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INTERNET BUSINESS NEWS-(C)1995-2024 M2 COMMUNICATIONS Japan-based transportation company Kawasaki Kisen Kaisha, Ltd. and UK-based Inmarsat Maritime, a Viasat company, said that 'K' LINE will conduct a trial of Inmarsat Maritime's [...]

Byline: Maritime Gateway Deepak Shetty, IRS, has been appointed by the Indian Institute of Management -- Mumbai (IIM-M) as its 'Visiting Distinguished Professor' with areas of coverage in the fields [...]

BofA lowered the firm's price target on Scorpio Tankers to $71 from $73 and keeps a Neutral rating on the shares. Led by softer market product tanker rates and slightly [...]

Bullish option flow detected in ZIM Integrated Shipping Services with 19,004 calls trading, 1.7x expected, and implied vol increasing over 4 points to 80.55%. Oct-24 25 calls and Oct-24 22.5 [...]

Byline: Maritime Gateway COSCO and ONE container lines have announced changes in their intra-Middle East/Indian Subcontinent service networks. Towards the end of October, Ocean Network Express (ONE) will enhance its [...]

Byline: Maritime Gateway Mr. Atit Mahajan, Managing Director of CMA CGM India, along with Mr. Jean Vanmalle, Vice President of CMA CGM Inland Services (CCIS), inaugurated the CMA CGM Group's [...]

Ocean Power has signed an agreement with 3B General Trading & Contracting Co. to explore projects in the offshore energy and maritime industry in Kuwait, including deployment of WAM-V autonomous [...]

BGC Group acquired Sage Energy Partners, an energy and environmental brokerage firm. This acquisition will expand BGC's energy brokerage services in the U.S. and support BGC's global growth efforts across [...]

Byline: Maritime Gateway Shreyas Shipping and Logistics, has rebranded to Transworld Shipping Lines to better identify with its parent company, Transworld Group. The renaming underscores the focus on integrating global [...]

Byline: Maritime Gateway From 125,526 units handled in the 2nd quarter the port went up to 175,583 RORO units handled as at the end of September. The Hambantota International Port [...]

A shipping line on the Chattogram-China maritime route started operation, with a Chinese goods-carrying vessel anchoring at the Chittagong port recently. MV Kota Angoon, the first ship on the route [...]

Byline: Steve Farrell | Lidl's climate targets for Scope 1 and 2 emissions have been blown of fcourse after the discounter founded a shipping line. Lidl said in 2021 that [...]

SEB NDEN Wrap chair takes over as guest editor - and gives his verdict on the hot sustainability issues , RECYCLING Producers urged to push ahead with labelling aer mandatory [...]

VELA, a French company focusing on 100 percent wind-powered maritime transport, reported a significant funding round of EUR40 million ($43 million USD)a round led by Credit Mutuel Impact, 11th Hour [...]

Bearish flow noted in ZIM Integrated Shipping Services with 32,483 puts trading, or 13x expected. Most active are Jan-25 15 puts and Jan-25 12.5 puts, with total volume in those [...]

Dockworkers agreed to end a three day strike after port employers offered a 62% increase in wages over six years, The Wall Street Journal's Paul Berger and Annie Linskey report, [...]

Byline: Maritime Gateway The surcharge will apply to shipments originating from India, Sri Lanka, the Middle East Gulf, and Djibouti, destined for North Europe, East and West Mediterranean, Adriatic, Black [...]

Susquehanna analyst Bascome Majors raised the firm's price target on Canadian Pacific Kansas City to $94 from $80 and keeps a Neutral rating on the shares. The firm says rail [...]

Susquehanna raised the firm's price target on Union Pacific to $260 from $250 and keeps a Neutral rating on the shares. The firm says rail fundamentals enter Q4 a 'mixed [...]

Susquehanna raised the firm's price target on Norfolk Southern to $280 from $255 and keeps a Neutral rating on the shares. The firm says rail fundamentals enter Q4 a 'mixed [...]

Susquehanna analyst Bascome Majors raised the firm's price target on CSX to $42 from $41 and keeps a Positive rating on the shares. The firm says rail fundamentals enter Q4 [...]

Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, reported that the world's first carbon-free, ammonia-powered maritime vessel successfully completed its maiden voyage. The company said the NH3 Kraken, [...]

Tens of thousands of dockworkers have launched a strike at ports along the East Coast and the Gulf of Mexico, which will cause immediate disruptions at ports that handle more [...]

In September, Philly Shipyard Inc., Philadelphia, delivered the 524.3'*88'6' Empire State, the first of five new purpose-built, modern training vessels for the U.S.'s state maritime academies. The U.S. Department of [...]

Karachi -- Gulftainer, a leading international ports and terminals operator and supply chain and logistics solutions provider, organised a meeting with key traders and freight forwarders in Shenzhen during the [...]

Byline: Maritime Gateway Mediterranean Shipping Company (MSC) has successfully moved a 390-tonne hydraulic hammer from Rotterdam to Singapore. Measuring 25.7 metres long (4.55 metres wide and 4.82 metres high), this [...]

Byline: Maritime Gateway COSCO SHIPPING Heavy Industry Co., Ltd. and COSCO SHIPPING Container Lines Co., Ltd have signed a contract in Shanghai for the construction of twelve 14,000 TEU container [...]

Byline: Maritime Gateway Shipping Corporation of India Ltd (SCI) has announced that its wholly-owned subsidiary SCI Bharat IFSC Ltd has commenced its business operation as a Finance Company at GIFT, [...]

Byline: Maritime Gateway In a new report which aims to provide a 'serious wake-up call to the industry', the UCL Energy Institute, UN Climate Change High-Level Champions and the Getting [...]

Indonesian electric vertical take-off and landing (eVTOL) developer Vela is progressing with development work for its Alpha vehicle. Indonesian electric vertical take-off and landing (eVTOL) developer Vela is progressing with [...]

Chevron Shipping Company, a subsidiary of Chevron U.S.A. Inc., and Mitsui O.S.K. Lines, Ltd. (MOL) reported an agreement to install Wind Challenger, a hard sail wind-assisted ship propulsion system developed [...]

Byline: Maritime Gateway CStar, CU Lines and UGL have expanded their cooperative efforts, forming a joint service known as the IMR, which CStar brands as MER1. This service has been [...]

Byline: Maritime Gateway MSC Mediterranean Shipping Company is poised to expand its orderbook with a newbuilding deal for 10 mega-size LNG dual-fuel container ships worth about $2.15bn. It has signed [...]

Byline: Maritime Gateway The countries announced the Quad-at-Sea Ship Observer Mission in 2025, to improve interoperability and maritime safety. The leaders of the Quad group of countries, Prime Minister Narendra [...]

Byline: Maritime Gateway With the long-awaited interim guidelines now finalized, the IMO's Maritime Safety Committee (MSC) is set to approve the list in December Following an intense week of negotiations, [...]

Crossword CRYPTIC CLUES Across 1. What one’s prepared to say (3,6)6. Spoil the girl endlessly (3)8. Naval escort provided by friends? (13)9. Get knotted again (5)10. Weep when last round [...]

Byline: Maritime Gateway GE Shipping may be assessing the container shipping industry in part because of the potential to establish a niche in a field with little Indian competition. With [...]

Byline: Maritime Gateway The largest container shipping company in the world made an agreement to purchase Bollore Africa Logistics for 5.7 billion euros in March 2022. It is now awaiting [...]

Byline: Maritime Gateway An index of spot container freight prices on eighteen major intra-Asia trade channels, weighted by volume, is called IACI. According to Drewry's new Intra-Asia Container Index (IACI), [...]

The company states: 'Viking is celebrating its historic return to China as the Viking Yi Dun completed her first voyage from Shanghai to Hong Kong (Shenzhen). Viking's new itineraries include [...]

Byline: Maritime Gateway The Great Eastern Shipping Company Ltd has acquired five ships, all second hand, for some $160 million since January this year as India's biggest private ocean carrier [...]

Byline: Maritime Gateway Tuticorin International Container Terminal Pvt Ltd, a unit of J M Baxi Ports & Logistics Ltd -- will begin operations on 16 September , 2024. South India's [...]

DNB Markets initiated coverage of Navigator Holdings with a Buy rating and $22 price [...]