Company News

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Fuel costs rise as ships reroute amid the Red Sea crisis

Expressing concerns about maritime safety, the Chief Operating Officer (COO) of the Caravel Group, overseeing one of the world's largest…
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FTA between UK and India to be finalised post-formation of a new government in India

The signing of the India-UK free trade agreement is expected to occur after the establishment of a new government at…
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India bats for Improved Logistics Performance Index Ranking

India has intensified its efforts to improve its position on the International Logistics Performance Index (LPI) in a bid to…
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Environmental NGOs Advocate for Stricter CII Penalties and Standards

The IMO's Intersessional Working Group on Reduction of GHG Emissions from Ships (IWSG) was hosted from March 11 to 15,…
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Yang Ming to use sustainable biofuel to boost decarbonization efforts

Taiwanese shipping company Yang Ming Marine Transport Corporation has decided to integrate sustainable biofuel into its fleet in line with…
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The Green and Digital Shipping Corridor between Singapore and Japan

Singapore and Australia have signed a Memorandum of Understanding (MoU) to establish the Singapore-Australia Green and Digital Shipping Corridor (GDSC),…
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