Shipping - Page 22

JNPA handled 7.89 million tonnes of total cargo in Aug-2024 which is higher by 7 percent as compared to traffic in Aug-2023.

Spot ocean rates had declined by over 20% by mid-August from their peak in early July

First IPCSA Foresight meeting to be held in Dubai on November 13-14 will be sponsored by Kale Logistics Solutions

On a Y/Y level, schedule reliability in July 2024 was -12 percentage points lower.

Classification society DNV has signed a Memorandum of Understanding (MoU) with the Mumbai Port Sustainability Foundation (MPSF), a non-profit entity...

Also inaugurates and lays foundation stone of 218 fisheries projects worth around Rs 1,560 crore

Astro owns 26 offshore support vessels and has a roster of tier-1 customers in EPC, oil & gas and renewables industry

Loan from NABARD carries 8.40% interest per annum with a tenure of 15 years

Agreement facilitates revision of wage structure and addresses other service conditions including pensionary benefits.

"Our ongoing efforts in equipment electrification will minimise carbon footprint & promote sustainable practices."

Project aims to reduce carbon emissions from vessels during port stay, a key decarbonisation goal for APM Terminals

"Had the fleet not grown substantially before the Red Sea crisis began, it could have developed into a major crisis."