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 by as much as 12% by
Syama Prasad Mookerjee Port, Kolkata handled an all-time highest record Cargo Traffic of 54.254 Million Tonnes
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 Tonnes(MT) during the April 2022 to
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 capesize segment marked its worst weekly
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. Key drivers of change include an
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 been installed on the tanker Pacific Cobalt
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 government-to-government (G2G) basis as New Delhi
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 joint drill in December 2021, representatives
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. Alphaliner, in its report released, said