March 19, 2026
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May 29, 2024

Opportunities and challenges at Chabahar Port

International Shipping, Foreign Ports, Terminal, Trending News
CHABAHAR : The recently concluded contract between India and Iran, which gives New Delhi rights to invest in and operate the Shahid-Behesti Terminal at Chabahar Port for another 10 years, has created many headlines.
May 29, 2024

Yemen’s Houthis attacked 3 Ships in Red Sea and Indian Ocean

International Shipping, Export - Import, Logistics, Maritime, Shipping Line, Trade, Trending News
YEMEN : A military spokesman for Yemen’s Houthi Group has announced that the group had launched attacks on three ships in the Red Sea and Indian Ocean. “The first (attack) targeted the American ship
May 29, 2024

Dry bulk sailing distances jump 31% for routes using the Panama Canal : BIMCO

International Shipping, Maritime, Shipping Line, Trade, Trending News
LONDON : “The limits in daily transits in the Panama Canal have significantly affected the dry bulk market, with transits down 74% y/y between January and April 2024. During this period, sailing distances for
May 29, 2024

IMO data numbers added to standardised noon report

International Shipping, Maritime, Trade, Trending News
DUBLIN : The Smart Maritime Council has released Version 1.0 of the Standardised Vessel Dataset (SVD) for Noon Reports, featuring a host of updates and refinements following the completion of a 12-month consultation process involving
May 29, 2024

A flood of cheap Chinese exports is putting the entire global economy at risk, France’s Finance Minister warns

EXPORT, Business, Economy, Global Trade, Trade, Trending News
ITALY : The entire World Economy is at risk from a glut of cheap Chinese exports, France’s Finance Minister Bruno Le Maire said in tandem with a barrage of joint criticism from the Group
May 29, 2024

Israeli-Turkish trade on life support as relations hit bottom

Trending News, Business, Economy, Global Trade
JERUSALEM : Israeli-Turkish trade has weathered many bilateral diplomatic storms over the decades and stayed on course, reaching billions of dollars a year, but Israelis fear it may not survive the latest rift over
May 29, 2024

Saudi Red Sea Authority Issues the First Cruise Ships Maritime Tourism Agent License to Cruise Saudi

International Shipping, Cruise Tourism, Trending News
RIYADH : Saudi Red Sea Authority (SRSA) has issued the first maritime tourism agent license for cruise ships to “Cruise Saudi”, a Public Investment Fund owned business based in Jeddah, KSA. As the maritime
May 29, 2024

Metis platform takes maritime analytics to the next level

International Shipping, Maritime, Technology, Trending News
BOSTON : Metis is launching a completely revised version of its analytics platform, whose additional information layers, advanced filtering and intuitive navigation also come with a new ‘look and feel’, which enhances user experience
May 29, 2024

TT Club urges more effective inventory management to reduce supply chain risk

International Shipping, Logistics, Trending News, Warehousing
LONDON : Utilising analysis of past claims relating to cargo theft within the warehousing and distribution arena in particular, TT has concluded that risks to goods escalate in environments characterised by confusion and disorganisation.
May 28, 2024

Central Govt targets Rs 10,000 crore from monetisation of ports in FY25

Ports, Shipping, Trade, Trending News
NEW DELHI : With the aim of increasing the share of public-private partnership (PPP) in ports, the Centre will look to monetise assets worth Rs 10,000 crore in 2024-25 (FY25), according to multiple sources
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