Fundacion Valenciaport has launched CustomAI, a new initiative designed to upgrade how customs inspections work. In collaboration with the Spanish Tax Agency (AEAT), the Guardia Civil, and 18 other European…
For the 16th consecutive year, China has retained its title as the world’s leading shipbuilding nation. New figures released by the Ministry of Industry and Information Technology mentions the country…
Maersk confirmed on Thursday that it will lay off 1,000 corporate employees. The move is a direct response to deteriorating freight rates and the “gradual reopening” of Red Sea routes,…
Operations at Bangladesh’s main maritime gateway, Chattogram Port, remained paralyzed yesterday. The ongoing work stoppage has brought movement to a crawl, and the export sector is taking the hardest hit.…
Steel Authority of India Limited (SAIL) has signed a Memorandum of Understanding (MoU) with RITES to overhaul logistics across its plants and mines. SAIL runs a dedicated mini-rail network within…
The maritime community is facing a distressing situation today. A young deck cadet from Bhadrak, Odisha, has gone missing while on duty in the Indian Ocean. Sarthak Mohapatra, serving with…
China’s first 10,000-ton electric containership has officially begun its sea trials. Named the Ning Yuan Dian Kun, the vessel is being hailed as the largest of its kind and a…
MSC Mediterranean Shipping Company announces new freight rates from all Far East ports (including but not limited to ports in Japan, Korea, and Southeast Asia) to Northern European and Mediterranean…
Maersk has announced a schedule adjustment on its Asia–East Coast Latin America (ASAS2) service. The carrier is removing sailings to align with the traditional dip in demand caused by the…
The U.S. Department of Transportation has officially approved a license for Texas GulfLink to build a deepwater crude oil export terminal off the Texas coast. This is a significant milestone…
Kiyaan Singh