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 the Red Sea and the Strait
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 the kind of emergency that ought
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 it will target vessels connected to
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) and Mitsubishi Shipbuilding Co., Ltd. Ammonia, which
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. In a press release, the shipbuilding
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 Terminal at Visakhapatnam (Vizag) was inaugurated
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 awareness-raising events and technical proof-of-concepts, member
ClassNK conducts third-party verification on GHG emissions and environmental data of Tsuneishi Holdings and its 28 group companies
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 social issues including climate change, accurate