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April 10, 2025

Baltic Index falls as demand falters across vessels amid trade war

Trade, International Shipping, Shipping Line, Trending News
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index on Wednesday fell for the thirteenth straight session to a more than one-month low due to lower demand across vessels amid a global trade
April 9, 2025

OCP Group and Maersk partner for sustainable supply chain innovation

International Shipping, Logistics, Shipping, Shipping Line, Trade, Trending News
COPENHAGEN : OCP Group, through its Specialty Products & Solutions (SPS) Strategic Business Unit, and Maersk, a global leader in integrated logistics, have signed a global Memorandum of Understanding (MoU) to strengthen their long-standing
April 9, 2025

IMO opens global talks to secure net-zero deal for shipping

Maritime, International Shipping, Maritime Security, Trending News
LONDON : The International Maritime Organization (IMO) opened a critical round of negotiations aimed at finalizing new binding regulations to steer international shipping towards net-zero emissions over the next 25 years.  Speaking at the
April 9, 2025

MAWANI: Adding the Shipping Service “MILAHA INTA GULF EXPRESS”by Milaha to King Abdulaziz Port in Dammam

International Shipping, Foreign Ports, Shipping Line, Trade, Trending News
RIYADH : The Saudi Ports Authority (Mawani) has announced the addition of the new shipping service, “MILAHA INTA GULF EXPRESS,” by Milaha to King Abdulaziz Port in Dammam. This initiative aims to enhance maritime
April 8, 2025

India a winner in tariff war

International Shipping, Finance, Global Trade, Trade, Trending News
NEW DELHI : India has emerged as a winner in the escalating global tariff war unleashed by the US, with lower duties than its competitors, a senior official said Saturday. India also has an early-mover
April 8, 2025

China has blocked the Panama Canal Terminals deal: BlackRock Chief says ports ‘will define the future’ 

International Shipping, Foreign Ports, Terminal, Trending News
NEW YORK : The Chairman of one of the largest global investment managers says ports are as critical to future infrastructure of the global economy as data centers and power grids. BlackRock Chairman Laurence
April 8, 2025

ZIM announces New Long-Term Chartering Agreements for Ten 11,500 TEU LNG Dual-Fueled Vessels

International Shipping, Shipchartering, Shipping Line, Trade, Trending News
HAIFA : ZIM Integrated Shipping Services Ltd.  announced new agreements for the long-term charter of ten 11,500 TEU liquefied natural gas (LNG) dual-fuel container vessels, with total charter hire consideration of approximately $2.3 billion to serve
April 8, 2025

Regional Container Lines partners with Lloyd’s Register OneOcean to drive fleet optimisation and emissions reduction

Shipping Line, International Shipping, Technology, Trade, Trending News
SINGAPORE : Regional Container Lines (RCL) partners with Lloyd’s Register OneOcean to drive fleet optimisation and emissions reduction The partnership will enhance Regional Container Lines’ (RCL’s) fleet efficiency, reduce fuel consumption, and support its
April 8, 2025

Trump’s tariffs will reshape trade and international transport : Drewry

Export - Import, Business, COMMERCE, Global Trade, International Shipping, Logistics, MSME, NVOCC, Shipping Line, Trending News
LONDON : Huge US tariffs on imports from China, Vietnam, Cambodia, Taiwan, the European Union and other countries will reshape trade and international transport. But to what extent? Drewry has looked at the impact
April 8, 2025

BIMCO: Dry Bulk Market to Take a Hit from China’s 34% Tariffs on US Goods

Export - Import, Business, COMMERCE, Dry Bulk Shipping, Global Trade, International Shipping, Shipping Line, Trending News
LONDON : BIMCO expects to take a hit from China’s response to the US earlier slap of new tariffs. Chief Shipping Analyst, Niels Rasmussen, on the 34% tariffs on US goods announced by China
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