Gold imports up 331% to record high of $14.86 billion in November
NEW DELHI ; The country’s gold imports in November reached a record high of USD 14.86 billion, registering a four-fold increase, mainly on account of festival and wedding
DHL anticipates chaotic start of 2025 for container shipping
NEW JERSEY : DHL Global Forwarding said that stronger than expected demand container shipping is being seen in the final months of 2024. In its Ocean Freight Market
VP Vasco Maritime Pte Ltd gives insights on NVOCC at CIMC
COLOMBO : Mr Rajamani Ramakrishnan Vice President (ISC-ME) at Vasco Maritime Pte Ltd. gave his insights on how Non-Vessel Operating Common Carriers (NVOCCs) play a critical role in
UK-India business boosted by prospect of trade deal : HSBC
LONDON : Business between the UK and India has boomed this year as firms in both countries anticipate their governments will be able to seal a free trade
Shipping giant Maersk expects strong demand and ‘another year of disruption’ for global trade in
COPENHAGEN : The past year has been a strong one for North American import trade demand, and that should continue for both ocean and air cargo into 2025,
MSC announces Panama Canal Charges effective 1st Jan 2025
GENEVA : Effective 1 January 2025, the Panama Canal Authority will introduce modifications to its Transit Reservation System, including adjustments to charges, changes in the tariff structure, and the
Drydocks World awarded Ostwind 4 Project to support Germany’s Renewable Energy Goals
DUBAI : Drydocks World, in partnership with GE Vernova, has secured a landmark project to build and install Ostwind 4, a 2 gigawatt (GW) offshore wind grid connection
CULines unveils new shipping service linking Sokhna and Aden Ports
CAIRO : CULines, the Chinese shipping line, has announced the launch of a new weekly maritime service connecting Ain Sokhna Port in Egypt with Aden Port in Yemen.
Damen Marine Components wins four-vessel contract for steering gear, rudders and nozzles
POLAND : Dutch shipbuilder GS Projects has contracted Damen Marine Components (DMC) by to supply the steering, control and propulsion equipment for four dry cargo vessels. DMC will
KR, Sinokor, and HD Hyundai Marine Solution join forces to transform Ship Maintenance with Advanced
BUSAN : KR (Korean Register) has partnered with Sinokor Merchant Marine and HD Hyundai Marine Solution(HD HMS) to revolutionize ship maintenance through condition-based maintenance (CBM) technology powered by