DUBAI : The Dubai-based Transworld Group (an Indian-owned family business in shipping) has expanded its fleet with the acquisition of four dry bulk ships in the last six months. The group, now, plans to
When national lockdowns stopped or slowed the flow of goods, the generally efficient maritime shipping industry suddenly had to contend with numerous challenges and supply chain disruptions became common. While the proximate causes varied,
JOHANNESBURG : Transnet, South Africa’s main port operator, has got operations back up after being struck by a cyber attack last week. “Transnet Port Terminals, in collaboration with the shipping lines is facilitating the evacuation
Adani Ports and Special Economic Zone (APSEZ) raises USD 750 Mn. of dual tranche 10.5-year and 20-year unsecured bonds in global capital markets Issuance increases the average life of long-term debt to over 7
GANDHIDHAM : A Mega Mock Drill on the theme earthquake was organized on 27.07.21 at 1100 hrs by CISF Unit DPT Kandla in association with DPT Kandla at abandoned building near Cargo Berth Number
GENEVA : The world’s second-largest container shipping company, Mediterranean Shipping Company (MSC) and the German drybulk shipowner and operator Oldendorff Carriers will join the Methanol Institute (MI) in order to boost decarbonisation through sustainable
For centuries the great port cities analysed in the recent Xinhua-Baltic International Shipping Centre Development Index report were built on the confluence of trade, people and ideas. Centred around ships and the presence of their owners,
Maritime is having to contend with the splintering of environmental regulations following last week’s proposal by the European Commission of a cap and trade system for shipping emissions. Analysis carried by shows that of
TASHKENT : On 15 and 16 July 2021, at the invitation of the Republic of Uzbekistan, WCO Secretary Mr. General Kunio Dr. Mikuriya spoke at the International Conference on Central-South Asia Regional Connectivity, held
LONDON : Container shipping The boom in the container market is continuing with no sign of abatement in the near term. Container freight rates on some routes are close to USD 13,000 per 40-foot container,