Shipping

Indian Navy to commission 3 frontline combat platforms on 25 January

02 Jan 2025

Indian Navy is poised for a landmark in its defence preparedness with the commissioning of three frontline combat

Govt launches ‘Jalvahak’ for regular cargo movement on inland waterways

21 Dec 2024

Early this week, India announced the launch of scheduled cargo vessel services on the main inland waterways that would facilitate regular movement of goods along the arterial rivers.

Goa to be developed as cargo and cruise hub

03 Dec 2024

The central government is investing Rs101.72 crore for developing international and domestic cruise terminals, besides a ferry terminal at Goa’s Mormugao Port

CMA CGM seeks data compliance under EU’s new import control system

14 Nov 2024

Shipping giant CMA CGM has asked its customers to be ready with the additional mandatory data required to be provided under the European Unions’ Import Control System 2 (ICS2) regulations

CMA CGM hikes freight rates from Asia; slaps container surcharge in the Americas

01 Nov 2024

Shipping giant CMA CGM has announced a hike in freight rates of all kinds (FAK) beginning 15 November 2024

Maersk signs long-term methanol deal for fuelling its container fleet

01 Nov 2024

Danish shipping giant Maersk, part of the AP Moller-Maersk Group, has signed a long-term agreement with LONGi Green Energy Technology Co Ltd

US port workers call off strike after tentative wage deal with employers

04 Oct 2024

US port workers across the East Coast and the Gulf of Mexico called off their three-day strike on Thursday, following a tentative deal with the employers group

East Coast dockworkers’ strike halts half of US port operations

02 Oct 2024

Dockworkers across 36 ports in the US East Coast and the Gulf of Mexico struck work on Tuesday over dispute with employers over wages and other issues

Govt launches `Cruise Bharat Mission’ to boost cruise tourism in India

01 Oct 2024

The central government has added ‘Cruise Bharat Mission’ to the long list of mission mode schemes that aim at revitalising various sectors of the economy.

CMA CGM acquires 48% stake in Brazil port terminal operator Santos Brasil

23 Sep 2024

French shipping giant CMA CGM has acquired 48 per cent stake in Brazilian port terminal operator Santos Brasil Participacoes, for about $1.15bn

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