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CONTAINER SHIPS
Vizhinjam Port launches EXIM operations: Keralam CM flags off first container ships and announces launch of Mission SamudraKeralam Chief Minister V D Satheesan initiated EXIM operations at Vizhinjam port. Two container ships were flagged off, marking a new era f...- Red Sea blockade threat: Why India’s trade faces a wider supply-chain shockA prolonged disruption could force ships to reroute around the Cape of Good Hope, raising logistics costs while squeezing exporters and add...
- All aboard as Asian Games preparations enter 'final stages'; young athletes like Vaibhav Sooryavanshi to take the stageNext month, Nagoya will host the Asian Games, welcoming approximately fifteen thousand competitors ready to showcase their skills. Among th...
- All aboard as Asian Games preparations in Japan enter 'final stages'The Asian Games are set to begin in Japan next month with many competitors. Teenage stars like Alexandra Eala and Vaibhav Sooryavanshi will...
- In 1919, German crews sank their own fleet at Scapa Flow. 100 years later, its steel became prized by industry for being radioactive-freeIn 1919, German crews deliberately sank much of their surrendered fleet at Scapa Flow rather than allow the ships to be divided among the A...
- Kerala: Vizhinjam International seaport to begin full-scale export-import operations from August 18Vizhinjam International Seaport will begin full export-import operations on August 18. This marks a significant step for Kerala's maritime ...
- Chinese container vessel sails to Europe via Arctic, cutting shipment times in halfA Chinese container vessel has begun a new weekly service to Europe. This route through the Arctic significantly cuts shipment times in hal...
- India must strengthen shipping capacity, naval protection amid growing chokepoints: GTRIIndia must treat maritime insecurity as a long-term trade risk as the Red Sea crisis crosses 1,000 days, GTRI said. Longer shipping routes ...
- India’s digital logistics tracking platform crosses 10 crore EXIM container tracking milestoneIndia's Logistics Data Bank has successfully tracked ten crore export-import containers. This digital platform enhances domestic manufactur...
- India’s July trade deficit widens to $31.98 bn from $30.43 bn in JuneIndia’s merchandise trade deficit widened to $31.98 billion in July from $30.43 billion in June, exceeding economists’ estimate of $30.20 b...
- Ship pays $4 million to skip line to cross Panama CanalWhile typical transits through the waterway are paid by a flat rate via reservations, the Panama Canal Authority also offers customers an a...
- Sensex falls over 200 points, Nifty below 24,450 as oil nears $90/barrel. What lies ahead?On Wednesday, Indian stocks experienced a downturn as oil prices approached $90 per barrel. Analysts attribute this decline to geopolitical...
- Dollar subdued as markets await US inflation data for Fed cluesAs Asian markets greeted Wednesday, the dollar maintained its steadiness. Currency investors eagerly anticipated key inflation data from th...
- US fired on Panama-flagged ship that tried to break blockade of Iranian ports, WSJ reports citing US officialA US military helicopter fired on a Panama-flagged ship after its crew ignored warnings. The vessel, Vela Nova, was reportedly hit by a mis...
- Pakistan sees US-Iran deal close as Hormuz standoff drags on, Trump toughens stancePakistan's defense minister indicated a potential US-Iran arrangement regarding the Strait of Hormuz. Oil prices reacted to these conflicti...
- Mark Zuckerberg’s $300 million yacht Launchpad was nearby as Alaska cruise ship rescued stranded skiff after it ran out of fuel. Meta CEO explains why yacht did not respond immediatelyMark Zuckerberg’s $300 million yacht Launchpad was reportedly near a stranded 21-foot skiff in Southeast Alaska after the boat ran out of f...
- Batten down, ride out shipping stormShips are increasingly steering clear of the Suez Canal, resulting in port congestion and longer shipping times than usual. Driven by elect...
- Indian exporters suffer twists and turns of freight amid Lanka, Singapore transhipment jamIndian exporters face delays due to congestion at Singapore and Colombo ports. A surge in China-US trade is reducing container availability...
- India sails past China with 27% more officers steering the world’s shipsIndia has overtaken China in supplying merchant shipping officers, with 140,718 officers compared with China’s 110,893, according to the BI...
- Early surge in US container imports coming to an end, shippers sayUS container import volume, driven by tariffs and war surcharges, has peaked. Shippers are now well-stocked for the upcoming holiday shoppi...
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