News Flash

Bureau Veritas and Kongsberg launch new capability for digitised machinery maintenance

Bureau Veritas, a world leader in testing, inspection, and certification, has taken a significant step forward in the delivery of...
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The Tripartite Table Ends With The Consensus Of The Government, Seafarers And Shipowners

As part of the commitment powered through the Panama Maritime Authority (PMA) with the maritime, port and logistic sectors of...
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First accredited low-carbon ammonia shipment for power generation dispatched from Saudi Arabia to Japan

A first shipment of independently-certified low-carbon ammonia has arrived in Japan for use as fuel in power generation. It represents...
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India’s Adani Ports to consider buyback of debt securities

India’s Adani Ports and Special Economic Zone APSE.NS, a group company of the beleaguered Adani Group, said on Wednesday it...
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Gas, coal demand in focus as India issues heat wave warning

A harsh summer season and above normal maximum temperatures in parts of India has triggered expectations of increased fuel consumption...
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DP World’s Vallarpadam Terminal suffers Volume setbacks

In a major blow to its growth ambitions, DP World’s flagship VallarpadamTerminal in Cochin Port, suffered significant traffic declines in...
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ONE increases sailing frequency for Africa, India and Middle East (AIM) Service

Ocean Network Express (ONE) is pleased to announce that the Africa, India and Middle East (AIM) service will increase its sailing...
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Maersk’s new container protection prices for India

Maersk has informed of an upcoming change in the tariff for its product, Container Protect, effective as of 15th May...
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West Coast port union, employers reach tentative agreement

The International Longshore and Warehouse Union (ILWU) said on Thursday it had reached a tentative agreement with the U.S. West...
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Russian vessels ‘mapping Nordic subsea energy assets’

Russian spy ships have been mapping offshore wind farms, gas pipelines, electricity interconnectors and internet cables in waters around Denmark,...
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Geopolitical tensions and ‘friendshoring’ may redefine global trade patterns, warns Xeneta

Mounting geopolitical tensions, shifting alliances and changes in the flow of foreign investment threaten to gradually remould global trade patterns,...
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Post Panamax Container values soften on MSC’s new purchase

Post Panamax values have softened as a result of MSCs recent purchase of the Lisbon (6,078 TEU, May 2003, Hanjin...
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Baltic index logs best day in over 5 weeks on growing vessel demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, posted its biggest single-day gain...
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More Investment Dripping Through in the Newbuilding and S&P Markets

Activity was rather increased this past week, both in the newbuilding, as well as the S&P markets. In its latest...
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India and Russia plan big on transport corridors — Mundra to Saint Petersburg, Chennai to Vladivostok

FESCO, one of the largest private transport and logistics companies in Russia, has announced that it has signed an agreement...
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India won’t overtake China in economy even if it becomes world’s most populous nation

India has made headlines recently as the UN estimated that it may overtake China as the world’s most populous country...
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Goa’s logistics industry pushes for infra-update of Mormugao Port

The logistics industry of Goa has urged the Mormugao Ports Authority (MPA) to update its infrastructure in order to ensure...
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HMM to Test Shipboard Carbon Capture on Containership

South Korean shipping company HMM has announced plans to conduct field tests of a shipboard carbon capture system on board...
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Russia accuses Ukraine of sabotaging grain deal with bribery scheme

Russia on Wednesday accused Ukraine of sabotaging the Black Sea grain deal by demanding bribes from ship owners to register...
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IMO 2020 Implementation : Low Sulphur Go Green Recovery (LGGR) For May 2023

The International Maritime Organization (IMO) will implement a new sulphur cap for marine fuel oil starting 1st January 2020, to...
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