DP World welcomes weekly MJI service in Nhava Sheva
MUMBAI : DP World, a global leader in providing end-to-end logistics solutions, welcomed the maiden voyage of M.V. Celsius New Orleans at its terminal in Nhava Sheva earlier
Shipping industry could lose $10 billion a year battling climate change by 2050
NEW YORK : Severe drought has caused water levels in the Mississippi River to drop so low that ships have been running aground. To keep commerce flowing, the
NYK commences conversion to Ammonia Fuel for Pioneering Tugboat
Commencing modification to sail the World’s first ammonia-fueled vessel TOKYO : NYK has commenced conversion of the liquefied natural gas (LNG) fueled tugboat Sakigake to an ammonia-fueled tugboat
Freight rate slide on trades out of India continues amid persistent demand pressure
MUMBAI : Container freight rates across trades out of India have seen no noticeable recovery signs for carriers in October, according to the latest market analysis by a
CMA CGM increases rates on Transatlantic trade
MARSEILLE : French ocean carrier CMA CGM announced adjustments on its rates, due to the “unsustainable rate levels” reached on the Transatlantic trade, effective from November for all
Mawani boosts Maritime Links with addition of CMA CGM’s India Gulf Express Service to King Abd
RIYADH : The Saudi Ports Authority (Mawani) has announced the addition of the India Gulf Express freight service, operated by the French container carrier CMA CGM, to King
Höegh Autoliners sheds one car carrier and buys another
NORWAY : Norwegian car carrier player Höegh Autoliners has reached an agreement for the sale of one and the acquisition of another vessel. Höegh said on Monday that
No stamp duty on SCI’s unit SCILAL demerger
MUMBAI : The government has crossed a key stage in its bid to get state-owned Shipping Corporation of India Land and Assets Ltd (SCILAL) listed, which will pave
ONE launches New Indian Ocean Mediterranean Service
SINGAPORE : Ocean Network Express (ONE) announces the new Indian Ocean Mediterranean service (IOM). This new service connects India, Pakistan and the Middle East with the Mediterranean region
MSC celebrates South African milestone
GENEVA : In a heartfelt ceremony for clients and colleagues hosted by Mediterranean Shipping Company, the first social gathering of its kind since the Covid-19 outbreak almost four