Container ship deliveries hit new record of 2.5 million TEU : BIMCO
LONDON : Just ten months into 2024, shipyards’ deliveries of container ships have reached a new annual record. A total of 410 ships with a capacity of 2.5m
IMO Secretary-General visits Red Sea countries
LONDON : International Maritime Organization (IMO) Secretary-General Mr. Arsenio Dominguez has completed a series of visits to countries in the Red Sea area, to discuss the current situation
Trump presidency seen as bullish for tanker rates in US, Middle East; Russia wild card
WASHINGTON D. C. : A second Donald Trump presidency could push up tanker rates in the Middle East and the US Gulf while ushering in great uncertainty over
India wants to grow with the World : S Jaishankar
BRISBANE : India, which is on the path of growth, wants to grow with the world, External Affairs Minister Dr. S Jaishankar said on Sunday, stressing that there is
Discussions on bilateral ties and cooperation held between Jaishankar and Thai counterpart Sangiampo
NEW DELHI : External Affairs Minister Dr. S. Jaishankar and his Thai counterpart, Maris Sangiampongsa, held a meeting here on Saturday, where they discussed strengthening bilateral relations, enhancing
India and Sri Lanka to conduct joint study on marine resources in Palk Strait strip
COLOMBO : India and Sri Lanka agreeing for a joint research study in the narrow strip of Palk Strait that divides the two nations to protect the marine resources
India expands global market share in Petroleum, Gemstones, and Sugar exports over five years
NEW DELHI : India’s export competitiveness has significantly improved across various sectors—especially in petroleum, gemstones, agrochemicals, and sugar—over the past five years. According to data from the Commerce
US sanctions 15 Indian entities among 275 for supporting Russia’s military-industrial base
WASHINGTON : The US has imposed sanctions on 275 individuals and entities, including 15 from India, for allegedly supporting Russia’s military-industrial base. Companies from China, Switzerland, Thailand, and
Xeneta reports the year ‘2025’ as another challenging year for container shipping
OSLO : Xeneta reported about the next year 2025 may be be another challenging year in ocean container shipping. “If 2024 has been defined by conflict in the
Shanghai gears up to build digital, intelligent & green international shipping center
SHANGHAI : Shanghai, an east China business hub, is gearing up to build itself into a digital, intelligent and green international shipping center. Currently, quality shipping-related resources are