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October 8, 2024

BIMCO and ICS issue guide to help maritime industry reduce underwater noise

International Shipping, Maritime, Trending News
LONDON : BIMCO and the International Chamber of Shipping (ICS) have developed a guide which aims to help the shipping industry understand and reduce underwater radiated noise from ships and help the industry implement
October 8, 2024

Baltic index hits over two-week low as capesize rates fall

International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s main sea freight index fell on Monday, to touch its lowest in more than two weeks led by a dip in the capesize segment. The overall index, which factors
October 8, 2024

BSC chartered Vessel from abroad as back-to-back fires on oil tankers raise concern

Tanker, Foreign Ports, International Shipping, Shipping Line, Trending News
DHAKA : The Bangladesh Shipping Corporation (BSC) has chartered a vessel from abroad to transport crude oil from mother vessels to the Eastern Refinery, as back-to-back fires on its two oil tankers have raised
October 8, 2024

Jumbo installs wind assisted propulsion to Jumbo Jubilee in latest decarbonisation move

International Shipping, Logistics, Project Cargo, Shipping Line, Trade, Trending News
ROTTERDAM : Jumbo is pleased to announce the successful installation of two mechanical sails to Heavy Lift Vessel (HLV) Jumbo Jubilee. The wind assisted ship propulsion (WASP) solution is the latest in a series
October 8, 2024

SeaCube Container Leasing adds to its Board of Directors

International Shipping, Company, Container, Logistics, Shipping Line, Trade, Trending News
WOODCLIFF LAKE : SeaCube Container Leasing, a global leader in intermodal equipment leasing solutions and one of the largest purchasers of refrigerated containers in the world, is pleased to announce the immediate addition of
October 8, 2024

BERG Propulsion OpWind® to optimize operations for sail and engine combustion

International Shipping, Maritime, Shipping Line, Technology, Trending News
HONO (SWEDEN) : BERG Propulsion has unveiled the OpWind® software system to help crews combine the operation of sails and propellers in the most efficient way in all sea conditions. OpWind automatically ensures that engine
October 7, 2024

India’s Maritime Legacy takes center stage as Sarbananda Sonowal announced Indian Maritime Heritage Conclave

Maritime, Ports, Shipping, Trending News
NEW DELHI : The Minister of Ports, Shipping, and Waterways Shri Sarbananda Sonowal convened a significant meeting with leading archaeologists, museologists, and historians of India to chart a course for promoting the nation’s rich
October 7, 2024

Govt Ports outpace private counerparts in cargo traffic growth

Ports, Private Port, Shipping, Trending News
NEW DELHI : In a reversal of usual trends, central government-owned ports, also called major ports, have outpaced their private and state-government counterparts in cargo traffic growth to date this financial year, the data
October 7, 2024

‘We Missed the Manufacturing Bus’ : Dr. S Jaishankar

Trade, Business, Finance, Global Trade, Trending News
NEW DELHI : India has missed the opportunity to scale up their manufacturing sector due to the lack of governance of the previous government and thus, manufacturing and infrastructure are the top priorities of
October 7, 2024

Financial woes of Exporters to be supported by Government Intervention

Trending News, COMMERCE, EXPORT, Finance, Trade
NEW DELHI : The Indian commerce department is actively working on a long term solution  to  address  the  credit issues  faced  by  exporters,  particularly  smaller  businesses. One  of  the  proposed  solutions  is a credit  guarantee  fund  for  export  finance,  which  would  allow  businesses  to  access
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