Sri Lankan government invests US$132 million in port development
COLOMBO : The Sri Lankan government will spend around US$132 million on port development projects, as stated by the minister of ports, shipping, and aviation Nimal Siripala de
Guyana’s shore base project could cut shipping costs by about 12%
GEORGETOWN : Companies working on a $300 million logistics facility in Guyana that will support offshore oil operations the shore base will help reduce shipping costs for supplies
Syama Prasad Mookerjee Port, Kolkata handled an all-time highest record Cargo Traffic of 54.254 Mill
KOLKATA : Shri P. L. Haranadh, Chairman, Syama Prasad Mookerjee Port, Kolkata (SMP Kolkata) said that SMP Kolkata handled an all-time highest record Cargo Traffic of 54.254 Million
Baltic index falls for seventh straight week
LONDON : The Baltic Exchange’s main sea freight index edged higher on Friday but declined for the seventh straight week on lower demand for larger vessels, while the
Unlocking opportunities for Green Shipping in Africa : IMO
LONDON : A Green Shipping conference in Accra, Ghana (15-16 February), provided a forum to discuss opportunities and challenges for African countries in the decarbonization of international shipping.
EPS completes groundbreaking installation of carbon capture solution
SINGAPORE : Eastern Pacific Shipping (EPS) has successfully installed a fully integrated carbon capture solution from Value Maritime on one of its vessels. Value Maritime’s Filtree system has
Govt keen to utilise India Ports Global for running ports secured overseas on G2G basis
NEW DELHI : The Union government is veering around to the view that it should utilise India Ports Global Ltd to own and run ports secured overseas on
Ocean Network Express and Seaspan Corporation conclude Second Joint Crisis Management Drill
SINGAPORE : Ocean Network Express (‘ONE’) and Seaspan Corporation (‘Seaspan’) concluded their second joint crisis management drill on 14 February 2023. Building on lessons learned from the inaugural
Yang Ming Marine Transport may choose Hyundai Heavy Industries for newbuildings
SEOUL : Hyundai Heavy Industries (HHI) is tipped to be chosen to build the five 15,000 TEU LNG-powered container ships being planned by Taiwan’s Yang Ming Marine Transport.
Door To Deck Global Marine Logistics (D2D) joins forces with Marinetrans
NORWAY : Marinetrans (part of GTS Group), a logistics service provider specialized in supply chain solutions for ship owners and ship management companies, has acquired Door To Deck