MSC announces leadership transition as Aponte Family formalises generational handover
GENEVA : MSC Mediterranean Shipping Company, the world’s largest container shipping line, has confirmed a significant ownership transition, marking a new chapter in the company’s five-decade journey of global maritime leadership. Founder Gianluigi Aponte
UK and France to co-host 40-nation summit to restore shipping in Strait of Hormuz
LONDON : UK and France will host a 40-nation summit this week to restore navigation in the Strait of Hormuz as global shipping disruptions continue The United Kingdom and France will this week co-host
“International law applies to all States, without exception”: UN Secretary General on West Asia
NEW YORK: United Nations Secretary-General Antonio Guterres on strongly reaffirmed the universality of international law, stating that it applies to all States without exception amid rising global tensions and the ongoing conflict in West
Two ships from Iran ports pass Hormuz despite US blockade
At least two vessels linked to Iranian ports transited the Strait of Hormuz on Monday despite a US military blockade, according to data from maritime tracking firm Kpler, reported by AFP on Tuesday. The
World may be more fragmented, but Indian Ocean nations must be more cohesive : EAM Jaishankar
MAURITIUS : External Affairs Minister Dr S Jaishankar said the global order is undergoing a period of profound transition and Indian Ocean nations must plan for stormy days. Addressing the 9th Indian Ocean Conference
Piyush Goyal holds virtual call withhis Saudi Arabia counterpart H.E. Dr. Majid bin Abdullah Al Qassabi
NEW DELHI : Union Minister of Commerce and Industry, Shri Piyush Goyal, had a virtual call with his Saudi Arabia counterpart H.E. Dr. Majid bin Abdullah Al Qassabi, Minister of Commerce of Saudi Arabia.
Mazagon Dock completes first overseas acquisition with 51% stake in Colombo Dockyard for rs 249.5 cr
MUMBAI : Mazagon Dock Shipbuilders has completed its first international acquisition, securing a 51 per cent controlling stake in Colombo Dockyard for approximately Rs 249.5 crore ($26.8 million). The Mumbai-based defence public sector undertaking
Sarbananda Sonowal reviews port operations; Timely intervention clears 90% cargo backlog amid Strait of Hormuz disruptions
NEW DELHI : Union Minister of Ports, Shipping and Waterways (MoPSW), Shri Sarbananda Sonowal said that timely intervention and continuous monitoring by the Ministry has led to the clearance of nearly 90% of backlog