LONDON: Fitch Ratings has maintained its deteriorating outlook for the global shipping sector, reflecting geopolitical and policy risks, according to an Outlook report released today. The sector will also be affected by the lower
COPENHAGEN : International shipping majors are making a beeline to register their ships under the Indian Flag. Denmark shipping major A.P. Moller – Maersk (Maersk) is the latest with two of its ships –
The container shipping sector is entering a period of structural adjustment, as excess vessel capacity, declining freight rates and shifting global trade routes reshape commercial dynamics. According to Veson Nautical‘s Shipping Market Outlook for
NEW DELHI : India’s ban on ships carrying Pakistani goods from anchoring at its ports has increased freight charges and transit time, according to a media report. Following the Pahalgam terror attack, India imposed
By Will Wade The commercial shipping industry is chasing a novel carbon-free propulsion technology as it pursues a lofty climate goal: nuclear power. Shipping accounts for more planet-warming greenhouse gas emissions than Japan. The
OSLO : “Geo-politics is once again threatening the safety and stability of global supply chains so we must hope for de-escalation in the conflict between Israel and Iran, with concerns it could see a
SINGAPORE : The fast-changing geopolitical landscape is creating new risks and challenges for a shipping industry already juggling the energy transition and the legacy of the Covid-19 pandemic, according to Allianz Commercial’s Safety and
PARIS : Shifting trade announcements have led to unprecedented volatility in the global shipping industry in recent weeks, with industry players having to constantly adapt to new US tariffs. Cargo ships put to sea
NEW DELHI : Amid constant maritime threats arising out of geopolitical developments and a recent container crisis, the parliamentary standing committee on transport, tourism and culture on Tuesday called for immediate attention to the
NEW DELHI : The Ministry of Commerce and Industry recently held inter-ministerial discussion with stakeholders from the shipping industry, customs, Concor, Railways, exporters, freight forwarders and other logistics sectors on issues related to trade