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World container index continues steady decline: Drewry

The Drewry World Container Index reduced week-on-week by 2.7% to $1494.46 per 40-foot container this past week. The combined index…
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The United Kingdom includes shipping into the emissions trading scheme

The UK, following the European Union, has included the Emission Trading Scheme (ETS) from 2026 into domestic shipping and it…
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Autonomous navigation expedition between Korea and Taiwan completed

Samsung Heavy Industries, a South Korean shipbuilder has successfully displayed a demo of the autonomous vessel navigation from South Korea…
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NYK to induct the world’s first engine air compression system

Nippon Yusen Kaisha (NYK) is likely to install a variable compression ratio system (VCR system) on large two-LNG-fuelled coal carriers…
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India and Iran continue talks for a new deal on Chabahar Port, long-term contract expected soon

India & Iran are moving ahead on signing a long-term contract outlining New Delhi’s investments in the strategically located Chabahar…
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Centre considers floating LNG storage at the major ports

The centre is planning to propose Liquefied natural gas (LNG) dispensing stations as an interim measure for trucks inside ports…
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