SEOUL : South Korea is pursuing an ambitious project to launch the world’s first green shipping route. And 9,000 TEU methanol-fueled container ships being built by the country’s flagship carrier HMM is expected to
SINGAPORE : PSA unboXed — the corporate venture capital arm of PSA International — has partnered with Singapore-based energy storage solutions provider VFlowTech. This strategic investment will allow PSA unboXed to tap VFlowTech’s expertise in energy
HONG KONG : Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Seaspan Corporation for its innovative Next Generation Feeder Ship Design (render pictured). The vessel, measuring 198 m in length and developed
HALDIA : The Indian Coast Guard (ICG) organised a ‘Pollution Response Seminar and Mock Drill’ at the Headquarters Coast Guard District No. 8 (West Bengal) in Haldia on May 22-23, 2024. The event gathered
NEW DELHI : Indian Naval Ships Delhi, Shakti and Kiltan visited Manila, Philippines as part of Operational Deployment of the Indian Navy’s Eastern Fleet to South China Sea. The visit demonstrated India’s strong ties
NEW DELHI : “The Indian Telecom Sector has witnessed significant progress in the recent years. There are several Indian companies which have been designing, manufacturing and exporting telecom equipment. Telecom equipment designed and manufactured
SINGAPORE : After six consecutive quarters of falling profits, container lines rebounded in the first quarter 2024 with rate support from geopolitical disruption. Container line earnings have been on a downward trajectory since the
SINGAPORE : Given as much as 90% of international trade is transported across oceans, maritime safety is critical. Thirty years ago, the global shipping fleet lost around 200 large vessels a year. This total
NEW DELHI : Following successful agreements for Chabahar Port in Iran and Sittwe in Myanmar, India is set to operate a terminal at Mongla port in Bangladesh. This will be the third overseas port operation by
PATNA : Finance Minister Smt. Nirmala Sitharaman said at a televised press briefing here on Tuesday that,a policy aimed at making minerals priced at the same level across the country that existed for four