May 9, 2026
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Saudi Red Sea Authority and NEOM signs MoU

May 4, 2024 International Shipping, Foreign Ports, Logistics, Marine, Tourism, Trending News
RIYADH : Saudi Red Sea Authority (SRSA) has signed a memorandum of understanding (MoU) with NEOM. Under the terms of the agreement, the two parties will collaborate to develop legislation, regulations and technology in

Chemical Challenger sets sail as first ship with Green Award’s GHG Label for innovative wind technology use

May 4, 2024 International Shipping, Maritime, Shipping, Trending News
ROTTERDAM : Green Award Foundation proudly announces that the Chemical Challenger, a chemical tanker operated by Chemship, has become the first vessel to receive the prestigious Green Award GHG Label for CO2 reduction through

APSEZ FY24 net profit jumps 50% – Delivers 3x the India cargo growth rate and a record volume of 420 MMT

May 3, 2024 Maritime, Company, Ports, Private Port, Trade, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (“APSEZ”) on Thursday announced its results for the quarter and twelve months ending 31 March, 2024. Particulars (Rs Cr) Q4FY24 Q4FY23 Y-o-Y Change FY24 FY23 Y-o-Y Change

Indian Register of Shipping partners with MARIN to enhance technical expertise in shipbuilding

May 3, 2024 Shipping, Maritime, Trending News
MUMBAI : The Indian Register of Shipping (IRS), a leading international ship classification society, signed a Memorandum of Understanding (MoU) with the Maritime Research Institute Netherlands (MARIN) recently, demonstrating its commitment to meet the

Unlocking Maritime Futures : International Port & Marine Development Conference to spearhead maritime innovation and collaboration

May 3, 2024 Maritime, International Shipping, Ports, Trade, Trending News
JEDDAH : In a transformative push for global maritime logistics, the International Port & Marine Development Conference, set for May 6-7, 2024, at the Jeddah Hilton Hotel, emerges as a pivotal arena for ground-breaking

Legal Committee finalizes new guidelines on seafarer criminalization : IMO

May 3, 2024 Maritime, Trade, Trending News
LONDON : IMO’s Legal Committee has finalized a new set of guidelines to ensure seafarers are protected against unfair treatment if detained in foreign jurisdictions on suspicion of committing a crime.  The fair treatment of seafarers

Drewry’s World Container Index increased 1% to $2,725 per 40ft container this week

May 3, 2024 Maritime, International Shipping, Shipping Line, Trade, Trending News
LONDON : The composite index increased 1% to $2,725 per 40ft container this week and has increased by 55% when compared with the same week last year. The latest Drewry WCI composite index of

Baltic index edges up on gains in larger vessels

May 3, 2024 International Shipping, Maritime, Shipping Line, Trade, Trending News
COPENHAGEN : The Baltic Exchange’s dry bulk sea freight index edged up on Wednesday, buoyed by an uptick in capesize and panamax vessel rates. The overall index, which factors in rates for capesize, panamax

APSEZ secures AAA Rating – India’s First Private Infrastructure Developer with AAA Rating

May 2, 2024 Logistics, Company, Global Trade, Infrastructure, Maritime, Ports, Private Port, Shipping, Trade, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ), proudly announces revision of its credit rating to AAA by CARE Ratings. The top most rating signifies highest level of credit worthiness and the ability

India & US to expand naval ship repair network

May 2, 2024 Maritime, Defence, Ports, Ship Repair, Trending News
NEW DELHI : The US and India are auditing Kolkata Port as they are looking for a new Master Ship Repair Agreement (MSRA) that will allow US warships to access repair services at the port, according
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