GENEVA : Mediterranean Shipping Company (MSC) is leading the way both in ship demolitions and ship purchases. Cash buyers said that MSC has scrapped 15 vessels so far this year, with the last two
HAMBURG : Hapag-Lloyd and the Brazilian shipping and waterway logistics company Norsul have set up a new joint venture called “Norcoast”. Based on a 50-50 partnership, Norcoast envisages to start offering container cabotage and
TOKYO : Japan’s exports climbed 4.3% in September from a year earlier as shipments of vehicles, machinery and electronics rose while imports of oil and gas fell sharply, the government said on Thursday. Exports
LONDON : Inmarsat Maritime, a Viasat business, has won the 2023 International Maritime Rescue Federation (IMRF) Award for Innovation and Technology in Maritime Search and Rescue after a highly respected judging panel led by
LONDON : The Institute of Chartered Shipbrokers (ICS), a leading professional body for the maritime industry, and Shipnext, the digital SaaS (Software-as-a-Service) shipping platform and marketplace, are pleased to announce a significant collaboration aimed
TOKYO : ClassNK has issued an Approval in Principle (AiP) for a parcel layout concept for a hydrogen-fueled multi-purpose vessel developed by Mitsui O.S.K. Lines, Ltd. (MOL), MOL Drybulk Ltd. (MOL Drybulk), Onomichi Dockyard
MUMBAI : India’s maritime docks recorded investments worth ₹2.37 trillion on the second day of the Global Maritime India Summit 2023 (GMIS). Around 70 memorandums of understanding (MoUs) were inked across diverse maritime sectors, including
MUMBAI : On the second day of Global Maritime India Summit 2023 (GMIS 2023), many enlightening and brain storming sessions were organised and one of them was on ‘Dredging for Future Port Development’. Delivering a
MUMBAI : Paving the way for port-driven industrialization, Syama Prasad Mookherjee Port, Kolkata has signed historic Rs 36,000 Crore deal with several companies at the third edition of the Global Maritime India Summit 2023,
MUMBAI : Paradip Port Authority plans to raise its cargo handling capacity to 400 million metric tonne per annum by 2030 by investing Rs 10,000 crore, according to Chairman Mr. PL Haranadh. Currently, the