Panama Canal’s net income rose to $3.45 Billion despite drought
PANAMA CITY : The Panama Canal’s profit increased about 9.5% in the fiscal year ended in September to $3.45 billion despite a severe drought that reduced the number of vessels that passed through the
Mormugao Port Authority recognized globally as an incentive provider on the Environmental Ship Index (ESI) platform
NEW DELHI : Mormugao Port Authority has gained global recognition by being listed as an incentive provider on the Environment Ship Index (ESI) portal, acknowledged by the International Association of Ports and Harbours (IAPH).
Ship owner in Baltimore bridge collapse agrees to pay $102 million for cleanup
WASHINGTON : The owner and manager of the cargo ship that caused the deadly Baltimore bridge collapse have agreed to pay more than $102 million in cleanup costs to settle a lawsuit brought by the Justice
Safety a key concern in transition to net zero shipping
LONDON : The drive to decarbonize shipping requires robust safety measures to protect the lives of seafarers dealing with novel technologies and alternative fuels. Delegates representing the global maritime community gathered in Barcelona, Spain
Drewry: World Container Index Down 4%
LONDON : Drewry’s World Container Index decreased 4% to $3,095 per 40ft container this week. Our detailed assessment for Thursday, 24 October 2024
Russia provided intel about Houthi attacks on ships sailing through Red Sea: Report
NEW YORK : The Yemeni Houthi rebel attacks earlier this year on the crucial trade supply line that passes through the Red Sea was aided by Russian intelligence, the Wall Street Journal reported. The attacks, which
ReCAAP Information Sharing Centre, Japan Coast Guard and Ministry of Foreign Affairs of Japan jointly organise meeting to enhance Regional Capability to Combat Piracy and Sea Robbery
TOKYO : The ReCAAP Information Sharing Centre (ISC), with the support of the Japan Coast Guard and Ministry of Foreign Affairs of Japan, on Friday concluded a five-day Capacity Building Executive Programme (CBEP) in
MoPSW takes precautionary measures in response to Cyclone “DANA”
NEW DELHI : In anticipation of Severe Cyclone “DANA,” the Ministry of Ports, Shipping & Waterways (MoPSW) has initiated comprehensive safety measures to safeguard the port, vessels, and personnel. The Minister of State for