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International Business: Shippers weigh unusual routes amid ongoing Middle East crisis
6+ hour, 18+ min ago (524+ words) Fri, 10 Apr 2026 Tue, 07 Apr 2026 Mon, 06 Apr 2026 Sat, 04 Apr 2026 Fri, 03 Apr 2026 Wed, 08 Apr 2026 Thu, 09 Apr 2026 SOME shippers caught between high jet fuel prices and congestion in vital Middle East waterways are now looking for transport routes in unexpected places, with a…...
Shipping firms adopt alternative routes amid rising global transport disruptions
10+ hour, 47+ min ago (311+ words) London, April 10 (SANA) Global shipping companies are turning to unconventional routes as disruptions intensify due to the ongoing US-Israeli-Iranian war, accompanied by a sharp rise in transport costs. With no clear signs of a breakthrough in the Strait of Hormuz…...
Vale Unveils First Ethanol-Powered Mega Bulk Carriers
15+ hour, 5+ min ago (523+ words) Credit: Anderson Bibico via Vale Brazilian mining giant'Vale'is pushing the boundaries of maritime decarbonization with plans to deploy the world's first ocean-going vessel powered primarily by ethanol'a move that could slash greenhouse gas emissions by up to 90%. The company announced…...
Transparency and Timely Action Restore Port Operations Amid West Asia Crisis | Business
12+ hour, 58+ min ago (250+ words) Union Minister Sarbananda Sonowal reviews port operations, emphasizing transparency in shipping charges amidst West Asia crisis. Timely government interventions cleared 90% cargo backlog, stabilizing trade. Port authorities are urged to ensure financial relief reaches stakeholders efficiently, as coordinated logistics address war-induced…...
Vale, Shandong Shipping Sign Deal for Ethanol-Powered Carriers
16+ hour, 26+ min ago (326+ words) Brazilian mining firm Vale has signed an agreement with China's Shandong Shipping Corporation to build the world's first ocean-going vessels powered primarily by ethanol, as part of efforts to cut emissions in maritime transport. The agreement covers the construction of…...
Fuel shock, Middle East turmoil push global freight rates higher
17+ hour, 29+ min ago (530+ words) Global freight markets are being reshaped by surging fuel costs and ongoing disruption in the Middle East, even as underlying demand remains relatively soft, according to Flexport's latest Freight Market Update webinar on April 9. Executives said both ocean and air…...
USA "monitoring" China retaliation against Panama ships
20+ hour, 59+ min ago (438+ words) Published 10th April, 2026 The US Federal Maritime Commission (FMC) is monitoring China's alleged retaliation against Panama-flagged vessels for its effect on global shipping, Freight Waves writes. According to published reports, China has detained more than 90 Panama-flagged ships at its ports, after…...
Nigeria secures "746m to upgrade Apapa, Tin Can Island Ports
22+ hour, 50+ min ago (677+ words) April 10, 2026 Agency report Business 0 The federal government has secured 746 million pounds for the modernisation of the Apapa and Tin Can Island Ports in Lagos. The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, made this known while declaring open,…...
Kandla Port pioneers methanol bunkering in step toward green shipping
1+ day, 12+ hour ago (223+ words) New Delhi: In a significant move toward decarbonising the maritime sector, Deendayal Port Authority (Kandla Port) has advanced its methanol bunkering capabilities, positioning itself as a key player in India's energy transition efforts and global green shipping corridors, according to…...
Vale announces the world's 1st'ethanol-powered'ocean-going vessel;'carbon emission reduction can reach 90%'
1+ day, 20+ hour ago (354+ words) Pioneering use of'ethanol'in vessels at the service of the mining company can reduce greenhouse gas emissions in maritime transport by'around 90%' Considering the full fuel cycle from well to wake, ethanol can reduce carbon emissions by'around 90% (in the case of second-generation…...
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