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June 8, 2024

Chinese exporters vying for slots on container ships face months of anxiety : DHL

EXPORT, International Shipping, Logistics, Transport, Trending News
SHANGHAI : A shortage of slots on container vessels leaving China, which has caused a surge in freight rates, is unlikely to ease in the coming few months because global shipping giants have no
June 8, 2024

Container spot rates expected to rise in June again

Container, International Shipping, Trending News
LONDON : Fears over a shortage of capacity have continued to push up container freight rates over the past week, hitting levels only previously seen during the pandemic. Drewry’s World Container Index (WCI) was
June 8, 2024

US bridge closed after MSC container ship lost control at ‘full throttle’

International Shipping, Shipping Line, Trending News
CHARLESTON : A major bridge in Charleston, South Carolina, was temporarily closed on Wednesday afternoon after a crew lost control of a large container ship after it left port. The U.S. Coast Guard was
June 8, 2024

Ghana’s New Ship Repair Dock Project Funding sealed as financiers sign $94 MN Syndicated Loan

Maritime, Foreign Ports, Trending News
ABIDJAN : A consortium, including the African Development Bank, has signed an agreement to extend $94 million in senior debt funding to PMD Assetco Limited (PMD) for the construction and operation of a floating
June 8, 2024

Tototheo Global and Neuron partner to bring AI-optimised multi-provider satellite connectivity to the maritime industry

International Shipping, Maritime, Shipping Line, Technology, Trending News
LIMMASOL : Tototheo Global and Neuron have announced an agreement to deploy Neuron’s AI-powered quality of experience (QoE) management platform to vessels contracted to Tototheo. Through this partnership, Tototheo Global and Neuron will address
June 7, 2024

What PM Modi’s third term means for the World : Foreign media

Business, Economy, Global Trade, Trending News
NEW DELHI : India has played an increasingly larger part on the global diplomatic stage under Prime Minister Shri Narendra Modi — but his third term will see him look to take a starring
June 7, 2024

India attends IPEF Ministerial Meeting in Singapore

Trade, Associationn, COMMERCE, Economy, Global Trade, Trending News
SINGAPORE : Indian delegation led by Secretary, Department of Commerce, Shri Sunil Barthwal participated in the Indo-Pacific Economic Framework for Prosperity (IPEF) Ministerial Meeting held here on 6 June 2024. The IPEF Ministerial Statement
June 7, 2024

Visakhapatnam Port breaks into Top 20 in World Bank’s Container Port Performance Index

Ports, Shipping, Trending News
VISAKHAPATNAM : Secretary of the Visakhapatnam Port Authority Sri T. Venu Gopal announced that the Port breaks into top 20 rankings in World Bank’s Container Port Performance Index. The Terminal Operator M/s. VCTPL has
June 7, 2024

India and Qatar hold first meeting of Joint Task Force on Investment in New Delhi

Global Trade, Business, Economy, Trending News
NEW DELHI : In line with the vision of the leaderships of the Republic of India and the State of Qatar and with the objective of strengthening investment cooperation, the first meeting of the
June 7, 2024

SMP Kolkata begins direct container vessel service connecting Malaysia, Haldia & Myanmar

Ports, Shipping, Trending News
KOLKATA : The Haldia Dock Complex (HDC) of Syama Prasad Mookerjee Port (SMP), Kolkata has commenced direct container vessel service connecting Malaysia, Haldia and Myanmar. Agented by Eastern Liner Shipping MV SITC Nagoya, a
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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