GENEVA : Chinese manufacturer China International Marine Containers (CIMC) has reportedly confirmed a new order from MSC for ten LNG dual-fuel container vessels with a capacity of 11,500 TEUs. According to a CIMC statement,
RIYADH : The Saudi Ports Authority (Mawani) has won the Port of The Year and Digital Transformation awards at the 7th Green Shipping Summit held in Rotterdam, The Netherlands on February 15-16. The Port
Spread over 225,000 sq. m., this Integrated Logistics Park upon opening will provide Maersk’s customers extensive infrastructure for warehousing & distribution, cold storage, e-commerce and serve as a hub for transhipments, petrochemical consolidation, air
LONDON : Drewry’s composite World Container Index decreased by 2% to $1,954.64 per 40ft container this week. Our detailed assessment for Thursday, 16 February 2023 The composite index has decreased by 2% this week,
LONDON : The Baltic Exchange’s main sea freight index edged higher on Friday but declined for the seventh straight week on lower demand for larger vessels, while the capesize segment marked its worst weekly
KOLKATA : India’s export of marine products is likely to increase by 5-10% in the next financial year, as China lifting import ban on the 99 seafood-processing and exporting units, , DV Swamy, Chairman,
CHARLESTON : The Port of Los Angeles processed 726,014 Twenty-Foot Equivalent Units (TEUs) in January, a 16% decrease from the previous January’s all-time record. “We expect softer global trade throughout the first quarter, particularly
PUTEAUX ( FRANCE) : Bolloré Logistics has teamed up with Turkish Airlines to transport humanitarian aid equipment to Turkey to provide support and relief to the people hit by the earthquake that devastated the
LONDON : A Green Shipping conference in Accra, Ghana (15-16 February), provided a forum to discuss opportunities and challenges for African countries in the decarbonization of international shipping. Key drivers of change include an
NEW DELHI : India’s merchandise exports have recorded a healthy growth in both value and volume terms in 2022, economic think tank Global Trade Research Initiative (GTRI) said in a report on Thursday. Former