NEW DELHI : The Shipping Corporation of India Ltd (SCI) on Tuesday signed a Memorandum of Understanding (MoU) with Container Corporation of India Ltd (CONCOR), Jawaharlal Nehru Port Authority (JNPA), Sagarmala Finance Corporation Ltd,
HAMBURG: A.P. Moller – Maersk (Maersk) and Hapag-Lloyd have decided to change the routing of one of their shared services under the Gemini Cooperation, transitioning it through the Red Sea and the Suez Canal. All passages
LONDON: Inmarsat Maritime, part of Viasat (NASDAQ: VSAT) Communication Services, will install NexusWave across Auerbach’s fleet of newbuild heavy lift vessels to meet the German shipping company’s connectivity performance needs for its new generation
PORTSMOUTH: BAR Technologies welcomes theInternational Maritime Organization’s (IMO) decision to incorporate wind propulsion into its draft safety framework for greenhouse gas (GHG)-reducing technologies. The announcement follows the 12th session of the IMO’s Sub-Committee on
COPENHAGEN : Danish firm Maersk will temporarily operate two ports on the Panama Canal after a court ruled that contracts given to a Hong Kong firm were unconstitutional. The Panama Maritime Authority (AMP) announced
SINGAPORE : Ocean Network Express (ONE) has released its financial results for the third quarter of FY2025 (October to December 2025). The revenue for 3Q FY2025 was US$4,074 million, with a net loss of
RIO DE JANEIRO: With over 188 years of experience, Wilson Sons held a launch ceremony for the tugboat WS Halcyon this Thursday, January 29th, in Rio de Janeiro. It is the first of a
HAMBURG : Hapag-Lloyd has informed customers and stakeholders that commercial cargo transit operations at the Pakistan–Afghanistan border have been temporarily suspended due to the prevailing geopolitical situation between the two countries. As a consequence
LONDON: Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Oshima Shipbuilding Co., Ltd. for its multi-fuel-ready Ultramax bulk carrier design. The AiP covers a 64,000 dwt bulk carrier concept developed to accommodate
LONDON: SGX and EEX successfully completed the transfer of all open interest in the Baltic Panamax 4TC (P4TC) index to the Panamax 5TC (P5TC) index on 16 January 2026, with the migration executed smoothly