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October 27, 2025

Egypt’s Suez Canal Authority signs $2 billion petrochemical complex deal

International Shipping, Company, Global Trade, Maritime, Ports, Trending News
CAIRO : Egypt’s Suez Canal Authority said on Wednesday it had signed a $2 billion strategic partnership agreement with Anchorage Investments to establish a petrochemical complex in Ain Sokhna, Egypt.The first phase of the
October 27, 2025

IMO negotiations on carbon pricing move forward, despite delay in adoption

International Shipping, Global Trade, Maritime, Shipping, Shipping Line, Trending News
LONDON: The International Maritime Organization (IMO) continued negotiating on key policy details in the Net-Zero Framework (NZF), at the working group talks (ISWG-GHG20) on 20-24 October in London. Last week the IMO agreed to
October 25, 2025

Global Shipping majors choose Indian Flag as maritime prospects soar

International Shipping, Maritime, Shipping Line, Trending News
NEW DELHI : In a major boost to India’s maritime credentials, the world’s top container shipping lines — CMA CGM, Maersk, and Mediterranean Shipping Co. (MSC) — are reflagging vessels under the Indian register.
October 25, 2025

Global Shipping lines make a beeline to reflag their ships in India

International Shipping, Shipping Line, Trending News
COPENHAGEN : International shipping majors are making a beeline to register their ships under the Indian Flag. Denmark shipping major A.P. Moller – Maersk (Maersk) is the latest with two of its ships –
October 25, 2025

Urals freight rates to India accelerate in October amid high exports, tighter sanctions, sources say

Tanker, EXPORT, Import, International Shipping, Liquid Cargo, Shipping Line, Trending News
LONDON: Freight rates for shipping Urals crude from Russia’s western ports to India rose sharply in October, driven by strong export volumes and mounting sanctions pressure, industry sources told Reuters. U.S. President Donald Trump
October 25, 2025

Post-mortem on IMO’s Net Zero Framework discussions: UCL readout

International Shipping, Global Trade, Maritime, Shipping, Shipping Line, Trending News
LONDON: Two weeks of negotiations at the IMO give two confusingly different signals, as well as plenty of information on detail to digest, according to UCL (University College London) in their informative readout. In
October 25, 2025

NGOs Welcome IMO Progress for Cutting Shipping’s Climate Impact Despite Net-Zero Framework Delay

International Shipping, Global Trade, Maritime, Shipping Line, Trending News
LONDON: As a meeting of the International Maritime Organization’s Intersessional Working Group on Reduction of Greenhouse Gas (GHG) Emissions from Ships (ISWG-GHG 20) closes in London, the Clean Shipping Coalition (CSC) applauds IMO Member States for
October 25, 2025

Drewry: World Container Index up 3% last week

Container, International Shipping, Shipping Line, Trade, Trending News
LONDON: For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index increased 3% to $1,746 per 40ft container this week. Drewry’s detailed assessment for
October 25, 2025

Baltic Index headed for Weekly Loss on declining Capesize Rates

International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON: The Baltic Exchange’s Dry Bulk Sea Freight index, which monitors rates for vessels moving dry bulk commodities, extended losses on Friday and was headed for a weekly loss, pressured by declining capesize vessel
October 24, 2025

CMA CGM signs deal with Slovenian Port to set up automotive logistics JV

Logistics, Company, Foreign Ports, Global Trade, International Shipping, Trade, Trending News
MARSEILLE : CMA CGM and Slovenia’s Port of Koper (Luka Koper) will establish a joint venture dedicated to automotive logistics services. CMA CGM expands in Central Europe and supports the India-Middle East-Europe Economic Corridor
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