March 16, 2026
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December 23, 2023

PSA Sines expands capacity with two new super Post-Panamax Ship-to-Shore Cranes

International Shipping, Maritime, Trending News
SINGAPORE : PSA Sines recently welcomed two new mega Ship-to-Shore (STS) cranes in December. The new cranes will be added to the ten existing Super Post-Panamax cranes, allowing PSA Sines to handle the largest
December 23, 2023

Sri City aims to become an export-import powerhouse with FTWZ-based Dry Port

Export - Import, Logistics, Trending News, Warehousing
CHENNAI : Sri City, strategically situated at the Chennai-Tirupati-Nellore tri-city junction, is a thriving industrial hub, ranked among the top ten manufacturing regions in India. With more than 210 companies from 28 different countries,
December 23, 2023

Government says IMF debt warning a worst case scenario

Trade, Economy, Trending News
NEW DELHI : The Indian Government said on Friday a warning from the International Monetary Fund (IMF) that the country’s debt to GDP ratio could hit 100 per cent was a worst-case scenario, and
December 23, 2023

IBF to establish a High-Risk Area in the Red Sea

International Shipping, Maritime, Trending News
Following the incidents in the Red Sea and the Bab El-Mandeb strait since 19th November 2023, the International Bargaining Forum (IBF) have agreed to designate the southern section of the Red Sea and the Strait
December 23, 2023

Hapag-Lloyd increases rates from Indian Subcontinent and Middle East to North America

International Shipping, Shipping Line, Trending News
HAMBURG : German box carrier Hapag-Lloyd will apply a new General Rate Increase (GRI) or General Rate Adjustment (GRA) for cargo shipments from India to the United States and Canada West Coast on 18
December 23, 2023

Suez,a crisis-waiting to happen, forces shippers to be ready any moment

International Shipping, Maritime, Trending News
Houthi attacks on civilian vessels, strategies to reroute ships, and the need for a 40-nation strong military alliance to guard 15% of the world’s maritime traffic sounds like the kind of emergency that ought
December 23, 2023

Many carriers still sending ships via Suez

International Shipping, Maritime, Trending News
Over 80 container ships still transiting the Red Sea and Suez Canal ,Vessel tracking shows that even after the raised threat from the Houthi Movement, which has warned it will target vessels connected to
December 23, 2023

Wilhelmsen and MPC Capital acquire Hamburg-based ship manager Zeaborn

International Shipping, Shipping Line, Trade, Trending News
SINGAPORE/HAMBURG: Wilhelmsen Ship Management (“Wilhelmsen”), a provider of third-party ship management services headquartered in Singapore, and Hamburg-based asset manager MPC Capital have agreed to acquire 100 % of the company Zeaborn Ship Management (“Zeaborn”).
December 23, 2023

ClassNK issues approval in principle (AiP) for MOL’s FSRU

International Shipping, Maritime, Shipping Line, Trending News
TOKYO : ClassNK has issued an Approval in Principle (AiP) for an Ammonia FSRU (Ammonia Floating Storage and Regasification Unit) jointly developed by Mitsui O.S.K. Lines, Ltd. (MOL) and Mitsubishi Shipbuilding Co., Ltd. Ammonia, which
December 23, 2023

MOL names second LNG carrier for charter with GAIL

International Shipping, LNG, Shipping Line, Trending News
TOKYO : Japanese shipping company Mitsui O.S.K. Lines (MOL) has revealed that a naming ceremony was held for the second liquified natural gas (LNG) carrier to serve GAIL (India), the largest natural gas supplier
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