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One in four maritime suppliers showing cyber red flags as shipowners boost due diligence requirements

ATHENS : More than a quarter of maritime parts and service suppliers have been identified as having high or very-high cyber vulnerabilities, according to...

COSCO Shipping announces $1.75 billion fleet expansion plan

SHANGHAI : COSCO Shipping has announced a substantial $1.75 billion newbuilding initiative, aimed at enhancing and modernizing its fleet with the addition of 29...

Wallem Group reaches a century in Hong Kong

HONG KONG : Wallem Group, a leading global maritime partner, is celebrating the centenary of moving its headquarters to Hong Kong. The celebrations will be...

Gender equality and decarbonization highlighted by IMO at WISTA International Conference

LONDON: IMO participated in the WISTA International Annual General Meeting and Conference held in Barcelona, Spain (20-24 October), under the theme “Powering the Future...

Gulftainer launches India-Gulf Express (GIX), strengthening maritime bridge connections

SHARJAH : Gulftainer, a global trusted leader in integrated maritime and logistics solutions, has launched its India-Gulf Express (GIX) —newest maritime service designed to...

Yang Ming completes orders for Six Methanol Dual-Fuel-Ready Containerships

KEELUNG CITY: Yang Ming Marine Transport Corporation (“Yang Ming”) signed contracts for six 8,000 TEU-class methanol dual-fuel-ready containerships with Nihon Shipyard Co., Ltd. (“Nihon...

Baltic Exchange and TAC Innovation launch extended FCA-compliant daily air cargo spot price benchmarks to strengthen market risk management

LONDON : Baltic Exchange, in partnership with TAC Innovation, has officially launched the extended Baltic Air Freight Spot Indices (BAI Spot) to include a...

Baltic Index records first monthly drop since April

LONDON: The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged lower on Friday and recorded its...

Drewry: World Container Index up 4% last week

LONDON: Drewry’s World Container Index increased 4% to $1,822 per 40ft container last week. Drewry's detailed assessment for Thursday, 30 Oct 2025 The Drewry World Container...

A.P. Moller – Maersk strengthens its ties with India

MUMBAI : A.P. Moller – Maersk, a global integrated logistics company, announced a series of strategic initiatives reinforcing its long-term commitment to India's maritime...

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