FIEO’S Pre-Budget proposal for FY’ 2024-25 by FIEO President
NEW DELHI : FIEO President (OFFICIATE) Mr. Israr Ahmed has announced FIEO’s Pre- Budget proposal for the upcoming Union Budget 2024-25. 1. R&D Support key to sustained Exports
Contracts signed for construction of World’s First Ammonia-Fueled Ammonia Gas Carrier
TOKYO : In December 2023, Nippon Yusen Kabushiki Kaisha (NYK), Japan Engine Corporation, IHI Power Systems Co., and Nihon Shipyard Co., Ltd. signed a series of contracts to
Maersk unveils World’s biggest Methanol-powered container ship
COPENHAGEN : Maritime giant AP Moller-Maersk has officially unveiled its new methanol-powered shipping container, the Ane Maersk, which is the world’s largest vessel capable of running on the green
Maersk to introduce Chennai Service linking Ennore, Colombo and ports in Middle East
COPENHAGEN : Danish Shipping Company Maersk has increased its focus on the Indian sub-continent and the Middle East to address the challenge in the Red Sea and Suez
Container shipping alliances – feel the quality not the breadth
SINGAPORE : With the formation of the Gemini Cooperation between Maersk and Hapag-Lloyd correspondent Nick Savvides examines how alliances may change their approach to customer service. Ocean Network
Xeneta forecasts freight rates to rise further in February amid Red Sea Crisis
OSLO : Early indications suggest ocean freight shipping rates are set to increase further in early February amid the ongoing Red Sea crisis, according to data released by
THE Alliance announces service network adjustments for 2024
HAMBURG : The setup of THE Alliance’s network has been reconfigured to ensure a comprehensive port coverage. The enhanced service setup will be effective from April 2024. One
Container rate surge slows as Chinese New Year approaches
SINGAPORE : Container rate levels are seeing the expected levelling out prior to Chinese New Year as the initial shock of the Red Sea crisis wanes and new
Hapag-Lloyd enters Gemini in unfavourable position : Linerlytica
HONG KONG : Hapag-Lloyd is disadvantaged in Gemini Cooperation, the upcoming collaboration between the German operator and its Danish peer Maersk Line, according to Linerlytica, which opined, “Hapag-Lloyd
Wallem Westminster partners with Adopt a Ship programme
MANILA : Wallem Westminster, Manila, is proud to partner with the IMO endorsed ‘Adopt a Ship’ programme (AaS). Working together with San Antonio Elementary School (SAES), Wallem Westminster’s