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,
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
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
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
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
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
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
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
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
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