2025-02-21

Major shipping companies are strengthening ties with India, supporting the country’s goal of becoming a global maritime hub. CMA CGM discussed the India-Middle East-Europe Economic Corridor with Indian Prime Minister Narendra Modi and French President Emmanuel Macron, aiming to enhance connectivity and trade. MSC's CEO, Soren Toft, met with

2025-02-21

In conflict with the major carriers' ambitions, India plans to establish a national shipping company. Bharat Container Line will start with 100 vessels, built in collaboration with oil refiners and the Shipping Corporation of India. This initiative aims to reduce reliance on foreign carriers and enhance the country's maritime capabilities.

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2025-02-21

News that the European Union has extended its naval mission in the Red Sea for over a year has been welcomed by the commercial shipping industry. The EU is allocating over €17 million for the operation to protect commercial shipping and ensure freedom of navigation, particularly against threats from Yemen's Houthi rebels. Headquartered in