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August 31, 2024

Container freight rates out of India begin to trend down after strong gains in July

Container, EXPORT, Maritime, Trending News
MUMBAI : Container freight rates on trades out of India have generally moderated in August with the exception of bookings to Europe, according to an analysis of market data . On the westbound India-Europe
August 31, 2024

Swan Energy to showcase its State-of-the-Art Shipyard at SMM Hamburg 2024

Maritime, Marine, Ship Building, Ship Repair, Trending News
MUMBAI : Swan Energy Limited (SEL), a prominent global conglomerate with diversified interests in Textiles, Real Estate, Petroleum & Petrochemical, Energy and Commercial & Defence Shipbuilding, is set to participate in SMM 2024 (Shipbuilding,
August 31, 2024

COSCO constructs twelve 14,000 TEU methanol-fuelled vessels

International Shipping, Shipping Line, Trending News
SHANGHAI : On 29 August 2024, COSCO SHIPPING Heavy Industry and COSCO SHIPPING Container Lines signed a contract in Shanghai for the construction of twelve 14,000 TEU container ships featuring dual-fuel methanol propulsion. This
August 31, 2024

ONE introduces new weekly services linking East Asia and Middle East

International Shipping, Shipping Line, Trending News
SINGAPORE : Ocean Network Express (ONE) announced the launch of its new weekly services—“Gulf Asia Liner Express (GLX),” “Central China Middle East Express (CMX),” and “South China Middle East Express (SMX)”—which will connect East
August 31, 2024

Panama Canal delays new long term booking system to October

International Shipping, Maritime, Trending News
EGYPT : Implementation of the Panama Canal Authority’s (ACP) new long- term slot allocation (LoTSA) system has been delayed until 1 October, except for LNG and LPG tankers. The new LoTSA for Neo-Panamax vessels
August 24, 2024

India-Ukraine pacts : PM Modi, President Zelenskyy sign 4 agreements to boost cooperation in agriculture, food, pharma, culture

Trade, Economy, Finance, Global Trade, Trending News
KYIV : Prime Minister Shri Narendra Modi and Ukraine President Volodymyr Zelenskyy on Friday (August 23) signed four agreements to boost cooperation between India and Ukraine in agriculture, food industry, medicine, culture and humanitarian
August 24, 2024

Sarbananda Sonowal reviews progress of National Maritime Heritage Complex Project, Lothal, Gujarat

Maritime, Defence, Ports, Shipping, Trending News
MUMBAI : Under the Sagarmala Programme, the Ministry of Ports, Shipping and Waterways is developing the National Maritime Heritage Complex (NMHC), a world-class facility at Lothal, Gujarat. NMHC is set to become an international
August 24, 2024

Sarbananda Sonowal celebrates the 1st NATIONAL SPACE DAY with young MTI cadets

Maritime, Ports, Shipping, Trending News
MUMBAI : The Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal visited Maritime Training Institute (MTI), Powai, a leading institution dedicated to imparting benchmark training in the maritime field for more than
August 24, 2024

DPA Kandla on the way to becoming a Green Hydrogen Hub

Ports, Maritime, Trade, Trending News
GANDHIDHAM : CEO of AM Green(India) Pvt. Ltd, Mr. Gautam Reddy, met Chairman, DPA for discussing plans for production of Green Hydrogen, Ammonia & its derivatives, at Kandla. Chairman, DPA appreciated the holistic planning
August 24, 2024

Not against E-Commerce, only want equal chance : Piyush Goyal defends fair play 

Export - Import, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : The next day after saying the rapid growth of E-Commerce in India was a matter of concern rather than pride at an event, Minister of Commerce and Industry Shri Piyush Goyal on
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