Shipping industry urges governments to act on USD 5 billion decarbonisation fund
LONDON : The shipping industry has welcomed the growing momentum for a USD 5 billion R&D Fund for shipping, but is calling on governments to act in line
Volume of ship orders at highest levels seen since 2014
SINGAPORE : Ship orders in the year to date are at the highest volumes seen since 2014 despite many owners having severe reservations about future propulsion methods. A
World’s first hydrogen cargo vessel set for Paris debut
PARIS : The European innovation project Flagships will deploy the world’s first commercial cargo transport vessel operating on hydrogen later this year, plying the river Seine in Paris,
Shipping sector will recover fast; container freight rates may rise: Allcargo Logistics
The Suez Canal blockage has finally been cleared with the massive container ship, Ever Given being refloated. The blockage resulted in over 200 ships being stalled or redirected.
Ocean Network Express launches ‘ONE QUOTE’
Ocean Network Express (“ONE”) has launched a digital quotation platform “ONE QUOTE”, which is now available within ONE’s eCommerce website. Through “ONE QUOTE”, customers can receive an instant
Shipping stocks are suddenly revving up across the board
Tanker spot rates are horrible. Rates for gas carriers have fallen off a cliff. Only container shipping is booming. But you wouldn’t know that by looking at ocean
NYK Subsidiary Begins Wind Power Generation at Finished-Vehicle Logistics Terminal in Belgium
Toward the realization of an eco-friendly green terminal 11 wind turbines started operation on the grounds of a finished-vehicle logistics terminal owned and operated by International Car Operators
JNPT signs MoU with CIDCO for Development of Infra for Project Affected Persons at Port Area
NAVI MUMBAI: Jawaharlal Nehru Port Trust (JNPT), India’s premier container port, has announced that it has signed a Memorandum of Understanding (MoU) with City and Industrial Development Corporation