Latest News for: Shipping industry

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INS Tushil proves India-Russia collaborative prowess: Rajnath

Hindustan Times 10 Dec 2024
Made in India content is continuously increasing in many ships, including INS Tushil. The ship is a big proof of the collaborative prowess of Russian and Indian industries.” ... The ship, powered by an ...
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Hadjimanolis praises role of education in maritime industry

CyprusMail 09 Dec 2024
The Lloyd’s List Greek Shipping Awards 2024 brought together hundreds of industry leaders in Athens, celebrating the achievements of local and international shipping.
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GMS: Ship recycling market enters calmer period

SAFETY4SEA 09 Dec 2024
... an overall even playground with the end of week 49, not only is the shipping industry but even the ship recycling industry is going through a calmer period of fairly uneventful occurrences – at last.
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How the Houthis fired liner earnings to extraordinary highs

Splash24/7 09 Dec 2024
US-based Blue Alpha Capital estimates suggest liner shipping made a combined $26.8bn profit in Q3, more than twice what the container shipping industry earned in any previous full year outside of the covid era.
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Maersk: Lunar New Year, Labor Disputes, and Port Congestion Challenge European Shipping Market in 2025

gCaptain 09 Dec 2024
The early months of 2025 will present unique challenges and opportunities for the shipping industry ... Businesses typically rush to ship cargo before Chinese operations pause for celebrations, pushing freight rates higher.
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Mexico's $42 cruise passenger tax delayed. Here's when it will take effect.

Usatoday 09 Dec 2024
Take a sneak peak at the Disney Treasure ship setting sail in December ... ship, Disney Treasure. A new tax on cruise ship passengers visiting Mexico has been delayed following pushback from the industry.
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GMS Week 49 – ENCOURAGING…YET!

Hellenic Shipping News Worldwide 09 Dec 2024
As world economies seem to settle on an overall even playground ...
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Ship Recycling Market Ready for Some New-Year Optimism

MarineLink 09 Dec 2024
For ship recycling, a price floor ... This may finally see some optimism for its economy, and this should even have major implications for the shipping, ship recycling, and global industries at large.
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Methanol Milestone: Inside Maersk Halifax’s Green Methanol Conversion

gCaptain 09 Dec 2024
“This groundbreaking project marks a pivotal moment in the shipping industry’s journey towards decarbonisation,” said Sarath Prasannan, Senior Vice President and Head of Region Asia Pacific.
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Cruise ships may have to pay $42 per head for port calls in Mexico

Beijing News 09 Dec 2024
Mexico's Senate has approved a US$42 immigration fee for cruise ship passengers, sparking criticism from the tourism industry, which fears the charge could harm the country's $500 million-per-year cruise sector.
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Vard Completes Conversion of IT Infinity PSV to Cable Laying Vessel

MarineLink 09 Dec 2024
In 2024, the vessel returned to VARD for an extensive conversion, preparing it for its new role as a highly specialized CLV, bringing the ship a renewed purpose to meet the increasing demands of the subsea telecommunications industry.
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Climeon Signs Order With NovaAlgoma For Heatpower 300 Installation On Groundbreaking Cement Carrier

gCaptain 09 Dec 2024
This RINA-classed vessel will set a new benchmark for sustainable shipping in the cement industry ... This installation supports the maritime industry’s transition to cleaner, more efficient technologies and fuels.
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ICIS: Asia – US container rates fall despite global increase

SAFETY4SEA 09 Dec 2024
Container ships and costs for shipping containers are relevant to the chemical industry because while most chemicals are liquids and are shipped in tankers, container ships transport polymers, such as ...
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FCCA acknowledges six-month delay in implementation of Mexico’s new cruise tax

TravelDailyNews 09 Dec 2024
According to the cruise industry association, even a modest 15% reduction in cruise ship calls to Mexican ports could negate the intended economic benefits of the tax ... ports where cruise ships dock.
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Mexican soldiers will get a pay raise after elimination of oversight agencies, president says

Fox31 Denver 09 Dec 2024
And earlier this month, Mexico’s Senate — controlled by the president's Morena party — voted to charge cruise ship passengers $42 per head for port calls, drawing sharp criticism from the tourism industry.

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