LONDON: Fitch Ratings has maintained its deteriorating outlook for the global shipping sector, reflecting geopolitical and policy risks, according to an Outlook report released today. The sector will
This breakthrough marks a decisive step forward in the digitalisation of ship classification and compliance. LONDON: Lloyd’s Register (LR) and Latsco have successfully completed a proof-of-concept for a new standard in digital class assurance with data-driven
MUMBAI : In a significant development for India–Europe maritime connectivity, Luka Koper (Port of Koper), Slovenia’s premier multipurpose port, has entered into an Agreement on Business Cooperation with
NEW DELHI : India is preparing to take a major leap toward maritime self-reliance with the planned launch of the Bharat Container Shipping Line, a new national carrier
COPENHAGEN : Maersk has announced that building on a successful initial trial, the company will now blend 50% ethanol with 50% methanol in a test onboard the vessel
LONDON: The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for vessels transporting dry bulk commodities, extended losses on Monday, weighed down by weaker rates across
NEW DELHI: A team of negotiators from the U.S. will visit India on December 10-12 to take forward talks on the first tranche, dealing with tariffs, of a
HAMBURG: There is no specific timeline for when the shipping industry will resume sailing through the Suez Canal, but any return would be gradual, the Chief Executive of
OSLO: Major carrier CMA CGM has announced its INDAMEX service will transit Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East Coast in a notable
HOUSTON: Rates for shipping containers from east Asia and China to the US were mixed this week as import demand remains soft, capacity ample, but some rate hikes