Shipping Industry Leaders to Convene for Landmark Decarbonization Conference at COP26
CEOs from the world’s biggest shipping companies and government representatives from maritime states will convene in Glasgow at a cross-industry decarbonization conference next month to coincide the United Nations’ COP26 climate change conference. The
Key member deboards Foresight-led consortium eyeing Shipping Corporation
MUMBAI : A Foresight-led consortium that is among government-approved bidders shortlisted to bid for Shipping Corporation of India (SCI) has cracked as a key member of the consortium, Belgium-based Exmar NV, has pulled out.
Shipping container crisis will possibly continue until mid-2022
SINGAPORE : With 90% of the world’s goods transported by sea, the current shipping crisis has resulted in spiralling costs and bottlenecks in global supply chains. The situation has been exacerbated by a shortage
YML to upgrade South-America service with 11,000 TEU newbuilding
TAIWAN : Yang Ming will add one new 11,000TEU container vessel, named YM Trust, chartered from Shoei Kisen Kaisha, Ltd. and built by Imabari Shipbuilding Co., Ltd. The company has ordered a total of
FuelEU can do more for the decarbonisation of shipping – in the EU and internationally
As part of the EU Green Deal, the FuelEU Maritime Regulation intended to promote demand for lower greenhouse gas fuels can play an important role in shipping’s journey towards decarbonisation. In a position paper
Engineering goods shipments cross $9 billion for the third month in a row,September analysis
NEW DELHI : Engineering goods shipments crossed $9 billion for the third month in a row in September with 22 out of 25 top export destinations such as China, UK and UAE recording positive
Shadow inflation: Shipping costs are up way more than you think
Name something that costs far more than it did before the pandemic that simultaneously gives you far less value for your money than it used to. Of all the goods and services in the
Maersk to directly engage with shippers
COPENHAGEN : In an effort to attract larger shippers, Maersk is expected to announce that it will only handle cargo from direct shippers from 1 November, cutting out freight forwarders. The Danish carrier has