Maersk employees deliver fresh water from vessels to Ports
COPENHAGEN : Four billion people — almost two-thirds of the world’s population — experience severe water scarcity for at least one month each year, and half of the
Wan Hai Lines names two new boxships
TAIPEI : Taiwan’s container carrier Wan Hai Lines held ship naming ceremonies for its new container ships, Wan Hai 372 and Wan Hai 376. The two vessels are
OOCL’s revenues fall despite container volume uptick
SINGAPORE : In the first quarter of 2024, the total revenues of Orient Overseas Container Line (OOCL) decreased by 9% year-over-year to US$2 billion. At the same time,
A new solution proposed for drought-stricken Panama Canal goes around it
PANAMA CITY : As droughts continue to deplete the Panama Canal’s water levels, the maritime trading hub’s operators are planning a workaround. On Wednesday, Panama officials announced a new Multimodal
Tamil Nadu pitches for Elon Musk’s new EV factory in India
CHENNAI : Tamil Nadu will aggressively pitch itself as a manufacturing site for Tesla Inc. as speculation builds about the US company’s planned investments ahead of billionaire Elon
Maldives trying to discuss with India for paying in their local currency for imports
MALE : The Maldives is currently discussing with India if the island nation can make payments for its imports from the country in Maldivian Rufiyaa, a senior minister
China’s March exports and imports shrink, miss forecasts by big margins
BEIJING : China’s exports contracted sharply in March while imports unexpectedly shrank, undershooting forecasts by big margins, highlighting the stiff task facing policymakers as they try to bolster
EU tanker import tonne mile demand up 12% as ships avoid Red Sea area : BIMCO
LONDON : “In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing distances for
WCO Publishes a Handbook on Performance Measurement
BRUSSELS : The WCO has published a “Handbook on Performance Measurement” to address the need for a comprehensive guide for evaluating performance, specifically tailored for Customs administrations. In
PMO likely to review and adopt 100-day agenda for next government this month including FTAs with UK
NEW DELHI : The Prime Minister’s Office (PMO) is likely to review and adopt a 100-day agenda later this month for the next government, which is being piloted
