NEW DELHI : According to a report by Jefferies, India’s port sector, especially the container volume, is likely to be significantly impacted by the US tariff and the potential global growth slowdown.“Container volumes at
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index on Wednesday slipped to a six-week low as rates for capesize vessels dipped. The main index, which tracks rates for capesize, panamax and supramax
MUMBAI : In a landmark event, a meticulously reconstructed 5th-century wooden stitched ship was launched into the waters of the Mandovi River in Goa. This endeavour, a collaborative effort between the Ministry of Culture,
BARCELONA : Evelyn Maersk set an important milestone in the history of APM Terminals Spanish Gateways as the largest vessel to call at the terminals in Valencia and Barcelona. The successful performance of the
LONDON : At last week’s landmark MEPC 83 meeting, the International Maritime Organization (IMO) Member States assumed responsibility and agreed on a medium-term greenhouse gas reduction measure that differs from the levy-based approach INTERCARGO
LONDON : BIMCO has drafted a paper to submit to the Conference of the Parties to the Basel Convention (BC COP-17), asking for more clarity and for obstacles to be removed as the Hong
SINGAPORE : The 83rd session of the IMO’s Marine Environment Protection Committee (MEPC 83) approved new requirements on greenhouse gas (GHG) fuel intensity, in combination with a pricing and reward mechanism, taking effect from
HAMBURG : CM Technologies, the Germany-headquartered specialist in marine engine performance diagnostics, has secured a substantial order for its flagship PREMET X analyser from a leading Cypriot shipmanager. The order for 19 PREMET X
LONDON : Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat’s fully managed bonded connectivity service, NexusWave, on board the chemical tankers Caribe Maria and Caribe Luna: as the US-based company seeks
ROTTERDAM : DataMondial, a leading player in the world of data and document processing, proudly announces the launch of its latest innovative service: an AI-powered robotisation system for processing ocean freight rates. This new