LONDON: Two sanctioned oil tankers, the Kairos and the Virat, have caught fire in the Black Sea a few dozen nautical miles off the Turkish coast. Their crews are safe as the causes of
HOUSTON: Rates for shipping containers from east Asia and China to the US fell significantly week on week as available capacity continues to outstrip demand, according to shipping analysts. Rates from global logistics company
BRUSSELS: The Methane Abatement in Maritime Innovation Initiative (MAMII) hosted its first event in Brussels last week, bringing shipowners, engine designers, technology providers and EU policymakers together to accelerate efforts to reduce methane emissions from shipping.
LONDON: Drewry’s World Container Index decreased 2% to $1,806 per 40ft container last week. Drewry’s detailed assessment for Thursday, 27 Nov 2025 The Drewry World Container Index (WCI) decreased 2% to $1,806 per 40ft
LONDON: The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for vessels transporting dry bulk commodities, climbed to its highest level in nearly two years on Friday and was on course for
TOKYO: ClassNK has granted its Innovation Endorsement for Products & Solutions to ‘Hydroponic Vegetable Grower for Ships’ developed by HSN-KIKAI KOGYO Co., Ltd. ClassNK has confirmed that the ‘ELW’ notation (HP)*- Hydroponics, which indicates ships where
MARSEILLE : CMA CGM is examining the possibility of launching barge and inland-waterway services in India, signalling a potential expansion of its logistics footprint beyond ocean shipping. In a recent interaction with Business Standard,
LONDON: The IMO Assembly is holding its 34th session at IMO headquarters in London fro 24 November to 3 December. The Assembly is the highest Governing Body of the Organization, consisting of all Member States,
SINGAPORE: Singapore is named the world’s leading container port in the first edition of the Leading Container Ports of the World (LCP) report, an independent global analysis published by DNV and Menon Economics. Shanghai
GENEVA : MEDLOG, the global logistics operator and part of the MSC Group of companies, has signed an important concession agreement to operate the Pangaon Inland Container Terminal (PICT). This strategic project will enhance