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November 11, 2023

DP World Australia shuts down ports in Australia over ‘cybersecurity incident’

Maritime, Foreign Ports, Ports, Trending News
SYDNEY : Ports operator DP World Australia has shut down its ports around the whole country as it works to contain a “cybersecurity incident”. The stevedore, which manages container terminals in Sydney, Melbourne, Brisbane
November 11, 2023

Bangladesh PM to open first-ever Matarbari Deep Seaport Channel

Trending News, Foreign Ports, Shipping
CHATTOGRAM : Prime Minister Sheikh Hasina on Saturday (Today) will inaugurate Matarbari deep seaport’s 14.3-kilometre-long artificial navigation channel stretching from the proposed terminal to the sea and lay the foundation stone for the construction
November 11, 2023

Analyst says Maersk rate cutting behind Q3 losses

International Shipping, Shipping Line, Trade, Trending News
HONG KONG : Analysis by Hong Kong-based Linerlytica suggests that the sudden and deep decline in container freight rates in the third quarter was initiated by Maersk Lines’ attempts to recover market share. Container
November 11, 2023

A plan to join the Red Sea with Mediterranean — an alternative to the Suez Canal : Report

International Shipping, Foreign Ports, Maritime, Ports, Trending News
It has been speculated that one of the reasons behind Israel’s desire to eliminate Hamas from the Gaza Strip and completely control the Palestinian enclave is to give itself the chance to better explore a dramatic
November 11, 2023

Ruth Wood appointed as permanent CEO at Mersey Maritime

International Shipping, Company, Maritime, Trade, Trending News
BIRKENHEAD : Just five months after becoming Interim Chief Executive of Mersey Maritime, Ms. Ruth Wood has now been appointed to the role on a permanent basis. Ruth Wood is a former senior manager
November 11, 2023

NAVTOR and Voyager Worldwide to Merge in Landmark Industry Combination

International Shipping, Maritime, Shipping, Trending News
EGERSUND : NAVTOR, a leading e-Navigation and performance technology provider to the maritime industry, and Voyager Worldwide, a leading provider of maritime technology solutions, announced that both companies have agreed to merge in a landmark
November 10, 2023

GMB to prepare a master plan for its non-major ports

Trending News, Maritime, Ports
GANDHINAGAR : Gujarat is taking its non-major ports (NMPs) operated by the Gujarat Maritime Board (GMB) to the next level with plans to enhance capacity, efficiency, safety, and sustainability of port operations. A master
November 10, 2023

Gautam Adani meets Bhutan king Jigme Khesar Namgyel Wangchuck; says ‘excited to explore opportunities’

Trade, Business, COMMERCE, Company, Global Trade, Infrastructure, Trending News
AHMEDABAD : The Indian billionaire businessman and Chairman of Adani Group, Gautam Adani, shared about his recent meeting with the Bhutan King Jigme Khesar Namgyel Wangchuck on Wednesday, Sharing what all went on during
November 10, 2023

MoCI panel reviewing guidelines for elections of EPCs & FIEO to submit report by month end

EXPORT, Business, COMMERCE, Trade, Trending News
NEW DELHI : (MoCI)The Commerce Ministry has decided to review the eligibility criteria for the election of office bearers of export promotion councils (EPCs) and apex exporters body FIEO to make them more inclusive
November 10, 2023

DPIIT proposes to engage consultancy agency to draw reservation list to be used in FTA talks

Trade, Business, COMMERCE, Global Trade, Trending News
NEW DELHI : The Department for Promotion of Industry and internal trade (DPIIT) has proposed to engage a consultancy agency to draw a reservation list to be used during negotiations of a free trade
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