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Transhipment container capacity drops in the first two months as the global economy slows

All the transhipment container volumes at the Colombo port dropped in the first two months of 2023 due to the global recession around 1.026 million…
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Japanese to create engines for alternative fuel mix

Japan Engine Corporation (J-ENG) is working with compatriot Akasaka Diesels to plan and build hydrogen and ammonia ship engines. The joint venture has received funding…
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Plans developed for a fully electric wind farm vessel service hub in Japan

A joint partnership between Miraj Ships, a Japan-based shipyard and Zephyrus Marine has come together to construct a zero-carbon offshore wind service vessel. Ad Hoc…
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CBRE reports Industrial and logistics sector leasing growth

According to a report by CBRE, the growth rate of industrial and logistics leasing is likely to slow down to 32-35 million square feet during…
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Indian imports braked by tech glitch in new customs clearance application

The new customs duty payment system introduced on April 1 this year continues to face challenges and glitches due to which the customs payment got…
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Russia and India explore Northern Sea shipping route

India and Russia have come together to expand the use of the Northern Sea shipping route that crosses via the Arctic and might include some…
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