Strait of Hormuz update – VLGCs ballasting from Gulf of Oman; Asian petchem receives a serious blow: Drewry
LONDON: Drewry AIS showcases several VLGCs that reached or were idling in the Gulf of Oman have altered course towards the USGC as buyers scramble to procure alternative cargoes for the disrupted Middle Eastern
Yang Ming to Order Six 13,000 TEU Class LNG Dual-Fuel Containerships
KEELUNG CITY: To accommodate ongoing business development and facilitate the renewal of its existing operating fleet, Yang Ming Marine Transport Corp. (Yang Ming) held its 411th Board Meeting on Thursday (12th March) and approved
Asia Pacific strengthens its position as a global trade anchor as Singapore ranks #1 worldwide – DHL Global Connectedness Report 2026
SINGAPORE: Globalization remains at a historically high level at 25% in 2025 – despite escalating geopolitical tensions, rising U.S. tariffs, and uncertainty about future trade policies. Equally, the Asia Pacific region features prominently in
Drewry: World Container Index gain 8% Last Week
LONDON: Drewry’s World Container Index increased 8% to $2,123 per 40ft container this week. Drewry’s detailed assessment for Thursday, 12 March 2026 The Drewry World Container Index (WCI) increased 8% to $2,123 per 40ft
PM Modi addresses the NXT Summit
NEW DELHI : Prime Minister addressed the iTV Network’s NXT Summit , marking the historic anniversary of the Dandi March and drawing a parallel between India’s struggle for independence and its current pursuit of
Reports of Iran allowing Indian ships through Strait of Hormuz ‘premature’
NEW DELHI : The External Affairs Ministry on Thursday (March 12, 2026) said it is rather “premature” to discuss reports about India receiving permission for ships to cross the Strait of Hormuz.“External Affairs Minister
V.O. Chidambaranar Port becomes first Indian major port to implement digital twin
NEW DELHI : The V.O. Chidambaranar Port Authority has achieved a major technological milestone by becoming the first port in India to launch the Digital Twin initiative for port management. The Port has marked
CONCOR expands EXIM Container Train Service from Ahmedgarh to Haldia
NEW DELHI : An EXIM container train service linking Ahmedgarh with Haldia Dock Complex has been successfully introduced, marking a significant step toward enhancing multimodal connectivity for export cargo destined for Chittagong. The service