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CONCOR signs MoU to form Bharat Container Shipping Line

NEW DELHI:In a significant step towards strengthening India’s container shipping capabilities and advancing maritime self-reliance, Container Corporation of India Ltd. (CONCOR) has signed a...

Maersk flags 2026 earnings hit as Suez return, overcapacity hit freight rates

COPENHAGEN : Danish shipping giant Maersk, opens new tab said on Thursday falling freight rates, driven by container-vessel overcapacity and the gradual resumption of...

DSV eyes lower freight rates, but port pressures as Red Sea routes resume

COPENHAGE : DSV the world's largest freight forwarder, said on Wednesday that a resumption of transit through the Red Sea should push freight rates...

SCI signs MoU to form Bharat Container Shipping Line, boosting India’s Maritime Self-Reliance

NEW DELHI : The Shipping Corporation of India Ltd (SCI) on Tuesday signed a Memorandum of Understanding (MoU) with Container Corporation of India Ltd...

Hapag-Lloyd and Maersk to transit Red Sea with one Gemini service

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...

Inmarsat Maritime to deliver NexusWave connectivity across Auerbach fleet of newbuild heavy lift vessels

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...

IMO Progress on Wind Propulsion Safety Framework signals major step forward for Maritime Decarbonisation

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...

Maersk to take over Panama Canal ports temporarily from HK firm after court ruling

COPENHAGEN : Danish firm Maersk will temporarily operate two ports on the Panama Canal after a court ruled that contracts given to a Hong...

Ocean Network Express releases financial results for FY2025 3rd Quarter

SINGAPORE : Ocean Network Express (ONE) has released its financial results for the third quarter of FY2025 (October to December 2025). The revenue for 3Q...

Wilson Sons launches tugboat to join a new series to meet demand from New Panamax ships

RIO DE JANEIRO: With over 188 years of experience, Wilson Sons held a launch ceremony for the tugboat WS Halcyon this Thursday, January 29th,...

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