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October 20, 2023

MSC tops in ship recycling and purchases

International Shipping, Ship Recycling, Shipping Line, Trending News
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
October 20, 2023

Hapag-Lloyd and Norsul to launch new joint venture company for cabotage business in Brazil

International Shipping, Shipping Line, Trade, Trending News
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
October 20, 2023

Japan’s exports rise and imports decline in September as auto shipments to US and Europe climb

Export - Import, Global Trade, Trending News
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
October 20, 2023

Inmarsat Maritime Safety Team wins IMRF Award for INNOVATION AND TECHNOLOGY in Maritime Search and Rescue

International Shipping, Maritime, Trending News
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
October 20, 2023

Shipnext supports smarter shipping with free access for Institute of Chartered Shipbrokers Members and Students

International Shipping, Maritime, Shipchartering, Shipping, Trending News
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
October 20, 2023

ClassNK issues approval in principle (AiP) for hydrogen-fueled vessel

International Shipping, Maritime, Shipping Line, Trending News
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
October 19, 2023

Global Maritime India Summit : India’s docks bag investments worth 2.4 trillion on day 2

Maritime, Infrastructure, Ports, Shipping, Trending News
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
October 19, 2023

Dredging industry is undergoing a major transformation : Shantanu Thakur

Shipping, Dredging, Maritime, Trending News
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
October 19, 2023

SMP Kolkata inks 21 MoUs in Rs 36,000 Crore deal at GMIS 2023

Maritime, Ports, Trending News
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,
October 19, 2023

Paradip Port to increase capacity to 400 MTPA by 2030, says Chairman

Maritime, Ports, Trending News
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
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