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Iran war will impact wider fleet safety

HAMBURG: The escalating conflict in the Middle East and the blocking of the Strait of Hormuz is set to become a major operational challenge...

Shipping banks remain exposed to latent systemic refinancing risks as a result of the energy transition and tightening shipping emission regulations, UCL study finds

LONDON: A new report from the UCL Energy Institute and Strider Carbon finds that while banks seem largely insulated from direct losses when climate...

DPA Kandla creates history with first-ever triple banking STS operation at a tidal port

GANDHIDHAM : In a landmark achievement for India’s maritime sector, Deendayal Port Authority (Kandla) has successfully executed a highly complex Triple Banking Ship-to-Ship (STS)...

PSA Mumbai achieves record-breaking weekly throughput of 75,871 TEUs

MUMBAI : PSA Mumbai has set a new operational benchmark by handling an all-time high weekly volume of 75,871 TEUs, surpassing its previous record...

Government restores RoDTEP rates and value caps to support exporters amid West Asia trade disruptions

NEW DELHI : Recent developments in West Asia have led to challenges in maritime logistics, including changes in routing and transit patterns. These have...

APSEZ secures top-tier ESG rating of ‘CareEdge ESG 1+’ with strong score of 81/100

AHMEDABAD : Adani Ports and Special Economic Zone Ltd. (APSEZ), India’s largest integrated ports and logistics company, has been assigned an ESG rating of...

Indian sugar mills rush export deals on record-low rupee, rising global prices

MUMBAI : Indian sugar mills have returned to the export market, locking in 100,000 metric tons of shipments in a week after a slump...

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...

KR publishes Guidance to Support Industry ahead of 2028 IGC Code Amendments

BUSAN: Korean Register (KR) has completed an impact assessment of the upcoming amendments to the International Code of the Construction and Equipment of Ships...

deugro Projects (India) and Mystic Shipping leads First-Ever Transshipment Operations at Deendayal Port Trust (Kandla) amid Middle East Crisis

GANDHIDHAM: With the temporary closure of the Strait of Hormuz due to ongoing geopolitical tensions, several vessels carrying Far East origin cargoes bound for...

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