Transworld Group plans to double fleet within next two to three years
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
Singapore-Malaysian ships wait over five days in Chittagong
DHAKA : While outbound laden containers are piling up in depots, Chittagong port yards are full of boxes. At the same time, the vessels in Chittagong are experiencing severe berthing delays raising shippers and
MAN bags the world’s first order for methanol engine within container segment
GERMANY : MAN Energy Solutions has won the order to supply the world’s first, low-speed, dual-fuel engine to run on methanol within the container segment. Hyundai (HMD) will construct the 2,100-TEU vessel in Korea for A.P.
Warning: Book now or ‘Christmas may be canceled’
Containers don’t lie — and currently they tell the unvarnished ugly story of the supply chain bottleneck facing importers. U.S. shippers this holiday season will need more than Rudolph’s red nose to guide them
World faces shortage of merchant sailors to crew ships -study
LONDON : There could be a shortage of merchant sailors to crew commercial ships in five years if action is not taken to boost numbers, raising risks for global supply chains, a report said.
GSI secures new order for 16,000 TEUs boxship pair linked to MSC
GENEVA : CSSC-affiliated Guangzhou Shipyard International (GSI) has entered into a shipbuilding contract with China Shipbuilding Trading and CMB Financial Leasing for two 16,000 teu containerships linked to Mediterranean Shipping Co (MSC). The scrubber-fitted
SCI sees all-time high bulk trade; expects strong FY22 for all liner shipping cos
NEW DELHI : The Shipping Corporation of India is in the process of adding two LPG carriers to its existing fleet of 59 vessels. In an interview with, Mrs. Harjeet Kaur Joshi, CMD of
TS Lines orders an additional 1,900TEU boxship
HONG KONG : Taiwanese intra-Asia carrier TS Lines has ordered another 1,900TEU ship from CSSC Huangpu Wenchong Shipbuilding, adding to the four similar units that it has already ordered at the yard. The newbuilding