March 22, 2026
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January 15, 2025

Baltic index snaps three-session winning streak as rates across segments dip

International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a three-session gaining streak on Tuesday, as rates declined across all vessel segments. The index,
January 13, 2025

Ocean Container Shipping rates can reduce following USEC Deal

Foreign Ports, International Shipping, Trending News
CALIFORNIA : Strikes at ports on the US East Coast and Gulf Coast, which would have caused an economic and supply chain crisis, have been called off – with ocean container freight rate growth now expected
January 11, 2025

OOCL reports 55% Higher Revenues for the Fourth Quarter

International Shipping, Shipping Line, Trade, Trending News
SINGAPORE : The Board of Directors of Orient Overseas (International) Limited has announced unaudited operational updates for Orient Overseas Container Line (“OOCL”) on a quarterly basis. This announcement sets out the unaudited operational update
January 11, 2025

Maersk announces MECL Service change

International Shipping, Shipping Line, Trending News
COPENHAGEN : In order to improve products from India to North America, the MECL Service will add a call in Mundra, India, and at the same time the MECL service will stop calling Algeciras
January 11, 2025

Denmark advances on the List of the World’s Largest Maritime Nations

International Shipping, Maritime, Shipping Line, Trade, Trending News
COPENHAGEN : Denmark maintains its position among the world’s ten largest maritime nations. Denmark has overtaken Germany and is now ranked 9th on the list. Denmark maintains its strong position in the top ten
January 11, 2025

Panama Canal CEO says Trump’s plans would “Lead To Chaos”

International Shipping, Global Trade, Trending News
CAIRO : Granting Donald Trump’s demand for US ships passing through the Panama Canal to get preferential treatment would “lead to chaos,” the head of the authority running the waterway said Wednesday. “Rules are
January 11, 2025

Castor Marine becomes part of the Navarino Group

International Shipping, Maritime, Shipping Line, Trade, Trending News
DE MEERN ( NETHERLAND) : Castor Marine is excited to announce that Navarino has acquired 100% of the shares of Castor Marine B.V. This milestone marks an exciting new chapter for both organisations as
January 11, 2025

Baltic index rises for second day on gains in capesize vessel segment

International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a second straight session on Friday, steered by strong gains in the capesize
January 11, 2025

Drewry: World Container Index up 2% this week

International Shipping, Shipping Line, Trade, Trending News
LONDON : Drewry’s World Container Index increased 2% to $3,986 per 40ft container this week. Drewry’s detailed assessment for Thursday, 09 January 2025
January 10, 2025

Industry flags high shipping fees despite no container shortage : Piyush Goyal

International Shipping, COMMERCE, Economy, EXPORT, Finance, Trade, Trending News
NEW DELHI : The Ministry of Commerce and Industry recently held inter-ministerial discussion with stakeholders from the shipping industry, customs, Concor, Railways, exporters, freight forwarders and other logistics sectors on issues related to trade
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