In a significant move for the U.S. maritime sector, the United States Maritime Administration (MARAD) has officially selected the American Bureau of Shipping (ABS) to
Shreyas Shipping and Logistics, one of India's prominent container shipping companies, has undergone a major rebranding and will now operate under the name Transworld Shipping
Image:Orsted
Source:Reuters: Norwegian energy giant Equinor has acquired a 9.8% stake in Danish offshore wind farm developer Orsted, valued at approximately $2.5 billion, as
In a major development for the shipping industry, U.S. dock workers and port operators have reached a tentative agreement that ends a three-day strike affecting
Drewry, a leader in maritime research, has introduced new Breakbulk Sea Transport Indices to provide better market insights into the Project Cargo and General Cargo
Deutsche Bahn’s Supervisory Board has given the green light for the sale of its logistics subsidiary, DB Schenker, to Danish logistics giant DSV. In an
For the week ending 27 September 2024, the Drewry Port Equity Index (DPEI) surged by 4.1%, with both global and regional terminal operators contributing to
In a significant blow to the U.S. economy, dockworkers on the East and Gulf Coasts initiated a large-scale strike early Tuesday, effectively shutting down nearly