India shipping operations run into disarray as cyclone makes landfall
SINGAPORE : Shipping operations for commodities ranging from oil and coal to consumer goods and textiles will be delayed in the week ending May 22, as the cyclone Tauktae raged past India’s western coastline,
Massive Power-to-H2 Plant in Oman May Boost Shipping’s E-Fuel Supply
OMAN : Inter Continental Energy, the developer of the Australian Renewable Energy Hub (AREH) megaproject, has announced a new combined wind and solar plant in Oman. With the backing of Kuwaiti and Omani state-owned energy
Agility Reports KD 12.6 Million Net Profit for the First Quarter 2021
KUWAIT : Agility, a leading global logistics provider, today reported its first quarter 2021 earnings of 6.01 fils per share on net profit of KD 12.6 million, an increase of 28.7% over the same period
NYK Group Company Obtains DNV Certification for Online Cargo-Handling Training for LNG Carriers and …
TOKYO : Cargo-handling simulator training for LNG carriers and oil tankers conducted by NYK SHIPMANAGEMENT PTE LTD (NYKSM; headquarters: Singapore)* in an online environment has been certified by DNV, a ship classification association based
April exports yet again show an impressive performance on the back of extremely good order booking p…
NEW DELHI : Reacting to the trade data of April, 2021, Mr Sharad Kumar Saraf, President, FIEO said that the impressive growth reiterates our assessment that order booking position of our exporters is extremely
Methanol-dual fueled Chemical Tanker Takaroa Sun Conducts World’s First Barge-to-Ship Methanol…
TOKYO : The methanol dual-fuel chemical tanker Takaroa Sun, owned by NYK Bulkship (Asia) Pte. Ltd., a wholly owned subsidiary company of NYK, participated in the world’s first barge-to-ship bunkering* of methanol fuel. The
Pandemic Propels Makeover at Shipping Giant Maersk
COPENHAGEN : Maersk is accelerating its plan to transform itself from a container shipping giant into an integrated logistics company following its strong performance during the pandemic, Chief Executive Soren Skou said . Maersk, which handles one in
Evergreen Marine posts better than expected earnings in Q1
TAIWAN : At a time when freight rates have been on the rise due to strong demand and a supply shortage, Evergreen Marine Corp., the largest container cargo shipping company in Taiwan, reported better