Baltic Index posts Weekly Gain on Higher Capesize demand
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which measures shipping rates for vessels transporting dry bulk commodities, edged higher on Friday and posted a weekly
India to export 4.12 lakh tonnes of Green Hydrogen derivatives to Japan, Singapore
NEW DELHI : Minister for New and Renewable Energy (MNRE), Shri Pralhad Joshi, has launched India’s Green Hydrogen certification scheme to ensure standardisation in the production and export
Hapag-Lloyd Annual General Meeting approves all proposed resolutions
1.Resolution to pay dividend of EUR 8.20 per share approved.2.Actions of the Executive Board and Supervisory Board formally approved for the 2024 financial year3.Dr. Isabella Niklas re-elected to
MatchLog partners with Maersk to boost container efficiency in India
MUMBAI : MatchLog, a digital container optimisation platform, has announced its collaboration with global shipping giant Maersk, to streamline its container operations in India. The collaboration will tackle
MOL opens new office in Washington
TOKYO : Japanese shipping major Mitsui O.S.K. Lines (MOL) is set to open a new office in Washington, D.C., U.S., through its subsidiary MOL (Americas), even as tariffs
ClassNK releases ‘Prime Shipmanagement Guidelines’ for leveraging successful case studies to ena
TOKYO : ClassNK has released ‘Prime Shipmanagement Guidelines’ which aim to achieve sustainable ship management with safety as the highest priority. Evolving environment surrounding ship management, including fuel
CK Hutch Ports sale can be good for Beijing too
HONG KONG : Li Ka-shing’s Ports deal is shrewd in all respects except for the timing. Beijing has warned the Hong Kong tycoon’s CK Hutchison opens new tab against bypassing
New S&P Global Report: Liner Shipping supports $1.1 Trillion in U.S. GDP and 6.4 Million Americ
WASINGTON D.C. : New analysis from S&P Global, released Monday by the World Shipping Council, highlights the critical role of the liner shipping industry in the U.S. economy.
Baltic Index rises to three-week high as larger vessel rates firm
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index rose to scale an over-three-week high on Monday due to an increase in larger vessel rates. The main
OceanOpt and BetterSea Partner to Integrate FuelEU Pooling for Shipping Clients
DUBAI : OceanOpt, a provider of specialized emissions management services, and BetterSea, a provider of a FuelEU compliance platform and marketplace, on Monday announced a strategic partnership. This