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January 17, 2023

Siemens Mobility signs Rs 26KCr locomotive order with Indian Railways

Railway, Trending News
NEW DELHI : Siemens Mobility has signed a Rs 26,000-crore contract to supply and service freight trains in India, the German engineering company said on Monday, the biggest locomotive deal in its history. Siemens
January 17, 2023

French Start Up-Airseas is using huge 2,700sqft kites to pull cargo ships across the ocean

Maritime, Trending News
NANTES (FRANCE) : Wind power and cargo ships have gone hand in hand for centuries, but now the shipping industry is turning to a new unusual energy source — giant kites. This month, the French
January 17, 2023

Indian Register of Shipping (IRS) undertakes classification services for Floating Dock and New Generation OPVs at Goa Shipyard

Shipping, Trending News
MUMBAI : The leading classification society, Indian Register of Shipping (IRS), is providing classification services for two major new construction ‘naval’ projects at Goa Shipyard Ltd. A 120m long Floating Dock is being built
January 17, 2023

India & France joint naval exercise ‘Varuna’ commences, set to include tactical manoeuvres, surface firings

Maritime, Trending News
NEW DELHI : The 21st edition of the bilateral naval exercise between India and France titled ‘Varuna‘ began on the western seaboard on Monday. The bilateral naval exercise will be conducted from January 16-20
January 17, 2023

Thousands of containers held up at Karachi Port as dollars dry up

Foreign Ports, Trending News
KARACHI : Thousands of containers packed with essential food items, raw materials and medical equipment have been held up at Karachi Port as the country grapples with a desperate foreign exchange crisis. A shortage
January 17, 2023

CMA CGM deploys 15,000 TEU boxships to call in Port of Yokohama, Japan

International Shipping, Trending News
TOKYO : CMA CGM has deployed the largest containerships to call in Japan on a regular basis on a service connecting to Central American ports. The 15,000 teu CMA CGM Argentina called the Port
January 17, 2023

Singapore Port container and bunker volumes decline in 2022

Foreign Ports, Trending News
SINGAPORE : Singapore reported declines in both container volumes and bunker sales buffeted by a slowdown in global box trades and Russian-Ukraine war fuel supply chain disruptions. Revealing Singapore’s annual port figures recently at
January 17, 2023

Why shipowners are not investing in tanker and bulker newbuildings

International Shipping, Trending News
SINGAPORE : In a discussion on where shipping markets were headed in 2023 the container sector is still waiting to settle on a new normal, while volatile bulker and tanker markets make investments in
January 16, 2023

PM flags off World’s Longest River Cruise – MV Ganga Vilas in Varanasi via video conferencing

Maritime, Trending News
NEW DELHI : The Prime Minister, Shri Narendra Modi flagged off the World’s Longest River Cruise-MV Ganga Vilas and inaugurated the Tent City at Varanasi via video conferencing on 13th January. He also inaugurated
January 16, 2023

India’s major ports see 9 per cent increase in traffic handled in April-Dec period

Ports, Trending News
NEW DELHI: India’s 12 major ports have seen a 9 per cent increase in traffic handled, y-o-y, for the April – December period. Total cargo handled include 576.63 million tonnes for the period under
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