Egypt opens strategic Mediterranean naval base to secure shipping lanes
EGYPT : Egyptian President Abdel Fattah al-Sisi opened a strategic naval base on the Mediterranean Sea to “secure shipping lines,” the presidency said. “It is the latest Egyptian military base on the Mediterranean, and
Pandemic forces shipper focus on supply continuity : DSV
NEW YORK : Building supply chains more resistant to shocks like COVID-19 requires a “blended” approach by shippers to localized and global sourcing, according to a report from third-party logistics (3PL) provider DSV and
Mr. Vijay Arora takes over as Managing Director at Indian Register of Shipping (IRClass)
Mr. Vijay Arora takes over as Managing Director at Indian Register of Shipping (IRClass) NEW DELHI : Indian Register of Shipping (IRClass) announces a top management transition with Mr. Vijay Arora taking over as
Sea-Intelligence sees a staggering number of late vessel arrivals
DENMARK : Schedule reliability across the world has been pretty poor throughout the year, as several ports and regions have been severely impacted by port congestion, according to Sea-Intelligence’s latest report. As can be
‘Crazy rates’ to ship a container out of India – after a 100% premium to get the box
MUMBAI : With the severe shortage of containers and capacity, Indian forwarders are being quoted “crazy” freight rates by carriers that “won’t honour” contracts. According to the Federation of Indian Export Organisations (FIEO), there
Brussels needs to be bolder in tackling shipping emissions
BRUSSELS : Almost 25 years ago, the Kyoto protocol set binding commitments for industrialised countries to cut carbon emissions. Sixteen years ago, the EU launched the world’s first large emissions trading system, forcing companies
HMM confirms a dozen 13,000TEU vessels order
HMM has signed newbuilding contracts with Daewoo Shipbuilding & Marine Engineering (DSME) and Hyundai Heavy Industries (HHI) for twelve 13,000TEU container ships. The total cost of the new container vessels is US$1.57 billion, according
Maiden Voyage of Coastal Shipping Service “Green Freight Corridor-2” inaugurated by Mansukh Mandaviya
NEW DELHI : The Ministry of Ports, Shipping and Waterways has accorded high priority to building greater synergies between the Major Ports and Non-Major Ports in order to promote coastal trade and to provide
