March 17, 2026
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April 22, 2024

Sri Lanka-China research vessel saga and maritime diplomacy in Indian Ocean

Maritime, Navy, Shipping, Trending News
China, a maritime power in the South China Sea and the Indian Ocean in the 14th century, has now undertaken a substantial expansion of its maritime infrastructure and naval fleet, poised to rival the
April 22, 2024

Liner shipping’s EU policy prorites for a sustainable, competitive, and secure maritime sector – World Shipping Council

International Shipping, Maritime, Trending News
WASHINGTON D.C. : The World Shipping Council (WSC) is calling on the EU to design policy frameworks that facilitate the essential role of shipping in a globally connected economy and to forge the path
April 22, 2024

Eureka Shipping announces construction of new cutting-edge cement carrier for Great Lakes Trade

Shipyards, International Shipping, Trending News
NORWAY : Eureka Shipping, a leading provider of sustainable, high-efficiency cement carrier services jointly owned by SMT Shipping and The CSL Group, is pleased to announce the construction of a state-of-art mechanical/pneumatic cement ship
April 22, 2024

Baltic index hits over 3-week high as vessel rates climb

International Shipping, Maritime, Shipping, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight hit a more than three-week high on Thursday, driven by robust demand across all vessel segments. The overall index, which factors in rates for capesize,
April 20, 2024

Jawaharlal Nehru Port Authority takes strides towards green future with Zero Emission Trucking initiative

Ports, Logistics, Transport, Trending News
MUMBAI : The Jawaharlal Nehru Port Authority (JNPA), a leading container handling Port in India, marked a significant milestone in its journey towards sustainability with the announcement of its Zero Emission Trucking (ZET) initiative.
April 20, 2024

PIL posts US$277.6 million earnings for FY2023, expects to stay profitable in FY2024

International Shipping, Logistics, Shipping Line, Trade, Trending News
SINGAPORE : Container carrier Pacific International Lines (PIL) posted US$277.6 million in net profit for FY2023 – about 10 per cent of its FY2022 earnings of US$3 billion – as freight rates tumbled. PIL’s
April 20, 2024

How Adani Ports unlocked growth potential of India’s seaports after acquisitions

Ports, Company, Private Port, Trade, Trending News
NEW DELHI : India’s largest private port operator, Adani Ports and Special Economic Zone Ltd (APSEZ), announced earlier this month that it handled a record 420 MMT (million metric tonne) cargo in FY24 (including
April 20, 2024

Maersk enhances ME2 Service between India and North Europe

International Shipping, Export - Import, Logistics, Shipping Line, Trade, Trending News
MUMBAI : Maersk announces a significant upgrade to its ME2 Ocean Service. As of third week of April, the ME2 service will include port calls to key destinations in North Europe, namely Rotterdam, Felixstowe,
April 20, 2024

PIL enhances presence in East Coast South America with two revamped direct services- East Coast Service 1 (ES1) and East Coast Service 2 (ES2)

International Shipping, Export - Import, Logistics, Shipping Line, Trade, Trending News
SINGAPORE : With the aim of improving and enhancing our presence in East Coast South America, Pacific International Lines (PIL) is pleased to introduce two revamped weekly direct services, connecting key ports in China,
April 20, 2024

Indian Economy will be $34.7 Trn by 2047 with a per capita be $21K : PHDCCI

COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : Indian Economy will attain the size of $34.7 trillion by 2047, with per capita income of $21,000, a report by PHD Chamber of Commerce and Industry (PHDCCI) on ‘Viksit Bharat @2047’
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