New report highlights alarming freight crime trend in Italy
LONDON : The latest analysis from international freight insurer, TT Club, resilience and security network, Transported Asset Protection Association, and business improvement consultants BSI SCREEN, reports dramatic increase in freight crime in Italy with
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
Panama sets record in newbuilding ship registration
PANAMA CITY : Panama has reached a historic milestone, registering 358 newly built ships to date, representing over 8.5 million Gross Tonnage (GT). This achievement reaffirms Panama’s status as the world leader in ship
Baltic index slips to near three-week low as larger vessel rates dip
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a near three-week low on Wednesday, pulled down by weaker capesize and panamax
Goa CM Pramod Sawant met Sarbananda Sonowal for boosting trade of Mormugao Port
NEW DELHI : Chief Minister Shri Pramod Sawant emphasized the importance of increasing imports and exports at the Mormugao Port Authority (MPA) during his meeting with Union Shipping Minister Shri Sarbananda Sonowal in New
No money given to Adani so far for Sri Lankan port project, says US development agency
MUMBAI ; The US International Development Finance Corporation (DFC), which last year committed a half-a-billion-dollar loan to the Adani Group for developing a port in Sri Lanka, has not yet disbursed any money to
APM Terminals Pipavav signs 25-yr pact with CleanMax to source power
PIPAVAV : APM Terminals Pipavav (Gujarat Pipavav Port Ltd), has announced a partnership with CleanMax, one of Asia’s leading renewable energy provider for the Commercial and Industrial (C&I) sector and a Brookfield backed company.
JM Baxi is recognized as the “fastest growing” and only Indian company to be ranked in the IC Transport 50 list
MUMBAI : J M Baxi has been ranked 22nd in the IC Transport 50 list for 2024, which showcases the world’s leading specialised transport companies. This recognition reflects its commitment to “creating opportunities” for