Major GST relief for Foreign Airlines, Shipping Lines on cards after elections
NEW DELHI : The government is working on easing the ‘related party transaction’ clause under the Goods and Services Tax (GST) , for foreign companies in India. This
Indian woman cadet aboard cargo vessel seized by Iran returns home : MEA
COCHIN : Ms. Ann Tessa Joseph, a woman cadet who was among the 17 Indians onboard container vessel MSC Aries that was seized by Iranian military over the weekend, returned to Cochin on Thursday. Iran has agreed to release the
Maersk issues Trade Advisory about their operations in Israel
COPENHAGEN : Maersk is continuing to keep a close eye on the ongoing geopolitical situation involving Israel, with the main aim of ensuring the safety and well being
Ocean Network Express launches Green Shipping Solution – ONE LEAF+
SINGAPORE : Ocean Network Express (ONE), a leading global shipping company, announced the launch of its reduced emissions shipping service – ONE LEAF+, designed to meet the shared
PIL joins DCSA to advance container shipping digitalisation standards
SINGAPORE : Pacific International Lines (PIL) has joined the non-profit organisation, Digital Container Shipping Association (DCSA), to drive standardisation and digital innovation in the container shipping industry. DCSA’s
BSM launches Smart Academy programme innovating maritime education
HAMBURG : Bernhard Schulte Shipmanagement (BSM) introduces a new educational programme for future seafarers. BSM Smart Academy is a collaboration with selected maritime universities worldwide with the goal
Sea-Intelligence reports sharp drop in blank sailings
COPENHAGEN : Spot rates have experienced a continuous decline over the past several months. In response, shipping lines face two possible strategies. One option is to increase blank
Setting Sail for the Future: Hapag-Lloyd unveils its new Strategy 2030
HAMBURG : Hapag-Lloyd today announces its Strategy 2030, a comprehensive roadmap charting the course for the company’s pursuit in quality leadership, sustainability, innovation, and operational efficiency in a
COVID pandemic wiped 24.6 million TEU off container market growth : BIMCO
LONDON : “Due to the COVID-19 pandemic, the global container market grew only 1.5% from 171.0 million TEU in 2019 to 173.5 million TEU in 2023. Without the
HMM to double fleet by 2030 in major expansion plans
SEOUL : HMM will double its fleet to 240 vessels by the end of the decade, it has revealed in its mid-to-long-term strategy published shortly after a sale of