Panama Canal sees spike in vessel traffic due to war in Middle East
PANAMA CITY : The Panama Canal Authority, an autonomous agency that runs the major freight channel through Central America, on Tuesday said the U.S.-Iran war in the Middle East should cause more shipments to
MoPSW initiates for green transformation of ports and maritime infrastructure
NEW DELHI : The Union Minister of Ports, Shipping, and Waterways, Shri Sarbananda Sonowal, informed in a written reply to the Lok Sabha that, the major Ports have undertaken several initiatives such as implementation
Mawani : Kingdom opens new shipping route to Bahrain
RIYADH : The Saudi Ports Authority, known as Mawani, launched a maritime link with Bahrain through the Gulf Shuttle shipping service operated by MSC, via King Abdulaziz Port in Dammam. It is part of
Middle East Conflict: Straits of Hormuz Transits remain 95% Down
LONDON: Clarksons Research, the data and analytics arm of the Clarksons Group have been closely monitoring shipping activity and markets impacted by the conflict. Summarising their latest update issued on Monday at 10.00 am
MacGregor launches revolutionary Balanced Lashing System to redefine container shipping safety and capacity
HELSINKI: MacGregor has launched its new Balanced Lashing System, a reliable solution designed to solve the long-standing industry challenge of uneven load distribution in container ship lashings. On conventional container ships, lashings often share
Gandhidham Chamber urges Shipping Lines to Waive Charges amid Global Shipping Disruptions
GANDHIDHAM: The Gandhidham Chamber of Commerce & Industry (GCCI) has urged global shipping lines and port operators to extend temporary relief to the trade community by waiving several charges that have surged amid the
Dry Bulk Shipping: Rates Volatility as Middle East War intensified
LONDON: Baltic Exchange Weekly Roundup Bulk report – Week 10 Capesize The market experienced a volatile week, shaped largely by macro developments and rising bunker prices rather than a clear improvement in underlying demand.
Iran attacks prompt Red Sea rethink as box shipping exits Strait of Hormuz
LONDON: A sudden security shock in the Middle East Gulf is forcing carriers into risk-driven reroutes and port standstills, once again testing the resilience of global shipping. LEADING container shipping carriers have halted vessel