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SHIPPING CONTAINERS
In late 2020, New Jersey crews placed nearly 6,000 tons of retired container-inspection concrete forms on the seafloor off Manasquan, adding about 1.25 acres of reef habitatIn a significant environmental initiative, New Jersey's Bureau of Marine Fisheries has installed approximately 6,000 tons of concrete reef ...- Adani group did not attempt Vizhinjam port stake sale without govt approval: V D SatheesanReplying to an unstarred question in the Assembly recently, Satheesan said Adani Vizhinjam Port Private Limited (AVPPL) had submitted an ap...
- Hormuz war risk pushes crude shipping costs sevenfold, squeezes refiners' margins: Goldman SachsGlobal crude oil freight rates are rising due to war-related risks in the Strait of Hormuz and increased ship-to-ship transfers. Goldman Sa...
- Oil rises as US orders diplomats to leave Saudi Arabia amid escalating tensionsOil prices rose as Houthi attacks in Saudi Arabia increased tensions and led to US diplomatic withdrawals. Brent crude futures gained $1.29...
- Slew of Sops to help fuel ships' shift to methanolIndia is considering methanol as the primary fuel option for ships to support a green transition. The government plans to implement tax con...
- Deendayal Port Authority issues LoA to Essar Ports Ltd. to develop Multi-Purpose Cargo Terminal at Tuna TekraDeendayal Port Authority has issued a Letter of Award to Essar Ports Ltd. for developing a Multi-Purpose Cargo Terminal. This terminal will...
- 'Hormuz is closed until America accepts our conditions': Araghchi demands US to honour MoU commitmentsIranian Foreign Minister Abbas Araghchi insists the Strait of Hormuz will stay closed until the United States complies. He emphasizes that ...
- Maersk begins its first planned India dry dockingA.P. Moller - Maersk will drydock the Maersk Chattogram at L&T Shipbuilding's Kattupalli Shipyard in October 2026. This marks a significant...
- Global container freight prices surge 130% since February amid Middle East tensions: JefferiesGlobal container freight rates have surged by 130 percent since February 2026 due to Middle East tensions. India's container-based export-i...
- World's oldest shipwreck, which likely existed when the Great Pyramid of Giza was built, has just been found off the coast of TurkeyAn ancient shipwreck off the coast of Turkey has been discovered, believed to be the oldest known to mankind. Archaeologists have dated the...
- US military says Hormuz remains open, 97% of ships cross safely despite Iran attacksThe US military claims that 97% of vessels have transited the Strait of Hormuz safely. This follows recent incidents where Iranian projecti...
- Hegseth vows to stop Iran getting nuclear weapons as anti-war protesters disrupt speechUS War Secretary Pete Hegseth emphasized that the United States must act to prevent Iran's nuclear ambitions. Protests erupted during his s...
- Attacks in Strait of Hormuz reach highest level since start of US Iran war, security data showsAt least ten vessels have been attacked in the Strait of Hormuz since Sunday amid ongoing conflict. Four vessels were struck on Tuesday whi...
- Two Singapore-registered ships hit by projectiles in Strait of Hormuz, one sinksTwo container ships, GFS PRIDE and GFS GISELLE, were attacked while passing through the Strait of Hormuz. The first vessel, GFS PRIDE, sank...
- Container ship sinks near Hormuz after being hit by projectile, sources sayThe Singapore-flagged GFS Pride container ship, with a small 2,824 TEU (20-ft equivalent unit) capacity, had sunk, the sources said. The ve...
- Two ships hit by projectiles in Strait of Hormuz, maritime agency saysA tanker and a container ship were struck by projectiles of unknown origin in the Strait of Hormuz. This incident occurred while Iran has b...
- Three shipping containers transformed into one luxurious Wisconsin home with a private sauna, rooftop deck and hot tub. Check price, location and moreMaison Flambeau, located in the charming town of Ladysmith, Wisconsin, is an innovative holiday retreat crafted from three repurposed shipp...
- Indian rice exporters find a way through disruptions to retain competitiveness in Gulf marketIndian rice exporters have partnered with Eximwala Solutions to utilise bulk shipping for their products with an aim to significantly lower...
- Port of Los Angeles sets September volume record, executive director saysThe Port of Los Angeles achieved a new record for container volume in September with over one million TEUs. This increase is attributed to ...
- ET Evoke: ‘Shipping, moving 80% world trade, is far more volatile than stocks,’ says Harvard University's Myrto KalouptsidiMyrto Kalouptsidi, Harvard professor of international economics, explains how shipping disruptions at chokepoints such as Hormuz, Suez and ...
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