DP World forecasts further freight rate fall as demand slows
DAVOS (SWITZERLAND) : DP World expects freight rates to drop by a further 15% to 20% in 2023, with the worst still to come as demand slows, the
Indian Register of Shipping (IRS) undertakes classification services for Floating Dock and New Gener
MUMBAI : The leading classification society, Indian Register of Shipping (IRS), is providing classification services for two major new construction ‘naval’ projects at Goa Shipyard Ltd. A 120m
Transworld Group and DP World’s World Security partner to train Indian workers for UAE jobs
DUBAI : World Security, a DP World Company, entered a strategic partnership with Transworld Group, a renowned shipping and logistics company, to expand its offerings as a leading
Indian Register of Shipping Review of 2022 and Outlook for 2023 – going from strength to stren
MUMBAI : 2022 has been another significant and positive year for Indian Register of Shipping (IRS) as the organisation goes from strength to strength. IRS has once again
Tamil Nadu CM bats for reviving Sethusamudram project to achieve economic prosperity
CHENNAI : The ruling DMK in Tamil Nadu has called for reviving the Sethusamudram Ship Canal project in the wake of the Centre’s claim on the presence of the real form of Ram Setu
MV Sea Xpress tilted at MICT, stabilised
AHMEDABAD : In a bizarre incident, a Panama-flagged vessel tilted at the Mundra international container terminal (MICT) operated by DP World at Mundra Port, on Saturday afternoon. The vessel, Sea Xpress, had just
Ship robbery in Asia rises, Singapore Strait remains major concern
Ship robbery at Asian water increased by nearly 4% in 2022 compared to the previous year. In the just concluded year some 80 incidents took place, compared to
X-Press Feeders orders 16 dual-fuel ships
SINGAPORE : X-Press Feeders, the world’s largest independent common carrier based in Singapore, has placed an order for sixteen dual-fuel 1,170 TEU containerships. The ships will be built
Shippers re-route transhipment cargo to Nhava Sheva and Mundra
MUMBAI : Chennai and Kolkata cargo owners at India’s hinterland points are rerouting more shipments to JNPT (Nhava Sheva) or Mundra instead of feedering to hub or intermediate
Indian Register of Shipping (IRClass) resumes training for Indian Navy and Coast Guard personnel
MUMBAI : The Indian Register of Shipping (IRClass), a leading international ship Classification Society, has resumed training courses for personnel of the Indian Navy and the Indian Coast