KYC more important than ever in shipping
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
Maritime appetite for cyber risk notably higher than other key industries : DNV Report
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
Construction starts on ‘world’s first’ methanol dual-fuel intelligent VLCC
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
Blue Orange Wave wins award at Crew Connect Global
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
Drewry’s World Container Index remains stable last Week
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
Baltic index rises as capesize segment logs gains
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
Indian trade deficit narrows to $27.14 billion in Oct ; Commerce Secy calls WTO projections pessimis
NEW DELHI : India’s merchandise trade deficit or the gap between import and exports narrowed to $27.14 billion in October, revealed the data released by the Ministry of
Seafarers Welfare Meeting organized by Dr. N. Reuben Paul, Chairman of the Merchant Navy Welfare Boa
MUMBAI : Dr. N. Reuben Paul, Chairman of the Merchant Navy Welfare Board (India), convened a high-level meeting with key members of the Board to address the ongoing
Hapag-Lloyd CEO expects shipping strength to continue
HAMBURG : Hapag-Lloyd’s CEO said on Thursday he expects continued strength in container shipping volumes, which are driven by global demand for transporting goods and seen as a proxy for
Allcargo Logistics reports strong Q2FY25 Results with 30% revenue growth
MUMBAI : Allcargo Logistics has released its financial results for Q2 FY 25, posting consolidated revenue of Rs 4,301 crore, a 30 per cent year-on-year (YoY) increase. The