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November 26, 2024

Baltic index hits more than two-week low as larger vessel rates dip

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, fell to its lowest level in more than two weeks on Monday as rates declined
November 25, 2024

New Report on Global Port Trends: Automation and Digital Innovation Grow Despite Challenges

International Shipping, Foreign Ports, Ports, Technology, Trade, Trending News
MUNICH & HAMBURG, GERMANY : A new report has been released, highlighting the key automation and digitalization trends transforming the global port and terminal logistics sector. Jointly presented by FERNRIDE, passify, and heyport, with
November 25, 2024

IMO welcomes Saudi Arabia’s permanent representative

International Shipping, Foreign Ports, Maritime, Trending News
RIYADH: The International Maritime Organization accepted on Wednesday the credentials of Saudi Arabia’s new permanent representative, the Saudi Press Agency reported. IMO Secretary-General Arsenio Dominguez welcomed Kamal bin Mohammed Al-Junaidi to the organization during
November 23, 2024

PSA Celebrates Groundbreaking for its New Supply Chain Hub,Pioneering an Integrated Logistics Ecosystem in Singapore

International Shipping, Foreign Ports, Supply Chain, Trending News
TUAS : PSA Singapore (PSA) has unveiled the PSA Supply Chain Hub @ Tuas (PSCH), a central part of its strategic expansion within Tuas Port, at its groundbreaking ceremony. This state-of-the-art facility, scheduled to
November 23, 2024

Major new challenges for shipping in 2025 make data more important than ever

International Shipping, Shipping, Trending News
LONDON : Every year, shipping is faced with new requirements to protect the climate and the environment, and 2025 is no exception. Increased EU requirements for documentation on methane and other emissions from ships
November 23, 2024

EBIT surge 600% YoY for major carriers in Q3 2024

International Shipping, Shipping Line, Trending News
COPENHAGEN : The major carriers have reported a combined Q32024 EBIT of $17.06 billion, which is a 600 percent increase year-on-year. The shipping industry witnessed a remarkable turnaround as major carriers recorded a staggering
November 23, 2024

Container Shipping Hedges Green Transition With Dual-Fuel Vessel Orders

International Shipping, Shipping Line, Trending News
LOS ANGELES : Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around
November 23, 2024

Sweden seeks deepened defence ties with Singapore, especially in maritime security

Maritime, Defence, Foreign Ports, Global Trade, International Shipping, Trending News
SINGAPORE : Deepening defence ties, especially in terms of maritime security, emerged as one of Sweden’s key priorities during a three-day state visit by the Scandinavian nation’s King Carl XVI Gustaf that ended on
November 22, 2024

MSC launches New Direct Service from Eastern Cape Region to Northern Europe

International Shipping, Shipping Line, Trade, Trending News
GENEVA : MSC is pleased to announce the launch of Eastern Cape Express Service, a new weekly service from Gqeberha (Port Elizabeth) and Walvis Bay directly to Northern Europe ports of Rotterdam, London Gateway, and Antwerp.
November 22, 2024

AD Ports Group signs Framework Agreement with Egyptian Government to explore building First-of-its-Kind Industrial Zone in East Port Said

International Shipping, Foreign Ports, Trending News
 RIYADH : AD Ports Group, a leading facilitator of global trade, logistics and industry (ADX: ADPORTS), announced today the signing of a framework agreement with the Egyptian government to explore building, operating and transferring
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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