June 18, 2024
May 24, 2026
June 18, 2024
Spot rate growth slows but ocean container shipping market will remain extremely challenging
OSLO : Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The latest data from Xeneta, the ocean freight rate benchmarking
June 18, 2024
Oil spill in Singapore after Van Oord dredger hits bunker tanker Marine Honour
SINGAPORE : Singapore’s Port Authorities are racing to clear up a serious oil slick after a Van Oord dredger hit a bunker tanker near Pasir Panjang Container Terminal along the city-state’s west coast on
June 18, 2024
ClassNK releases ‘FAQs on the FuelEU Maritime (2nd Edition)’
TOKYO : ClassNK has released ‘FAQs on the FuelEU Maritime (2nd Edition)’. FuelEU Maritime, an EU regulation aimed at promoting the decarbonization of fuels used on board ships, has entered into force and will
June 17, 2024
G7 Summit commits to promote IMEEC
APULIA/ITALY : The Group of Seven (G7) industrialised nations have committed to promoting concrete infrastructure initiatives such as the India-Middle East-Europe Economic Corridor (IMEEC) in the G7 Summit Communique issued at the end of the three-day
June 17, 2024
India’s major ports’cargo handling up 6% to 72 million tonnes in May
NEW DELHI : According to provisional and advance estimates data released by the Ministry of Ports, Shipping, and Waterways for April-May 2024-25, cargo handled at major ports increased by 4.02 per cent year-on-year (Y-o-Y)
June 17, 2024
Gautam Adani meets Tanzanian President Samia Suluhu for probabilities of a ‘long-term partnership’
TANZANIA : Billionaire industrialist Gautam Adani met Tanzanian President Suluhu Samia and discussed the possibilities of forging a long-term partnership with “one of Africa’s most promising nations”. “It was an honour to meet the
June 17, 2024
DPIIT assesses infrastructure projects of Railways, MoRTH and MoHUA to boost Gati Shakti scheme
NEW DELHI : The 72nd meeting of the Network Planning Group (NPG) reviewed three major infrastructure projects under the Prime Minister’s Gati Shakti National Master Plan (NMP), a national master plan for multi-modal connectivity.
June 17, 2024
Essar to invest Rs 30,000 Cr in green hydrogen plant in Gujarat over 4 yrs
MUMBAI : Essar Group plans to invest Rs 30,000 crore over the next four years in setting up a green hydrogen plant at Jamnagar in Gujarat as the metals-to-infrastructure conglomerate eyes clean energy as
June 17, 2024