News Flash

Baltic index marks first weekly fall in five

The Baltic Exchange’s main sea freight index edged higher on Friday on stronger demand in the larger capesize vessel segment,...
Read More

2030 And 2040 Climate Action Shipping Hangs In The Balance At The UN, Following A Week Of Talks

Countries must keep the pressure on the UN to commit to reducing emissions from global shipping before 2030, in the...
Read More

Bearish container shipping demand hits container prices and leasing rates across Europe

Excess containers stranded across Europe are causing congestion bottlenecks and space shortages at ports, warehouses, and storage yards, according to...
Read More

India: Manned Submersible For 6000 Meter Deep Ocean Mission Will Be Ready By 2026

The Earth Sciences and Science and Technology minister of India, Dr. Jitendra Singh mentioned that the Deep Ocean Mission has...
Read More

Various Initiatives And Projects Undertaken Under Sagarmala Programme To Facilitate Shifting Of Cargo From Conventional Land-Based Transportation To Coastal Shipping Mode

Under Sagarmala Programme, various initiatives and projects have been undertaken to facilitate shifting of cargo from conventional land-based transportation to...
Read More

Bulk carrier detained, drug search under way

Bulk carrier FRIENDLY ISLANDS was berthed at Maceio, Brazil, in the morning Mar 24, to undergo a thorough drug search by jointly...
Read More

Teekay Corporation Completes $30 Million Share Repurchase Program and Announces New Share Repurchase Program

Teekay Corporation (Teekay or the Company) (NYSE:TK) today announced that the Company has completed its previously-announced $30 million share repurchase...
Read More

Standard Chartered signs agreement to provide digital solutions to shipping industry

Standard Chartered Bangladesh and Mediterranean Shipping Company Bangladesh Ltd (MSC) have recently signed an agreement. According to the agreement, MSC’s...
Read More

Six Companies Team up to Build, Operate Japan’s 1st Methanol-fueled Coastal Tanker

Mitsui O.S.K. Lines, Ltd., MOL Coastal Shipping, Ltd., Tabuchi Kaiun Co., Ltd., Niihama Kaiun Co., Ltd., Murakami Hide Shipbuilding Co.,...
Read More

US-led alliance launches drone patrols to monitor Gulf energy shipping lanes

The latest ship attack around the Arabian Sea shows that even with a reopening of diplomatic relations between Saudi Arabia...
Read More

Oil spills and near misses: more ghost tankers ship sanctioned fuel

An oil tanker runs aground off eastern China, leaking fuel into the water. Another is caught in a collision near...
Read More

European Green Deal: Agreement reached on cutting maritime transport emissions by promoting sustainable fuels for shipping

The Commission welcomes the political agreement reached between the European Parliament and the Council that increases the maritime transport sector’s...
Read More

Baltic index gains as capesize rates rebound

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday buoyed by...
Read More

Shipping ministry to establish three Indian Ports as Hydrogen Hubs

The Ministry of Ports, Shipping, and Waterways (MoPSW) will develop two ports on India's east coast and one port on...
Read More

Massive Strike in Germany Forces Closure of Hamburg Port

A strike organized by public employees has forced the Port of HAMBURG to close down for more than 48 hours. As the...
Read More

Port of Montreal to Implement AI System to Reduce Vessels’ Carbon Footprint

Montreal Port Authority and Global Spatial Technology Solutions (GSTS) have announced a new project aimed at reducing the carbon footprint...
Read More

India: Coal, crude oil spike lead port cargo charge in FY23, shows govt data

India’s state-owned ports have registered a strong growth during the 11 months of the ongoing financial year due to enhanced...
Read More

Supply chain innovation central to LISW23 as DP World comes onboard as exclusive International Logistics Sponsor

The smooth flow of world trade will be a central topic at this September’s London International Shipping Week 2023 (LISW23)...
Read More

Crew Transfer Vessel for Ishikari Bay New Port Offshore Wind Farm Named “Rera As” The NYK Group’s First Domestic CTV Operation

On March 15, NYK announced the name of a crew transfer vessel (CTV)* for the Ishikari Bay New Port offshore...
Read More

Shipping Corporation of India share jumps as PSU fixes record date for demerger

Shipping Corporation of India demerger: Shipping Corporation of India (SCI) share price today ascended in early morning deals. In opening...
Read More
1 183 184 185 186 187 474