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November 8, 2024

DNV Grants Approval in Principle to HD Hyundai Heavy Industries for Ammonia DF large container vessel

International Shipping, Container, Maritime, Shipping Line, Trade, Trending News
SEOUL : DNV has awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for its 15K ammonia fuelled container vessel design. This milestone follows the successful completion of a joint
November 8, 2024

Baltic Index gains as Capesize rates rise

International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index rose on Thursday, supported by gains in the capesize vessel segment. The index, which factors in rates for capesize, panamax and supramax shipping vessels,
November 8, 2024

Wilson Sons certifies an unprecedented reduction of up to 55% in greenhouse gas emissions from Santa Clara Container Terminal cargo operations

Maritime, Foreign Ports, Trending News
RIO DE JANEIRO : With permanent focus on sustainable operations, Wilson Sons, which is among the leading port and maritime logistics operator in Brazil, produced an unprecedented result for Brazil’s logistics industry at Santa
November 8, 2024

LRQA validates Shipping Technology’s Emission Reporting Module

International Shipping, Maritime, Shipping, Technology, Trending News
ROTTERDAM : Certification institute LRQA (formerly part of Lloyd’s Register) has approved Shipping Technology’s CO2 Emission Reporting Module that calculates the CO2 emissions of inland navigation vessels and coasters. Inland shipping entrepreneurs are now
November 8, 2024

ClassNK awards first-ever notation for installing Hydroponic Vegetable Grower for Ship to improve seafarers’ living conditions

International Shipping, Maritime, Shipping Line, Technology, Trending News
TOKYO : ClassNK has granted its ‘ELW (HP)’ (Excellent Living and Working Environment (Hydroponics)) notation to ‘ROYAL LAUREL’, a bulk carrier owned by Tokei Kaiun Ltd. The vessel becomes the first in ClassNK registry to
November 7, 2024

Trump win may deliver better prospects for Indian manufacturers, exporters, say analysts

Trade, Economy, EXPORT, Finance, Global Trade, Trending News
NEW DELHI : With decks cleared for Donald Trump to occupy the Oval Office for the second time, Indian companies in the manufacturing and exports segments are in the limelight even as there has
November 7, 2024

Piyush Goyal unveils brochure and film for global mobility event, “Bharat Mobility Global Expo 2025”

EXPORT, COMMERCE, Global Trade, Logistics, Supply Chain, Trade, Trending News
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush Goyal while addressing the curtain raiser event for the Bharat Mobility Expo in New Delhi said that the event reflects the India vision
November 7, 2024

Piyush Goyal inaugurates EEPC India 70th Anniversary celebrations

EXPORT, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush Goyal along with Shri Jitin Prasada, Union Minister of State for Commerce and Industry ,inaugurated the celebrations of the 70th anniversary of the
November 7, 2024

EAM Jaishankar inaugurates India’s New Consulate in Brisbane

Trade, Economy, Finance, Global Trade, Trending News
BRISBANE : India’s new consulate in Brisbane was inaugurated on 4th of November, 2024 by External Affairs Minister Dr. S. Jaishankar, marking a milestone in strengthening India-Australia relations. Jaishankar highlighted the recent transformation in bilateral
November 7, 2024

Hapag-Lloyd orders 24 new container ships

Container, International Shipping, Logistics, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd has signed two contracts with two Chinese shipyards for a total of 24 new container ships. Of these, 12 newbuildings – each with a capacity of 16,800 TEU – will be
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