LONDON : Maritime war risk premium in the Middle East could increase if the Israel-Iran conflict escalates following the latest Israeli attacks, market participants said June 13. “It all depends on how sustained the
OSLO : “Geo-politics is once again threatening the safety and stability of global supply chains so we must hope for de-escalation in the conflict between Israel and Iran, with concerns it could see a
KOCHI : The Kerala High Court has ordered the arrest of Liberian-flagged vessel MV MSC Manasa F, along with among others, its paraphernalia, furniture, etc., at present anchored in the Vizhinjam Port, on an
KOCHI : Kerala’s coastline will remain on high alert as the Indian National Centre for Ocean Information Services (INCOIS) has warned of possible environmental hazards in the wake of the fire aboard the container
KOCHI : The Director General of Shipping has issued a formal notice to MSC Ship Management for gross negligence in salvage operations of the sunken container vessel MV Elsa 3 off Kochi coast and
THE HAGUE : APM Terminals and SANY Marine have signed a Master Framework Agreement for the future supply of battery-electric terminal tractors to APM Terminals, marking a significant step in the company’s decarbonisation strategy.
PANAMA CITY : The head of the Panama Canal Authority has raised fresh concerns that a $23 billion global ports deal could jeopardize the neutrality of one of the world’s most strategic trade routes,
STOCKHOLM : Union Minister of Commerce and Industry, Shri Piyush Goyal, held a high-level meeting with Mr. Soren Toft, CEO of Mediterranean Shipping Company (MSC), during his two-day official visit to Sweden. The interaction
KOCHI : Indian Coast Guard ships on Wednesday continued to battle thick smoke after a massive blaze broke out aboard the Singapore-flagged container vessel MV WAN HAI 503 off the Kerala coast. The Director
MUMBAI : Shipping Corporation of India plans to set to start a coastal container shipping service between Kandla Port and VOC Port in Thoothukudi. This will be done by re-routing the SCI Middle East