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The Singapore Registry of Ships (SRS) has reached the 100 million gross tonnage (GT) mark with the registration of AET’s Very Large Crude Carrier (VLCC), Eagle Veracruz.Administered by the Maritime and Port Authority of Singapore (MPA), the SRS regulates Singapore-flagged ships and ensures that ...
Reuters has reported that the Panama Canal’s toll revenues have dropped by roughly $100 million since October 2023, month-on-month (MoM).According to the canal’s administrator, reduced income from tolls could total around $700 million come Spring, should this trend continue.Drought impediments ...
PSA Mumbai, based in Jawaharlal Nehru Port (JNP) in Maharashtra, has handled over 2 million TEU in 2023.Container volume increased by 30 per cent year-on-year (YoY) throughout the year, with the terminal processing over 2,000 container rakes and docking 834 ships.To commemorate this significant m...
A.P. Moller – Maersk (Maersk) has broken ground on its planned Cold Store facility in Mehsana, Gujarat, in western Inia.The brand-new facility, developed specifically for HyFun Foods, will provide temperature-controlled storage options for perishable frozen processed food items.The facility will...
APM Terminals (APMT) Pipavav has signed a series of Memorandums of Understanding (MoU) to develop a complete green hydrogen ecosystem and port infrastructure.The first-move advantage of this initiative will reportedly provide economic benefits for both the local and regional economy, boost employ...
The Hamburg Port Authority (HPA) and Hamburger Energiewerke (HEnW) are forming a joint venture to accelerate the Port of Hamburg’s decarbonisation.To that purpose, renewable energy sources such as photovoltaics and wind power will be enhanced in the port area, as well as renewable energy soluti...
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