LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which monitors rates for vessels moving dry bulk commodities, hit a 15-week peak on Wednesday as rates rose across all vessel segments. The main
MUMBAI : For the first time in history, the Women’s International Shipping and Trading Association (WISTA) International Board will hold its mid-term meeting in India. This landmark event underscores WISTA’s dedication to fostering diversity,
Ocean Update COPENHAGEN : On February 1, the Network of the Future, The new East-West network, has begun the phase in process via the Cape of Good Hope as previously announced. Since the start,
MOSCOW : The Russian defense ministry announced the launch of the Maritime Security Belt 2025 joint exercises that involve naval forces from Russia, Iran, and China at Iran’s strategic Chabahar Port. The ministry outlined
HAMBURG : After a 10-month project phase, Bernhard Schulte Shipmanagement (BSM) has successfully completed the Diversity@Sea project, a global initiative by the ‘All Aboard Alliance’ aimed at fostering gender and cultural diversity within the
SEATTLE : Trade Tech, Inc., a global logistics platform, is actively working toward compliance with the UAE’s new Maritime Pre-Load Cargo Information (MPCI) Program, which will become effective June 25, 2025. This new security
WERKENDAM (The Netherlands) : Paraguayan shipowner and operator ‘Girona S.A. – Rio Sur Transporte y Logistica’ has taken delivery of their new fleet addition ‘Veronica V’, designed and built by Dutch inland navigation shipyard
OSLO : Marlink, a leader in managed services for business-critical IT solutions, is strengthening its collaboration with cybersecurity provider Fortinet, which also named Marlink Managed Services Partner of the year for Norway. The relationship
HAMBURG : Hanseatic Global Terminals (HGT), a fully owned subsidiary of Hapag-Lloyd on Monday, March 10 successfully completed the acquisition of 60% of the shares in CNMP LH from Seafrigo Group. CNMP LH operates
SINGAPORE : Pacific International Lines (PIL) is proud to announce the naming of its fourth 14,000 TEU LNG dual-fuel container vessel. The vessel was named Kota Embun by Mrs Evelyn Ng, wife of Mr