March 8, 2024
May 8, 2026
March 8, 2024
Baltic index ticks down as capesize losses offset gains in smaller vessels
LONDON : The Baltic Exchange’s dry bulk sea freight snapped a 12-session winning streak on Tuesday, as pressure from lower capesize rates outweighed gains in smaller vessel segments. The overall index, which factors in
March 7, 2024
Com Secy to chair the meeting of Ministry Officials and exporters about discussions on Red Sea crisis
NEW DELHI : The officials from different ministries and exporters are expected to hold discussions on March 8 here, on issues being faced by exporters due to the Red Sea crisis, an official said
March 7, 2024
Asyad Shipping and LR join forces for the group’s ESG Strategy & first ESG Report
OMAN : Asyad Shipping, part of Asyad Group, and Lloyd’s Register (LR) have partnered to deliver the Omani national shipping company’s first ESG (Environmental, Social and Governance) report, in line with the established Global
March 7, 2024
Houthis attack two US warships in Red Sea with naval missiles and drones
YEMEN : Yemen‘s Iran-aligned Houthis carried out a military operation in which they targeted two US warship destroyers in the Red Sea, the group’s military spokesman, Yahya Sarea, said in a televised speech on
March 7, 2024
Three killed in Houthi missile attack on cargo ship – US military
YEMEN : Three crew members have been killed in a Houthi missile strike on a cargo ship off southern Yemen, US officials say – the first deaths the group’s attacks on merchant vessels have
March 7, 2024
Samskip expands strategic Baltic Sea development to increase service capacity and incude Klaipeda in the network
ROTTERDAM : Samskip took the next step in its strategic Baltic Sea development by increasing service capacity and adding the port of Klaipeda to its network, on 1st March. The extended service follows the
March 7, 2024
ClassNK grants Innovation Endorsement for Products & Solutions to “ACE Function” developed by TOKYO KEIKI
TOKYO : ClassNK has granted its Innovation Endorsement for Products & Solutions*1 to a straight leg course control called “ACE Function” (ACE: Advanced Control for Ecology), which can be integrated with the autopilot systems, “PR-9000”
March 7, 2024
Crude tanker newbuild contracting jumps 490% as VLCC orders gain pace : BIMCO
LONDON : “In the first two months of 2024, crude tanker newbuild contracting surged to 7.4 m DWT, a 490% leap y/y, due to a rise in orders for very large crude carriers –
March 6, 2024