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November 8, 2024

Ramesh S Ramakrishnan honored with the prestigious “The Maritime Standard Hall of Fame Award”

Logistics, International Shipping, Maritime, Shipping, Shipping Line, Trade, Trending News
DUBAI : Transworld Group of Companies are proud and excited to share that Chairman, Ramesh S Ramakrishnan, has been honored with the prestigious “The Maritime Standard Hall of Fame Award” from the Maritime Standard Awards
November 8, 2024

Trump’s victory in the US will likely disrupt container shipping industry

International Shipping, Export - Import, Global Trade, Logistics, Shipping Line, Trending News
OSLO ; Donald Trump’s victory in the US 2024 presidential election is a will likely disrupt industry for international trade as importers fear another spike in ocean container shipping freight rates, according to ocean
November 8, 2024

APM Terminals receives largest containership in Lagos

International Shipping, Container Terminal, Foreign Ports, Shipping Line, Trade, Trending News
LAGOS : APM Terminals Apapa has celebrated a historic achievement as the largest container ship ever to visit Nigeria’s Lagos Port Complex Apapa docked at its terminal on Wednesday. In a statement released by
November 8, 2024

Trump’s Re-Election is set to reshape U.S. Container Trade dynamics

Container, Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
NEW YORK : With Donald Trump’s return to the White House anticipated, the U.S. container trading industry faces a new landscape of both opportunity and complexity. As his administration seems almost certain, policy shifts
November 8, 2024

IMO heads to COP 29 to promote net-zero framework for shipping

International Shipping, Maritime, Shipping, Shipping Line, Trade, Trending News
LONDON : Secretary-General Arsenio Dominguez will lead IMO’s delegation to the annual UN Climate Change Conference (COP 29) to be held in Baku, Azerbaijan, from 11 to 22 November 2024.  The 29th Conference of the
November 8, 2024

DNV Grants Approval in Principle to HD Hyundai Heavy Industries for Ammonia DF large container vessel

International Shipping, Container, Maritime, Shipping Line, Trade, Trending News
SEOUL : DNV has awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for its 15K ammonia fuelled container vessel design. This milestone follows the successful completion of a joint
November 8, 2024

Baltic Index gains as Capesize rates rise

International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index rose on Thursday, supported by gains in the capesize vessel segment. The index, which factors in rates for capesize, panamax and supramax shipping vessels,
November 8, 2024

ClassNK awards first-ever notation for installing Hydroponic Vegetable Grower for Ship to improve seafarers’ living conditions

International Shipping, Maritime, Shipping Line, Technology, Trending News
TOKYO : ClassNK has granted its ‘ELW (HP)’ (Excellent Living and Working Environment (Hydroponics)) notation to ‘ROYAL LAUREL’, a bulk carrier owned by Tokei Kaiun Ltd. The vessel becomes the first in ClassNK registry to
November 7, 2024

Hapag-Lloyd orders 24 new container ships

Container, International Shipping, Logistics, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd has signed two contracts with two Chinese shipyards for a total of 24 new container ships. Of these, 12 newbuildings – each with a capacity of 16,800 TEU – will be
November 7, 2024

Syngenta and Maersk extend partnership in more sustainable and innovative supply chain solutions

Logistics, Economy, Global Trade, Shipping Line, Trending News
BASLE : Syngenta Crop Protection, a global leader in agricultural innovation, and Maersk, a global integrator of logistics, announced today the extension of their fourth-party logistics (4PL) partnership for an additional five years. This
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