LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a two-week low on Tuesday due to lower demand for capesize vessels. * The
WASHINGTON D.C. : White House trade adviser Peter Navarro said India’s purchases of Russian crude were funding Moscow’s war in Ukraine and had to stop, adding that New Delhi was “now cozying up to
HAMBURG : Hanseatic Global Terminals is pleased to announce the appointment of Benoit Klein as its new Managing Director for CNMP Le Havre, France, effective September 1, 2025. With a strong background in operational
LONDON: The British International Freight Association (BIFA) has appointed Jack Rice as its new regional representative for Scotland. With over 15 years of experience in the freight forwarding and customs brokerage industry, Rice currently
SINGAPORE : Strategic Marine, a leading builder of high-performance aluminium vessels, is proud to announce the successful delivery of two Generation 4 Fast Crew Boats (FCBs) to Aesen, an integrated marine solutions provider with
LONDON : IMO Secretary-General Arsenio Dominguez has called for vigilance and deeper cooperation among Member States and international partners to address growing threats to global maritime security. Speaking at the United Nations Security Council
HAMBURG : Hapag-Lloyd concluded the first half of 2025 with a Group EBITDA of USD 1.9 billion (EUR 1.8 billion). The Group EBIT decreased to USD 0.7 billion (EUR 0.6 billion) and the Group
SEOUL : Hyundai Merchant Marine (HMM) has reported robust earnings for the first half of 2025, posting revenue of KRW 5.48 trillion ($4.12 billion) and a net profit of KRW 1.21 trillion ($910 million).
WASHINGTON : Amid rising tariff tensions, comes another point of contention between the United States and others. The US on last Tuesday strongly opposed the Net-Zero Framework (aka Global Carbon Tax) imposed by the
RIO DE JANEIRO : With over 187 years of experience, Wilson Sons takes another step forward in its sustainability journey: for the first time, it has released its Scope 3 Greenhouse Gas (GHG) emissions