Strategic Marine increases presence in Korea’s offshore wind industry with Yeosu Ocean’s contract for new Stratcat 27
SINGAPORE : Following Strategic Marine’s successful entry into Korea’s offshore windfarm market earlier this year, the Singapore headquartered shipbuilder has signed a new contract with Yeosu Ocean Co., Ltd. for the construction of a
Fin-Min highlights export hurdles amid weakening demand in developed nations
NEW DELHI : India’s export recovery may face challenges due to softening demand in developed markets, the Ministry of Finance stated in its monthly report on Monday. Merchandise exports registered moderate growth during the
Shipping Industry faces one of Its greatest challenges : Drewry
LONDON : The shipping industry is contending with a worldwide shortage of seafarers, and it’s fueling a troubling mix of fake resumes, accidents at sea, and elevated freight rates. “We have been seeing a
Mark Zuckerberg’s Meta strikes biofuel deal with shipowner Norden
DENMARK : Danish tanker and bulker owner Norden has clinched an agreement with Mark Zuckerberg’s Meta to use sustainable maritime fuels in its supply chain. The operator said the owner of Facebook has signed
Logistics and connectivity: Cornerstones of Asean development, says Dr Wee
PETALING JAYA : Logistics and connectivity are key driving factors for Asean’s development, says Datuk Seri Dr Wee Ka Siong. The former Transport Minister acknowledged maritime transport’s essential role in international trade, adding that
2nd China International Supply Chain Expo opens in Beijing, fostering global supply chain collaboration
BEIJING : The second China International Supply Chain Expo (CISCE), the world’s first national-level exhibition focused on supply chains, opened on Tuesday in Beijing. The expo provides a comprehensive platform for business matchmaking and
Adani’s Sri Lanka Port Project under scrutiny as US Agency conducts due diligence
COLOMBO : US international development finance corporation, which is partially funding the Colombo port terminal in Sri Lanka, is employing due diligence on the project after the allegations against the Adani Group Chairman by the US
Mobile industry seeks enhanced air cargo handling capacity amid expected jump in smartphone export
NEW DELHI : Mobile phone players want Indian airports to ramp up their existing cargo handling capacity to support a projected eight-fold increase in device exports to USD 180 billion by 2030, industry body