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November 18, 2024

India-Japan Business Summit Focuses on SME Cooperation

Trade, Economy, Export - Import, Finance, Global Trade, Trending News
BENGALURU : The second edition of the India-Japan Business Summit (IJBS) in Bengaluru on Thursday focused on accelerating cooperation between Small and Medium-sized enterprises (SMEs) in Karnataka and Japan. The summit, a precursor to
November 18, 2024

EU corners India, developing world over carbon tax at COP29

Trade, Economy, Finance, Global Trade, Trending News
NEW DELHI : The European Union (EU) may have pushed India and other developing countries into a corner over opposition to the proposed carbon border adjustment mechanism (CBAM) by moving the discussion on the
November 18, 2024

CMA CGM announces PSS from Indian Subcontinent

International Shipping, Shipping Line, Trending News
MARSEILLE : A Peak Season Surcharge (PSS) of $1,500 per unit will be applied from the Indian Subcontinent, Middle East Gulf, Red Sea, and Egypt to the US East Coast and Gulf, according to
November 18, 2024

C.H. Robinson unveils new generation of logistics management

Logistics, Trending News
MINNESOTA : C.H. Robinson, the global leader in third-party logistics (3PL) and fourth-party logistics (4PL) services, with 35 million shipments and $22 billion in freight managed annually, today announced the launch of C.H. Robinson
November 18, 2024

KYC more important than ever in shipping

Maritime, Global Trade, International Shipping, Shipping, Shipping Line, Trending News
LONDON : The recent political shift in the US has brought renewed focus on the evolving sanctions landscape, particularly for the maritime industry. The increasing complexity of compliance requirements, the challenges faced by industry
November 18, 2024

Maritime appetite for cyber risk notably higher than other key industries : DNV Report

International Shipping, Global Trade, Maritime, Ports, Shipping, Shipping Line, Technology, Trending News
OSLO : A new report published by DNV reveals that the majority (61%) of maritime professionals believe the industry should accept increased cyber risk from digitalization if it enables innovation and new technologies. The
November 18, 2024

Construction starts on ‘world’s first’ methanol dual-fuel intelligent VLCC

International Shipping, Trending News
SHANGHAI : Dalian Shipbuilding, in partnership with China Shipbuilding Industry Corporation, has started construction of what is said to be the “world’s first” methanol dual-fuel intelligent very large crude carrier (VLCC) for China Merchants Energy Shipping
November 18, 2024

Blue Orange Wave wins award at Crew Connect Global

International Shipping, Education, Maritime, Trade, Trending News
THE HAGUE : Maritime digital training solutions provider Blue Orange Wave is proud to announce it has won the Crew Connect Global Award for Training and Safety at Sea. The award is presented to
November 18, 2024

Drewry’s World Container Index remains stable last Week

International Shipping, Container, Shipping Line, Trade, Trending News
LONDON : Drewry’s World Container Index remained stable at $3,440 per 40ft container last week. Drewry’s detailed assessment for Thursday, 14 November 2024
November 18, 2024

Baltic index rises as capesize segment logs gains

International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s main sea freight index rose on Friday, supported by a strong rise in the capesize vessel segment. The index, which factors in rates for capesize, panamax and supramax shipping
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