Cosco Shipping warns ongoing geopolitcal risks clouds outlookTrade in emerging markets also boosted growth. Restocking in Europe and the US played a role. The company remains cautious about trade poli...
29 Aug, 2025, 10.02 AM IST
Asia-US sea freight rates set to extend declines amid tariff chaosAsia-U.S. sea freight rates are projected to decrease further in 2025 due to overcapacity and shifting trade routes influenced by tariffs a...
06 Aug, 2025, 10.42 AM IST
Adani's Vizhinjam port gets environment clearance for next phases: Kerala CM Pinarayi VijayanVizhinjam International Seaport has received clearance from the Union Environment Ministry for its next two development phases, aiming for ...
11 Mar, 2025, 02.09 PM IST
Red Sea crisis produces winners and losers in Asia as freight rates spikeWhile shippers like Cosco Shipping Holdings benefit from higher freight rates, exporters such as Miniso Group face increased logistics cost...
12 Sep, 2024, 10.01 AM IST
Adani Group's Vizhinjam Port gets ministry nod to run India's first transshipment operationsAdani Group's Vizhinjam Port in Kerala has received approval to operate as India's first transshipment port, facilitating the transfer of c...
26 Apr, 2024, 12.05 AM IST
Cargo handling capacity of ports to rise in 2024India’s cargo handling capacity at ports is expected to get a fillip from 2024 with commissioning of some facilities at Vizhinjam in Kerala...
28 Jul, 2023, 04.36 PM IST
- World fleet of idle vessels sinks to lowest since October 2011
Global idle containership fleet, bigger than 500 TEU, has reached its lowest level since October 2011
26 Aug, 2013, 10.56 AM IST
Shipping demand to grow by just 5.9% this year: ReportGlobal shipping demand is projected to grow by just 5.9% this year to 160 million TEU, according to the latest Clarkson - produced Containe...
13 Aug, 2012, 06.16 PM IST
- Central government to commission four hub ports
The central government will commission four hub ports on the west and east coast of the country as part of the national maritime agenda.
23 Dec, 2011, 02.24 PM IST
- Maersk Line to Merge Safmarine Operations in hope to reduce costs
The Safmarine brand name will stay, and more than 1,000 personnel in sales and marketing positions around the world will be able to keep th...
10 Oct, 2011, 04.57 AM IST
- Alphaliner's Top 50 box rankings remain unchanged
There is very little change in the standings of the top 50 container shipping lines despite the worse recession since the Dirty Thirties De...
27 Sep, 2010, 12.56 AM IST
- Container ship deliveries to hit record in July
Deliveries of new containerships will hit a record monthly high of 200,000 20-foot equivalent units (TEUs) in July, extending a year long i...
26 Jul, 2010, 12.53 AM IST
- Trade, unions start reacting to increasing piracy off west African coast
The International Transport Workers' Federation (ITF) Seafarers Section has urged ships not to transit the Gulf of Aden and off the coast o...
30 Nov, 2009, 02.12 AM IST
- Record number of ships go idle
Some 165 containerships totalling 430,000 TEU were idle just before December 25, up from 300,000 TEU two weeks earlier, based on Paris-base...
05 Jan, 2009, 04.28 AM IST
- Box ship orders collapse: Clarkson
Annual global container trade growth has dropped below the double-digit level this year for the first time since 2001.
29 Sep, 2008, 12.00 AM IST
- 'Stowaway cases double during last decade'
There was 100% increase in stowaway incidents in the last decade, which cost the international shipping industry more than $20 million a ye...
24 Mar, 2008, 03.01 AM IST
- Wartsila brings another first
Ship power major Wartsila Corporation has recently introduced world’s first 14-cylinder low-speed engine in a large, fast container vessel.
18 Sep, 2006, 03.24 AM IST