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September 9, 2024

Maersk : Red Sea reroutings will continue as attacks intensify

International Shipping, Maritime, Trending News
COPENHAGEN : Shipping giant Maersk, the world’s second-largest liner operator, says it will continue to avoid trade routes through the Red Sea until safety of its seafarers and vessels can be guaranteed. In its August 2024
September 9, 2024

OCIMF has successfully completed the transition to SIRE 2.0 and withdrawn SIRE VIQ7 tanker inspection option

Tanker, International Shipping, Marine, Technology, Trending News
LONDON : The Oil Companies International Marine Forum (OCIMF) has successfully transitioned the marine industry to its digitalised version of the Ship Inspection Report Programme (SIRE 2.0). Vessel operators are now only able to
September 9, 2024

ClassNK grants Innovation Endorsement for Products & Solutions to ‘Infinity’, ‘Angel’ and ‘Spectrum’

International Shipping, Maritime, Technology, Trending News
TOKYO : ClassNK has granted its Innovation Endorsement for Products & Solutions to Cybersecurity solutions ‘Infinity’, ‘Angel’ and ‘Spectrum’ from Navarino Single Member S.A. In order to promote the spread and development of innovative
September 9, 2024

Lloyd’s Register partners on fuel cell and CCS study to support emissions reduction

International Shipping, Fuel, Maritime, Trending News
LONDON : Lloyd’s Register’s (LR) business advisory team is partnering with energy companies  ROTOBOOST and Amogy on a fuel cell and pre-combustion Carbon Capture Storage System (CCS) study to assess opportunities for emissions reduction. The joint development
September 6, 2024

Upcoming Vadhvan Port attracting significant global interest : Sonowal

Ports, Maritime, Shipping, Trending News, waterways
MUMBAI : Union Minister of Ports, Shipping, and Waterways Shri Sarbananda Sonowal said that, the upcoming Vadhvan Port in Maharashtra’s Palghar is attracting significant global interest and would create 12 lakh jobs once operational
India and Singapore ties with MoUs in Tech, Chips, and More
September 6, 2024

India and Singapore ties with MoUs in Tech, Chips, and More

Trade, Economy, Finance, Global Trade, Technology, Trending News
SINGAPORE : India and Singapore signed four key agreements to boost collaboration in semiconductors, digital technologies, healthcare, and skill development. This move strengthens their existing partnership and positions them for growth in critical sectors.
September 6, 2024

JNPA handled 639,336 TEUs in August 2024 an all-time high monthly container traffic at Port

Ports, Shipping, Trending News
MUMBAI : Jawaharlal Nehru Port Authority (JNPA) – India’s Best Performing Port, has witnessed an exceptional operational performance in August 2024. It has again set new benchmarks in the port performance. Driven by impressive
September 6, 2024

Sarbananda Sonowal meets Ambassador of UAE to India for maritime partnerships

Maritime, Global Trade, Shipping, Trending News
NEW DELHI : Union Minister of Ports, Shipping & Waterways Shri Sarbananda Sonowal met Ambassador of UAE to India, HE Abdulnasser Alshaali here. They both had a good discussion on furthering bilateral ties, especially
September 6, 2024

RBI Governor projects 7.2% GDP growth for FY25 despite weak Q1 performance

Trade, Economy, Finance, Trending News
. NEW DELHI : Shri Shaktikanta Das, The Reserve Bank of India Governor said on Thursday that even though the gross domestic product (GDP) growth for the first quarter of the financial year 2024-25
September 6, 2024

Indian Railways achieves 653 MT freight loading by Aug : Railway Board

Logistics, Rail Freight, Railway, Trending News
NEW DELHI : The Indian Railways‘ freight loading statistics for August 2024 highlighted the remarkable performance, as a total of 126.97 MT of freight was loaded in August alone, contributing to a cumulative total
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