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India Maritime Week 2025: The Maritime Ambition in Motion

NEW DELHI: India Maritime Week 2025 (IMW 2025) is a landmark event in the global maritime calendar, taking place from 27th to 31st October 2025 at...

Egypt’s Suez Canal Authority signs $2 billion petrochemical complex deal

CAIRO : Egypt's Suez Canal Authority said on Wednesday it had signed a $2 billion strategic partnership agreement with Anchorage Investments to establish a...

IMO negotiations on carbon pricing move forward, despite delay in adoption

LONDON: The International Maritime Organization (IMO) continued negotiating on key policy details in the Net-Zero Framework (NZF), at the working group talks (ISWG-GHG20) on...

Global Shipping majors choose Indian Flag as maritime prospects soar

NEW DELHI : In a major boost to India’s maritime credentials, the world’s top container shipping lines — CMA CGM, Maersk, and Mediterranean Shipping...

Global Shipping lines make a beeline to reflag their ships in India

COPENHAGEN : International shipping majors are making a beeline to register their ships under the Indian Flag. Denmark shipping major A.P. Moller - Maersk...

Urals freight rates to India accelerate in October amid high exports, tighter sanctions, sources say

LONDON: Freight rates for shipping Urals crude from Russia’s western ports to India rose sharply in October, driven by strong export volumes and mounting...

Post-mortem on IMO’s Net Zero Framework discussions: UCL readout

LONDON: Two weeks of negotiations at the IMO give two confusingly different signals, as well as plenty of information on detail to digest, according...

NGOs Welcome IMO Progress for Cutting Shipping’s Climate Impact Despite Net-Zero Framework Delay

LONDON: As a meeting of the International Maritime Organization’s Intersessional Working Group on Reduction of Greenhouse Gas (GHG) Emissions from Ships (ISWG-GHG 20) closes...

Drewry: World Container Index up 3% last week

LONDON: For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index increased 3% to...

Baltic Index headed for Weekly Loss on declining Capesize Rates

LONDON: The Baltic Exchange’s Dry Bulk Sea Freight index, which monitors rates for vessels moving dry bulk commodities, extended losses on Friday and was...
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