India, Nepal sign agreements to boost cross-border train services
NEW DELHI : India and Nepal have signed two agreements aimed at boosting cross-border train services and reviewed ongoing railway projects as part of efforts by the two countries to improve regional connectivity and
MSC Spain speaks at Mediterranean Ports and shipping conference
GENEVA : Ignacio Ballester, Branch Manager of MSC’s head office in Spain, spoke at the eighth annual Mediterranean Ports and Shipping Conference, which took place in Valencia from 5 to 7 October 2021. The
Dry bulk shipping rates hit $80,000 per day as buyers scramble for coal
Yet another sign of stress for energy supplies and global supply chains: Spot rates for large dry cargo ships just topped $80,000 per day for the first time since 2009, and freight derivatives for
Baltic index extends rally as capesize benchmark breaches 10,000 points
The Baltic Exchange’s main dry bulk sea freight index extended its rally as robust demand and port congestion propelled the capesize index above 10,000 points for the first time in more than 13 years.
BIMCO Supports IMO Development Of Global Remote Inspection Guidelines
During the COVID-19 pandemic, the shipping industry has faced challenges when it comes to conducting surveys and inspections physically on board ships. As a result of social distancing requirements during the pandemic, remote surveys
New Heavy-Lift Vessel Katori enters Nanao Port for first time
TOKYO : The next-generation energy-saving heavy-lift carrier Katori entered the Port of Nanao in Ishikawa prefecture for the first time, transporting wind turbine equipment loaded at the Port of Dalian and Port of Jiangyin,
Where have all the truck drivers gone?
The shortage of heavy goods vehicle drivers is a global problem that has been ignored and allowed to fester for years Anyone watching news coverage from the UK recently could be forgiven for thinking
Cargo volumes at dozen major ports rise 16 per cent during April-September to 347 mt
MUMBAI : Cargo handled at India’s dozen state-owned major ports rose 16.12 per cent during the April-September period to 347.020 million tonnes (mt) from 298.848 mt a year ago. Thermal and steam coal shipments