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Drewry: World Container Index down Last Week

LONDON : For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. If your organisation is considering index-linked...

Baltic Index Falls, Posts Weekly Decline On Lower Capesize, Panamax Rates

LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell to a more...

CMA CGM levies emergency surcharges on Pakistani trade amid India tensions

MARSEILLE : Shippers are beginning to feel the financial pinch of the sudden escalation in military tensions between India and Pakistan in the form...

India-Pakistan conflict disrupts regional trade and shipping operations

MUMBAI : Heightened tensions between India and Pakistan have begun to significantly disrupt regional trade, as major global shipping lines suspend services to Karachi...

Maersk warns global container volumes could drop due to trade war

COPENHAGEN : Shipping group Maersk said on Thursday container volumes plunged 30-40% between the U.S. in China in April as a trade war erupted...

GCMD partners with the Asian Development Bank (ADB) to advance maritime decarbonisation through sustainable finance

SINGAPORE : GCMD is proud to announce a knowledge partnership with ADB, signed during the launch of its Sustainable and Resilient Maritime Fund (SRMF)...

Shipping lines expected to replace direct Karachi calls with transshipment routes post-India ban

NEW DELHI : India's ban on Pakistan-origin cargo passing through its ports from May 2 is expected to create delays in consignments reaching Pakistan,...

The Port of Klaipėda Authority’s vessels have a new home

KLAIPEDA : The Port of Klaipėda is opening a modern fleet base that will house all of the port’s specialized equipment and serve as...

Wärtsilä launches carbon capture solution to shipping market after world-first full-scale installation success

HELSINKI : Technology group Wärtsilä has announced that its breakthrough carbon capture solution (CCS) is now commercially available to the global maritime industry, delivering...

Indian Register of Shipping expands Middle East Operations with New Office in Saudi Arabia

MUMBAI : Indian Register of Shipping (IRS), a leading international ship classification society and member of the International Association of Classification Societies (IACS), is proud...
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