The Hood set to revolutionise connections in the maritime sector
The maritime industry is on the verge of a new era in connectivity with the launch of The Hood, a social platform built with a bold mission: to
Captain Avhilash Rawat and his crew win Maritime ‘exceptional bravery’ Award in UK
LONDON : Captain Avhilash Rawat has received the 2024 International Maritime Organisation’s (IMO) Award for Exceptional Bravery at Sea for the “extraordinary courage” shown in a Red Sea
MSC’s LNG-powered containership duo launched in China
ZHEJIANG : China’s Zhoushan Changhong International Shipyard has launched MSC’s LNG dual-fuel containerships. According to a statement by the shipbuilder, MSC Leila and MSC Insa were floated out
Trade Tech helps clients achieve ICS2 ENS Compliance as December 4 Deadline Day arrives
SEATTLE : Trade Tech, Inc., a global logistics platform, is proud to announce its key role in enabling its clients to meet the EU’s Import Control System 2
Government introduces Coastal Shipping Bill in Lok Sabha to boost India’s sea power
NEW DELHI : The government on Monday, December 2 introduced a bill in the Lok Sabha aimed at modernising and streamlining the shipping industry. The Coastal Shipping Bill,
Maersk completes order of 20 dual-fuel vessels
COPENHAGEN : A.P. Moller – Maersk (Maersk) has signed agreements with three yards for a total of 20 container vessels equipped with dual-fuel engines. Combined, the vessels have
Hapag-Lloyd breaking ground in Uganda
KAMPALA : Hapag-Lloyd on Monday opened its new office in the city of Kampala, the capital of Uganda. Strategically situated, Uganda provides excellent connections to five neighboring countries
Global shipping costs to remain high amid tariff threats, Red Sea challenges
KUALA LUMPUR : Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry,
Baltic index hits over 1-year low on weaker rates across vessels
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to near 15-month low on Monday, dragged down
Drewry’s World Container Index down 2% last week
LONDON : Drewry’s World Container Index decreased 2% to $3,331 per 40ft container last week. Drewry’s detailed assessment for Thursday, 28 November 2024 Source : Drewry