India-Europe Trade: Why Container Freight Rates Have Surged by Up to 60%

Sarjak Container Lines, a globally recognized Indian NVOCC specializing in project logistics, over-dimensional (ODC/OOG) and special equipment cargo movement, published an important update on the India-Europe freight rates and market conditions on this lane. “Shippers on the crucial India-Europe trade lane are facing unprecedented volatility this December, with spot container freight rates reportedly soaring by …

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China Merchants Energy Shipping sees robust VLCC market through 2026-28

China Merchants Energy Shipping expects the global supertanker market to remain strong through 2026 and potentially into 2027-28, supported by a constrained supply of modern compliant tankers and a healthy demand outlook, Secretary of the Board of Directors Kong Kang said during an investor call. The Shanghai-listed company, one of Asia’s largest VLCC operators, expressed …

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Unleashing more gas at the heart of Mubadala’s partnership with Indonesian player

UAE-headquartered Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi, has pooled resources with PLN Energi Primer Indonesia (PLN EPI), a subsidiary of Indonesia’s energy and electricity supplier, to supply gas from its gas fields in the Andaman Sea. The post Unleashing more gas at the heart of …

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Bourbon scores multi-year vessel gig with ExxonMobil in Guyana

ExxonMobil Guyana Limited (EMGL), a subsidiary of the U.S.-headquartered oil and gas major ExxonMobil, has hired French maritime services player Bourbon on a long-term assignment off the coast of Guyana. The post Bourbon scores multi-year vessel gig with ExxonMobil in Guyana appeared first on Offshore Energy.

La OMI actualiza su logotipo para reflejar su renovado futuro marítimo

La Organización Marítima Internacional (OMI) estrenará un logotipo y una identidad visual renovados, tras la presentación del Secretario General de la OMI, Arsenio Domínguez, en el 34º período de sesiones de la Asamblea de la OMI (24 de noviembre a 3 de diciembre). La identidad visual actualizada honra el pasado de la Organización y señala …

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