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Tag: Global Shipping

Renewed attacks on international shipping in the region are “indefensible” : IMO Secretary-General

International Shipping
LONDON : IMO Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Dominguez, issued the following statement,: “I unequivocally condemn the latest reported attacks on international shipping in the...

Global Shipping firms warn of rising trade costs amid route disruptions

Global Trade
LONDON : Global Shipping companies are facing mounting costs and capacity constraints as trade disruptions force cargo operators to rely on alternative routes, raising...

PM Modi meets Maersk Chairman in Gothenburg; Focus on Maritime Logistics, Port Infrastructure and Green Shipping Cooperation

Business
GOTHENBURG : Prime Minister Shri Narendra Modi met Mr. Robert Maersk Uggla, Chairman of Maersk, in Gothenburg, holding wide-ranging discussions on expanding investments and...

Global Shipping Lines eye India’s expanding Multimodal Logistics Infrastructure

Global Trade
NEW DELHI : India’s evolving logistics landscape and the growing emphasis on integrated supply chain infrastructure are drawing heightened interest from global container shipping...

UK and France to co-host 40-nation summit to restore shipping in Strait of Hormuz

Global Trade
LONDON : UK and France will host a 40-nation summit this week to restore navigation in the Strait of Hormuz as global shipping disruptions...

Fitch Ratings: Global Shipping Outlook Is Deteriorating in 2026

International Shipping
LONDON: Fitch Ratings has maintained its deteriorating outlook for the global shipping sector, reflecting geopolitical and policy risks, according to an Outlook report released...

Global Shipping lines make a beeline to reflag their ships in India

International Shipping
COPENHAGEN : International shipping majors are making a beeline to register their ships under the Indian Flag. Denmark shipping major A.P. Moller - Maersk...

Global Shipping Giants bet big on ULCVs as trade flows evolve

Economy
The container shipping sector is entering a period of structural adjustment, as excess vessel capacity, declining freight rates and shifting global trade routes reshape...

India’s ban on ships carrying Pakistani cargo hits shipping costs, delays freight: Report

COMMERCE
NEW DELHI : India's ban on ships carrying Pakistani goods from anchoring at its ports has increased freight charges and transit time, according to...

Nuclear-Powered Ships may reshape trade with cleaner, faster transport

International Shipping
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...
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