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October 3, 2024

Container spot rates drop 43% in Q3, worst development in non-COVID year

Container, International Shipping, Shipping Line, Trending News
LONDON : “The Shanghai Containerized Freight Index (SCFI) fell another 10% in week 39. In total, the SCFI has dropped 43% during the third quarter, the largest Q3 drop in a year not affected
October 3, 2024

Metis joins RightShip’s Zero Harm Innovation Partners Program

International Shipping, Shipping Line, Technology, Trade, Trending News
ATHENS : Metis has joined the RightShip Zero Harm Innovation Partners Program. This partnership, which includes the broader ERMA FIRST group, aims to raise awareness of innovative solutions that promote a zero harm maritime
October 3, 2024

Lloyd’s Register launches new benchmarking platform to drive Digital Maturity in maritime

International Shipping, Maritime, Shipping Line, Tanker, Technology, Trending News
LONDON : Lloyd’s Register (LR) announces the launch of its Digital Maturity Framework and Index, a pioneering tool designed to help companies assess and benchmark their digital maturity.  The need for greater clarity and
October 1, 2024

Sarbananda Sonowal launches ‘Cruise Bharat Mission,’ to double cruise calls and passengers within Five years

Cruise Tourism, Maritime, Ports, Shipping, Trending News
MUMBAI : The Union Minister of Ports, Shipping & Waterways (MoPSW), Shri Sarbananda Sonowal, launched the ‘Cruise Bharat Mission’ from the Mumbai Port. Aimed at the boosting the tremendous potential of cruise tourism in
October 1, 2024

Piyush Goyal to co-chair 6th India-USA Commercial Dialogue meeting  in Washington D.C. with Ms. Gina Raimondo

Trade, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : At the invitation of the United States Secretary of Commerce, Ms. Gina Raimondo Union Minister of Commerce and Industry, Government of India, Shri Piyush Goyal, started to visit to the United
October 1, 2024

Gujarat CM sanctions Rs 245 crore for widening of 41 bridges in the state

Trade, Infrastructure, Transport, Trending News
GANDHINAGAR : To address the problem of traffic jams on narrow bridges, the Chief Minister Shri Bhupendra Bhai Patel sanctioned Rs 245.30 crore for the widening of 41 existing bridges and structures that are
October 1, 2024

Adani Ports reports 7% growth in cargo volumes

Ports, Shipping, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) managed to handle 183 million metric tonnes (mmt) of cargo during the period of April to August 2024. The company saw a 7% year-on-year growth
October 1, 2024

The Indo-Pacific Regional Dialogue 2024 (IPRD-2024)

Maritime, Associationn, Navy, Trade, Trending News
NEW DELHI : The 2024 edition of the annual apex-level international conference of the Indian Navy – the Indo-Pacific Regional Dialogue (IPRD) – will be held here on 03, 04 and 05 October 2024.
October 1, 2024

Struggle underway to unload ships, remove cargo from ports amid US East and Gulf Coast Port strike

Trending News, Export - Import, Foreign Ports, International Shipping, Logistics, Shipping Line, Trade
NEW YORK : A crippling strike at US East and Gulf coast ports is just hours away, spurring a last-minute race to get as many containers off ships and onto terminals as possible, and
October 1, 2024

US Port strike by 45,000 dockworkers is certain to begin at midnight

Foreign Ports, International Shipping, Maritime, Trending News
NEW YORK : The union representing U.S. dockworkers has signaled that 45,000 members will walk off the job at midnight, kicking off a massive strike likely to shut down ports across the East and
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