AI can help shipping industry cut down emissions : Reports
The global commercial shipping industry could cut down its carbon emissions by 47 million tonnes per year by deploying artificial intelligence for sea navigation, a study by autonomous
Ocean freight rates in rough waters on congestion, Red Sea crisis
LONDON : Indian traders are reeling under the impact of rising ocean freight rates, triggered by the Red Sea crisis and congestion at several key ports in the
Singapore Port container logjam worsens as ships avoid Red Sea
SINGAPORE : Singapore’s port, already one of the busiest in the world, is facing a sustained period of congestion as vessel diversions to avoid the Red Sea push
Hapag-Lloyd sees prolonged Red Sea re-routings regardless of ceasefire
HAMBURG : Hapag-Lloyd told Reuters that the German shipping company does not expect the Suez Canal to be open again anytime soon, despite a recent ceasefire between Hamas
Navigating challenges in the Red Sea and Beyond : Maersk
COPENHAGEN : The global logistics industry is currently navigating through unprecedented challenges due to the ongoing situation in the Red Sea. The ripple effects are being felt on
US and UK air strikes hit Yemen, Houthi-run TV reports
YEMEN : The United States and United Kingdom have carried out six air strikes against targets in Yemen, a Houthi-run television station reports, as the Yemeni group targets
Shipment delays double as ships clog up Singapore’s ports
SINGAPORE : The world’s second busiest container port at Singapore has seen a major spike in congestion, forcing carriers to stretch charter agreements and to build container fleets
Red Sea crisis: Government must come to the rescue of MSME exporters
NEW DELHI : Logistics cost has serious implications on the country’s manufacturing sector, export competitiveness and global positioning. The Red Sea route, which is shorter and faster, was the
Red Sea crisis: Container shortage & soaring shipping costs drive up cost of white goods
KIEL (GERMANY) : The ongoing conflict in West Asia, particularly in the Red Sea region has severely impacted global shipping, causing a significant increase in sea freight costs
Indian container cargo to grow at 8% in FY25 amid Red Sea crisis
NEW DELHI : India’s coal cargo throughput at ports is estimated to grow at a CAGR of 3-4 per cent from FY24 to FY26, despite an anticipated decline