May 4, 2024
March 18, 2026
May 4, 2024
Evergreen and COSCO to transfer giant ships from North Europe to Mediterranean services
TAIPEI : Evergreen Marine Corporation and COSCO Shipping Lines will replace 13,000 TEU vessels with 20,000 TEU ships on their jointly operated Far East-Mediterranean service. The 20,000 TEU ships will be deployed from the
May 4, 2024
Sri Lanka Ports Authority reports nearly 48% rise in container volumes
COLOMBO : The Sri Lanka Ports Authority (SLPA) has reported a record 48 per cent year-on-year (YoY) rise in container volumes in the first quarter (Q1 2024). The total grew from 441,032 to 652,766
May 4, 2024
Saudi Red Sea Authority and NEOM signs MoU
RIYADH : Saudi Red Sea Authority (SRSA) has signed a memorandum of understanding (MoU) with NEOM. Under the terms of the agreement, the two parties will collaborate to develop legislation, regulations and technology in
May 4, 2024
Trade deficit narrows slightly to $69.4 billion in March : US Govt
WASHINGTON : The U.S. trade deficit narrowed slightly in March as a decline in imports was tempered somewhat by a plunge in exports. The trade deficit contracted 0.1% to $69.4 billion, the Commerce Department’s
May 4, 2024
World’s largest cargo ship ‘MSC Loreto’, capable of holding 24,300 containers, docks in Port of Felixstowe
SUFFOLK : The world’s joint-largest cargo ship has docked at Britain’s biggest and busiest container port, MSC Loreto arrived at the Port of Felixstowe here, from Le Havre in France on 30 April. Measuring 1,300ft,
May 4, 2024
Chemical Challenger sets sail as first ship with Green Award’s GHG Label for innovative wind technology use
ROTTERDAM : Green Award Foundation proudly announces that the Chemical Challenger, a chemical tanker operated by Chemship, has become the first vessel to receive the prestigious Green Award GHG Label for CO2 reduction through
May 3, 2024
Indian private ports register double-digit growth in FY24
NEW DELHI : The Ministry of Ports, Shipping and Waterways data showing that, India’s private ports continued to outperform those owned by the central government in 2023-24 (FY24), registering double-digit growth compared to 4.45
May 3, 2024
APSEZ FY24 net profit jumps 50% – Delivers 3x the India cargo growth rate and a record volume of 420 MMT
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (“APSEZ”) on Thursday announced its results for the quarter and twelve months ending 31 March, 2024. Particulars (Rs Cr) Q4FY24 Q4FY23 Y-o-Y Change FY24 FY23 Y-o-Y Change
May 3, 2024