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November 21, 2024

VOC Port sets single-day record in cargo handling

Ports, Shipping, Trending News
THOOTUKUDI : The VO Chidambaranar Port set a new record in handling cargo. On Monday 18.11.2024, the seaport set a single-day cargo handling record at the VOC-4th berth, by handling 29,212 tonnes of coal
November 21, 2024

The Network of the Future: Maersk updates on the UK port of call

International Shipping, Shipping Line, Trending News
COPENHAGEN : Last month, Maersk reached out with an update on the Gemini Cooperation and the Network of the Future to confirm that they expect to phase in the Cape of Good Hope network
November 21, 2024

China inaugurates massive $1.3 billion deep-water Port in Peru to boost trade

International Shipping, Foreign Ports, Trending News
PERU : The President of China, Xi Jinping, inaugurated the Chancay port in Peru on November 14, 2024. The massive $1.3 billion deep-water port, built as part of China’s Belt and Road Initiative, is
November 21, 2024

ZIM reports financial results for the third quarter of 2024; raises full year 2024 guidance

International Shipping, Shipping Line, Trade, Trending News
HAIFA : ZIM Integrated Shipping Services Ltd. a global container liner shipping company, announced its consolidated results for the three and nine months ended September 30, 2024. Third Quarter 2024 Highlights • Net income
November 21, 2024

Strategic Marine, Mirai Ships Inc., and Ragnar Energy Solutions sign MoU to Advance Shipbuilding Collaboration

International Shipping, Maritime, Ship Building, Trending News
SINGAPORE : Strategic Marine Pte Ltd (“Strategic”), Mirai Ships Inc. (“Mirai”), and Ragnar Energy Solutions Pte Ltd (“RES”) are pleased to announce the signing of a Memorandum of Understanding (MOU) to establish a framework for exclusive newbuild collaborations, marking
November 21, 2024

Shipping industry leaders expect Hong Kong to play bigger role in sustainable future

International Shipping, Global Trade, Maritime, Shipping Line, Trending News
HONG KONG : All eyes in the maritime-related industry are watching as the World Maritime Merchants Forum 2024 kicked off here on Monday to pool wisdom and consensus along the global shipping value chain
November 21, 2024

Baltic Index falls as Panamax and Supramax segments log declines

International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, pressured by weak rates across the panamax and supramax vessel segments. The
November 20, 2024

Sagarmanthan encourages exchange of ideas, expert insights for broadening the vision for the future & growth: PM Narendra Modi

Maritime, Ports, Shipping, Trade, Trending News
NEW DELHI : The Prime Minister Shri Narendra Modi shared his message on the successful organising of the maiden maritime event – Sagarmanthan, The Ocean’s Dialogue – being held at the national capital. PM
November 20, 2024

Sagarmanthan draws Successful Closure with Focus on Applying Knowledge for Sustainable Evolution of Maritime Sector

Maritime, Global Trade, Ports, Shipping, Shipping Line, Trending News
NEW DELHI : Sagarmanthan – The Great Oceans Dialogue, an initiative by the Ministry of Ports, Shipping & Waterways (MoPSW) and the Observer Research Foundation (ORF), drew a successful closure here on Tuesday, November
November 20, 2024

PM Modi addresses G 20 Session on Sustainable Development and Energy Transition

Trade, Associationn, Business, Economy, Finance, Global Trade, Trending News
RIO DE JANEIRO : Prime Minister Shri Narendra Modi addressed the session of the G 20 Summit on Sustainable Development and Energy Transition. Prime Minister noted that during the New Delhi G 20 Summit,
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