TOKYO : Japanese shipping major Mitsui O.S.K. Lines (MOL) is set to open a new office in Washington, D.C., U.S., through its subsidiary MOL (Americas), even as tariffs continue to roil global trade and
TOKYO : ClassNK has released ‘Prime Shipmanagement Guidelines’ which aim to achieve sustainable ship management with safety as the highest priority. Evolving environment surrounding ship management, including fuel transition, stricter regulations, and crew shortage,
MUMBAI : JNPA proudly welcomed CMA CGM’s first Indian-flagged vessel CMA CGM Vitoria at the Nhava Sheva Free Port Terminal. With this, CMA CGM becomes the first major global carrier to sail under the
WASINGTON D.C. : New analysis from S&P Global, released Monday by the World Shipping Council, highlights the critical role of the liner shipping industry in the U.S. economy. The report independently quantifies the annual
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index rose to scale an over-three-week high on Monday due to an increase in larger vessel rates. The main index, which monitors rates for capesize,
MARSEILLE : CMA CGM, a leading worldwide shipping company, has now become the controlling shareholder of Santo Brasil Participações S/A, after securing a 51% stake in the company. The finalisation of the deal was
SINGAPORE : Pacific International Lines (PIL) has named its first 8,200 TEU LNG dual-fuel containership, Kota Oasis. The vessel was named by Mrs Cindy Chang, wife of Mr. Peter Chang, PIL’s Deputy Chairman, at
NEW DELHI : In a significant achievement for India’s inland water transport (IWT) sector, the Inland Waterways Authority of India (IWAI) reported a record-breaking cargo movement of 145.5 million tonnes in the fiscal year
GENEVA : Maritime transport moves over 80% of goods traded worldwide. Country-level seaborne trade data is vital for shaping better transport, trade and investment policies. UN Trade and Development (UNCTAD) on 15 April released
LONDON : The International Association of Dry Cargo Shipowners (INTERCARGO) welcomes the recent decision at the International Labour Organization (ILO) to officially recognise seafarers as key workers under the Maritime Labour Convention (MLC). This