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 Dubai-based global logistics company’s deputy Chief
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 long Floating Dock is being built
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 turnkey security, facility management and manpower
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 achieved strong and sustained business growth
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 in Rameswaram. Chief Minister Shri M K Stalin batted
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 docked at the terminal and tipped
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 77 in 2021, according to ReCAAP
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 by China’s New Dayang Shipbuilding Co.
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 ports in South Asia for mainline,
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 Guard, after a hiatus of 18