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
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
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
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
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
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
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
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
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
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