WASHINGTON : The owner and manager of the cargo ship that caused the deadly Baltimore bridge collapse have agreed to pay more than $102 million in cleanup costs to settle a lawsuit brought by the Justice
KAZAN : The leaders of the BRICS nations, Brazil, Russia, India, China, and South Africa concluded day two of the Annual Summit in Kazan, Russia, on 23rd October, by reaffirming their commitment to ethical trade
LONDON : The drive to decarbonize shipping requires robust safety measures to protect the lives of seafarers dealing with novel technologies and alternative fuels. Delegates representing the global maritime community gathered in Barcelona, Spain
LONDON : Drewry’s World Container Index decreased 4% to $3,095 per 40ft container this week. Our detailed assessment for Thursday, 24 October 2024
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dipped for the ninth straight session on declines in rates across all vessels. The index,
NEW YORK : The Yemeni Houthi rebel attacks earlier this year on the crucial trade supply line that passes through the Red Sea was aided by Russian intelligence, the Wall Street Journal reported. The attacks, which
TOKYO : The ReCAAP Information Sharing Centre (ISC), with the support of the Japan Coast Guard and Ministry of Foreign Affairs of Japan, on Friday concluded a five-day Capacity Building Executive Programme (CBEP) in
NEW DELHI : In anticipation of Severe Cyclone “DANA,” the Ministry of Ports, Shipping & Waterways (MoPSW) has initiated comprehensive safety measures to safeguard the port, vessels, and personnel. The Minister of State for
MUMBAI : Jawaharlal Nehru Port Authority – India’s Best Performing Port, has taken proactive measures to address the concerns regarding the Empty Containers Yard by implementing Standard Operating Procedures for streamlining operations at the
MUMBAI : First meeting of IMC’s Logistics and Transportation Committee held in Mumbai on Wednesday, October 23rd. Brief discussions held at the meeting were (L to R in the Cover Picture) Ms. Bharati Salunkhe-Dy.Director-IMC,