LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index rose on Wednesday to its highest level in more than a week, as rates increased across all vessel segments. The main index, which tracks
WASHINGTON : The Trump administration shielded on Thursday domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied on China-built vessels, aiming to revive
RIYADH : The Saudi Ports Authority (MAWANI) has issued a temporary ban on vehicle imports from 21 automotive manufacturers for their failure to comply with regulatory requirements. The directive, prompted by the Saudi Standards,
ANTWERP : In the first quarter of 2025, Port of Antwerp-Bruges handled 67.7 million tonnes of cargo, a drop of 4.0% compared to the same period last year. This decline was largely driven by
SINGAPORE : Wisestella, a leading provider of AI-powered maritime learning solutions to the tanker fleet, has announced that its technology has played a pivotal role in helping a globally trading tanker operator secure a
DUBAI : DP World announced the arrival of the DP World Jebel Ali, a new container vessel, at Jebel Ali Port, marking a significant addition to its marine services fleet. The vessel’s inaugural call
SINGAPORE : Strategic Marine has achieved another successful delivery to Truth Maritime Services (TMS), strengthening a partnership that has been evolving since 2022. This latest milestone further cements the ongoing collaboration between Strategic Marine, Prima
SEOUL : The Export-Import Bank of Korea (Eximbank) announced on Sunday, April 20, 2025, that it has signed a significant business agreement with the Korea Ocean Business Corporation (KOBC) aimed at stabilizing the maritime
DHAKA : In a significant development aimed at reducing export costs and enhancing trade accessibility in the greater Khulna region, container ships are expected to start operating between Mongla and Chattogram ports on a
BEIJING : DHL Express, a division of Germany’s Deutsche Post said it would suspend global business-to-consumer shipments worth over $800 to individuals in the United States from April 21, as U.S. customs regulatory changes have