship project, Decarbonization through the Digitalization in Shipping (DECARDIS), together with optimization platform company Awake.AI, technology leader
Chinese shipyard signs yuan-based deals for 12 vessels
SHANGHAI : Shanghai-based Hudong-Zhonghua Shipbuilding Co, a subsidiary of China State Shipbuilding Corp, signed yuan-based contracts to build 12 large container ships within the past 10 days. On
Strengthening Aatmanirbharta : GRSE secures Rs 491 Crore research vessel order from NPOL
KOLKATA/KOCHI : In recognition of its capability to build highly-specialised vessels, Garden Reach Shipbuilders and Engineers (GRSE) Ltd signed a contract with the Naval Physical and Oceanographic Laboratory