The recent arrival of COSCO Shipping’s new liquefied natural gas (LNG) dual-fuel roll-on/roll-off (RoRo) vessel, Min Jiang Kou, at Jebel Ali Port in the United Arab Emirates marks a pivotal moment in sustainable maritime practices. This event represents the first time such an advanced vessel e
On August 10, 2024, a significant explosion rattled the Port of Ningbo-Zhoushan in China, casting a spotlight on the critical issue of shipping safety. The incident involved the container ship YM Mobility, operated by Taiwan’s Yang Ming Marine Transport Corp. The explosion, which was felt up to a k
The strategic collaboration between Bahri, the National Shipping Company of Saudi Arabia, and Ma’aden, the largest multi-commodity mining and metals company in the Middle East, signifies a transformative step towards localizing maritime industries and supporting the Kingdom's economic d
India's logistics sector is witnessing a remarkable growth trajectory, with projections indicating an impressive compound annual growth rate (CAGR) of 11% leading up to FY2027, according to a recent report by Rubix Data Sciences. The report estimates that the sector will burgeon to a
The shipping industry, particularly the India-Europe ocean route, is witnessing a significant yet stabilizing change. Over the past month, spot rates for shipments have seen a noticeable decline, reflecting a balanced supply-demand environment. Major carriers such as Maersk have adjusted their
NOVA Infrastructure, a prominent middle-market infrastructure private equity firm, has revealed the sale of Bold Holdco, LLC to a group of institutional investors advised by J.P. Morgan Global Alternatives’ Global Transportation Group. Bold Ocean, headquartered in Annapolis, MD, is renowned for its
