Panama Canal drought could threaten global supply chain : S&P
MEXICO CITY : The severe drought which has forced the Panama Canal, one of the world’s busiest trade passages, to limit daily crossings could impact global supply chains
Hualien Port operations suspended after Taiwan Earthquake
TAIWAN : On Wednesday at 07:58 hours, a 7.2 magnitude earthquake struck near Hualien, Taiwan, with the epicentre 15.5 kilometers from the county. This is Taiwan’s largest earthquake
DP World achieves 66% increase in freight moving from Road to Rail at its Southampton Hub
LONDON : DP World has achieved a significant increase in the share of freight being transported by rail from its Southampton logistics hub. The Modal Shift Programme trial,
GEODIS invests in New Container Freight Station in Singapore
SINGAPORE : Enabling customers to streamline their supply chains by offering consolidation and access to a range of multi-modal options of sea, air and/or road transportation amidst ongoing
Demand shocks drive ship recycling to lowest level in 20 years : BIMCO
COPENHAGEN : “Over the past eight quarters, ship recycling of bulkers, tankers and container ships has dropped to the lowest level in 20 years. A combination of strong
ClassNK issues type approval certificate for lithium-ion storage battery system developed by Corvus
TOKYO : ClassNK has issued a type approval certificate*1 for the lithium-ion storage battery system “ORCA Energy” developed by Corvus Energy. Recently, the utilization of lithium-ion storage batteries as ship’s
ClassNK facilitates transition to zero-emission with energy efficiency improvement, alternative fuel
TOKYO : ClassNK has extended its services to support concrete actions by customers towards a smooth transition to shipping zero-emission. With the revision of IMO’s GHG emissions reduction targets
VIKING puts professional-grade firefighting expertise to work on seafarer safety
BASEL : VIKING Life-saving Equipment has drawn on its experience as a leading supplier of professional-grade structural firefighting equipment to ensure that seafarers can have the same level
Chennai and Kamarajar Ports cross ₹1,000 crore operating income in FY 2023-24
CHENNAI : Chennai Port Authority (CPA) and its subsidiary, Kamarajar Port Ltd (KPL) in Ennore, North Chennai, crossed ₹1,000 crore (each) in operating income in a financial year
Cochin Port registers record cargo throughput during 2023-24
KOCHI : The Cochin Port under the Cochin Port Authority (CPA) performed considerably well during the financial year 2023-24 registering a record cargo throughput of 36.32 million metric
