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DNV and HD Hyundai Heavy Industries sign MOU for optimized 200K cbm LNG Carrier Design

MILAN: DNV and HD Hyundai Heavy Industries (HD HHI) have signed a Memorandum of Understanding (MOU) to collaborate on the development and verification of...

Xeneta Weekly Ocean Container Shipping Market: Far East into Europe and the US declined last week

OSLO: • The average spot rates from Far East into both Europe and North America all declined steadily from a week ago. This follows...

Drewry: World Container Index down 3% last week

LONDON: For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. If your organisation is considering index-linked contracts...

Baltic Index climbs to over One-Month High on gains across all Vessels

LONDON: The Baltic Exchange’s dry bulk sea freight index rose to its highest in more than a month on Friday, supported by higher rates...

India’s Logistics Sector balances Tariff Shocks with Transformational Reforms: Rubix Data Sciences Report

MUMBAI: India’s logistics sector is undergoing a pivotal transformation, with bold domestic reforms offsetting turbulence in global trade. The newly introduced Indian Ports Bill,...

Shipping Corporation of India inducts second very large gas carrier ‘Shivalik’

MUMBAI: Adding to its fleet, the Shipping Corporation of India Ltd (SCI) has inducted 'Shivalik', the second Very Large Gas Carrier (VLGC), on Wednesday,...

Transporters announce Indefinite Strike at Kandla and Mundra Ports from September 12

GANDHIDHAM: Trade operations at two of India’s busiest ports, Kandla and Mundra, are set to come to a standstill as transporters in the region...

Support grows for India’s new maritime CCTV rules

EDINBURG: Zelim is calling on international regulators and flag states to follow India’s lead on enhancing maritime safety and security, following the country’s introduction...

Lloyd’s Register awards AiP for 174K LNG Carrier with Wind Challenger technology

LONDON: Lloyd’s Register (LR) has granted Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for the design of a 174,000m³ LNG carrier equipped...

KR Grants AIP to HD Hyundai’s LNG Boil-off Gas Treatment System

MILAN: KR (Korean Register) announced on September 10 at Gastech 2025 that it has granted an Approval in Principle (AIP) for an LNG Boil-off...
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