MARSEILLE : The 18,000 TEU container vessel CMA CGM Benjamin Franklin encountered severe weather off the coast of South Africa, resulting in the loss of 44 containers and damage to 30 more boxes. This
SINGAPORE : PSA Singapore (PSA), a major global transhipment hub, has significantly ramped up its capabilities to support increased activity and mitigate the impact of global supply chain disruptions since the beginning of 2024.
ROTTERDAM : X-Press Feeders, the world’s largest independent common carrier, has started Europe’s first scheduled feeder network in which the vessels are powered by green methanol, a sustainable marine fuel that reduces greenhouse gas
Over six months have passed since the Red Sea tensions began, and the ripple effects on maritime shipping and global supply chains have intensified. Ships continue to be temporarily diverted around the Cape of Good Hope,
BENGALURU : AVEVA, a global leader in industrial software, driving digital transformation and sustainability, has obtained the D-INF verification from DNV, a leading classification society, for its AVEVA PI System for Marine Class Compliance. The
THIRUVANANTHAPURAM : Vizhinjam, the country’s deepest transshipment hub, is set to welcome two back-to-back mother ships in July. First to arrive is the mothership San Fernando, anchoring on the 10th. San Fernando, a vessel
COPENHAGEN : Maersk has announced a revision of a peak season surcharge (PSS) from the Indian Subcontinent and Middle East to the United States West Coast. Maersk will revise the PSS for United Arab
LONDON : Trade from the Far East to a bloc of developing economies, especially South America, Africa and the Middle East/Indian Subcontinent, has risen dramatically and has emerged as a key driver of global
MUMBAI : The Jawaharlal Nehru Port Authority (JNPA) will be investing close to ₹100 crore for setting up India’s first pilot project for shore-electric-power-supply, to eliminate the use of diesel for powering ships that berth
DHAKA : Bangladesh and India want to use each other’s ports for trade with third countries, and as part of the plan, a delegation left Dhaka on Saturday to visit such facilities in the