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South Korea to start operating the world’s first green shipping route

South Korea is embarking on an ambitious project to establish the world's first green shipping route. The initiative will be spearheaded by HMM which is…
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Port congestion grapples the container markets

According to a new report from Bank of America, the container vessel supply has worsened due to port congestion since March and the major congestion…
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Panama Canal prepares for normal operations

The Panama Canal water levels have increased and have ignited exceptions of a potential return to regular operations for container shipping. It has been almost…
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Sea-air ‘barely viable’ as port congestion hits

The sea-air option is becoming less feasible for shippers looking for a faster route due to congestion at important transhipment points. Nick Coverdale, director and…
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MOL Secures LPG New Build Contracts with TotalEnergies

Mitsui OSK Lines (MOL) have partnered with Hyundai Samho Heavy Industries to develop a pair of 88000 cu m LPG carriers. The 230-meter-long LPG-fueled ships…
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CBIC reports: India actively pursuing customs mutual recognition agreements with nations

India is actively signing mutual recognition agreements with the customs authorities of seven nations and is discussing and negotiating for more such pacts with other…
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