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POSCO eyes KDB’s $5 bn stake in HMM to enter shipping industry

SEOUL : POSCO Group, South Korea’s largest steel and energy raw materials trader, has embarked on the process to acquire a controlling stake, worth...

PM Modi and Singapore PM Lawrence Wong to virtually inaugurate PSA Mumbai’s BMCT Phase-II Today

NAVI MUMBAI : In a landmark development for India’s maritime sector, Prime Minister Shri Narendra Modi and Prime Minister of Singapore Shri Lawrence Wong...

ZELIM urges adoption of Advanced Situational Awareness Technology to prevent Ship Collisions

EDINBURG: Zelim, the Edinburgh-headquartered maritime safety and security innovator, is calling for the mandatory adoption of advanced situational awareness technology to help prevent ship...

PSA Mumbai sets new all-time record with 243K TEU throughput in August 2025

NAVI MUMBAI: PSA Mumbai, one of the largest container terminal in India at Jawaharlal Nehru Port Authority (JNPA), has shattered its own volume records...

MatchLog and PIL strengthen partnership to scale container equipment optimisation in Singapore

MUMBAI: MatchLog, the world’s largest container-reuse platform, has collaborated with Pacific International Lines (PIL), one of Asia’s leading shipping companies, to scale container equipment...

Gibdock becomes major focus for offshore support vessel work

GIBRALTAR: Gibdock has completed a series of high-profile offshore support vessel (OSV) projects in recent months to consolidate its reputation for delivering exceptional and...

Kamarajar Port becomes India’s first Port to execute Automobile Transshipment

CHENNAI: In a landmark development for India’s maritime industry, Kamarajar Port Limited (KPL) has become the first Major Port in the country to undertake...

Drewry’s Intra-Asia Container Index down 2%

LONDON: Drewry’s Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, decreased 2% in the fortnight to 31 Aug 25...

Adani Ports flags off First Export Block Rake for ONE Line from Virochannagar ICD to Mundra Port

AHMEDABAD: In a groundbreaking move to bolster India’s supply chain, Adani Ports & Logistics with ONE Line flags off the first export block rake...

Turkey to close its Ports, Airspace for Israeli Ships, Planes

ANKARA: Turkey's top diplomat said Friday that Ankara had closed its ports and airspace to Israeli ships and planes, with a diplomatic source telling...
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