Southeast Asian businesses are looking to China’s newly opened Pinglu Canal to reduce transport bottlenecks and provide direct access to markets deep inside the country, but officials and analysts warn that the
The recent sinking of the MSC ELSA 3 off the coast of Vizhinjam, Kerala, serves as a stark reminder of the potential ecological and economic consequences of maritime incidents. This event, detailed
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Vincent Clerc, the CEO of AP Møller Maersk, the world’s second-largest container shipping group, has warned that using tariffs to reshape global supply chains would be a slow and unrealistic process, requiring
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The era of being truly off-grid at sea may be over — at least for the ultra-wealthy. Thanks to Elon Musk’s Starlink satellite internet service, luxury yachts are transforming into mobile high-tech
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The Vizhinjam Port Project in Kerala, constructed by the Adani Group—a private sector enterprise—in partnership with the Marxist-led Kerala government, is a refreshing development of far-reaching and significant importance, both economically and
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KPMG has resigned as the auditor for P&O Ferries, citing its inability to complete the audit of the company’s 2023 accounts to the “required standard.” The Big Four accounting firm stepped down
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Exclusive by Our Correspondents in New Delhi and Colombo Indian Prime Minister Narendra Modi has declined an invitation to visit the newly commissioned Adani-operated terminal at the Colombo Port during his recent
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The proposed hydrographic cooperation agreement between India and Sri Lanka, initiated by the previous regime, has ignited serious debate, with growing concerns over its potential to erode Sri Lanka’s control over its
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Danish shipping giant AP Møller-Maersk has finalized a deal to acquire the Panama Canal Railway, a key infrastructure link that connects the ports at both ends of the Panama Canal. This acquisition
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In a major milestone for China’s shipbuilding industry, the country has delivered its latest dual-fuel car carrier, capable of carrying up to 8,600 vehicles. The new vessel, named Wen Jing Kou, was
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Several significant investments in the maritime sector have been announced, showcasing a global push to enhance port infrastructure, green shipping solutions, and technological advancements within the industry. India’s $5.8 Billion Inland Waterways
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In 2024, 128 major maritime construction projects were launched globally, with a total investment of approximately $52.63 billion. The combined cost of the ten most expensive projects alone reached around $26 billion,
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A catastrophic maritime incident unfolded on March 10 in the North Sea as the U.S.-registered oil tanker MV Stena Immaculate and the Portuguese-flagged cargo vessel MV Solong collided off the coast of
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A catastrophic collision between a container ship and an oil tanker in the North Sea has triggered fears of a major environmental disaster, as emergency crews race to contain the fire and
More Shares in Clarksons, the world’s largest shipbroking company, plummeted by more than 20% on Monday following a warning that rising geopolitical tensions are negatively impacting shipping deals. The London-listed company reported in
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President Donald Trump has developed an intense focus on shipbuilding, even texting about rust issues late into the night, according to John Phelan, his nominee for Navy secretary. He has also floated
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