IBF to establish a High-Risk Area in the Red Sea
Following the incidents in the Red Sea and the Bab El-Mandeb strait since 19th November 2023, the International Bargaining Forum (IBF) have agreed to designate the southern section of
Suez,a crisis-waiting to happen, forces shippers to be ready any moment
Houthi attacks on civilian vessels, strategies to reroute ships, and the need for a 40-nation strong military alliance to guard 15% of the world’s maritime traffic sounds like
Many carriers still sending ships via Suez
Over 80 container ships still transiting the Red Sea and Suez Canal ,Vessel tracking shows that even after the raised threat from the Houthi Movement, which has warned
ClassNK issues approval in principle (AiP) for MOL’s FSRU
TOKYO : ClassNK has issued an Approval in Principle (AiP) for an Ammonia FSRU (Ammonia Floating Storage and Regasification Unit) jointly developed by Mitsui O.S.K. Lines, Ltd. (MOL)
Cochin Shipyard wins Defence Ministry contract worth ₹488 crore
KOCHI : Cochin Shipyard Limited has signed a Rs 488.25 crore contract with the Ministry of Defence for repair and maintenance of equipment and systems onboard naval vessels.
Vizag Port encourages cruise lines to visit terminal
VISAKHAPATNAM : Visakhapatnam Port Authority is inviting cruise lines to plan calls ‘without hesitation’ following the launch of its cruise terminal in autumn. The new facility of Cruise
Future International Trade (FIT) Alliance: 2023 in review
AMSTERDAM : This year, the Future International Trade (FIT) Alliance has been busy in its continued pursuit of the digitalisation of international trade. From a far-reaching declaration with more than 100 signatories, to
ClassNK conducts third-party verification on GHG emissions and environmental data of Tsuneishi Holdi
TOKYO : ClassNK has verified the measurement reports of GHG emissions and environmental data of Tsuneishi Holdings Corporation and 28 group companies and issued verification statements. To address
Paradip Port breaks its own record for swiftest climb to 100 MMT Cargo Handling among Indian Major P
PARADIP : Paradip Port achieved yet another 100 Million Metric Tonnes (MMT) of cargo handling, in shortest time, in its history, showcasing the Port’s unwavering commitment to excellence
Adani Ports may shut Krishnapatnam box terminal as volumes plunge
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) will likely to shut the container business at Krishnapatnam Port in Andhra Pradesh as a steep fall in volumes and