Baltic index drops to 10-month low as rates across segments dip
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to more than a 10-month low on Friday,
Indian shipping directorate consults on India P&I Club
NEW DELHI : The plan for a new Indian Protection & Indemnity (P&I) Club has taken a step closer to reality with news that the Indian Directorate General
Adani Group commits additional $1.2 Billion to Kerala Deep-Sea Port Development
KOCHI : Adani Group’s ports business will invest an extra $1.2 billion in a long-delayed deep-sea facility in India’s southern state of Kerala, its local government said on
ICG organises 22nd National Maritime Search and Rescue Board meeting
KOCHI : Indian Coast Guard (ICG) organised the 22nd National Maritime Search and Rescue (NMSAR) Board meeting on November 28, 2024 in Kochi, Kerala. The event also marked the commencement of
Blue Water extends partnership with Oldendorff Carriers, Empowering Maritime Excellence with the BOS
DEHRADUN : Blue Water Trade Winds Pvt. Ltd., the owner of the revolutionary BOSS (Blue Water Optimum Speed Services) platform is pleased to announce the extension of its
COSCO Shipping inks new green methanol production MoU with Freepoint Commodities
SHANGHAI : COSCO SHIPPING, CP Group Co., Ltd., and Freepoint Commodities collectively inked a memorandum of understanding (MoU) recently on the production of green methanol. This partnership aims
NYK disseminates its Decarbonization Initiatives at COP29 highlighting issues facing the internation
TOKYO : NYK Group management discussed international shipping and the Group’s specific initiatives to address climate change in discussions at various events during the 29th Conference of the
ClassNK launches new E-Learning courses for maritime cyber security
TOKYO : ClassNK has introduced new E-Learning courses in its training and education service, ‘ClassNK Academy’, focusing on maritime cyber security topics. As ships become ‘smarter’ and the
India and France strengthen Maritime Partnership
NEW DELHI : India and France took significant steps toward enhancing their maritime partnership during a high-level meeting held on November 27, 2024, in New Delhi. The discussions
PSA Singapore and Evergreen Marine establish joint venture for container terminal operations in Sing
SINGAPORE : PSA Singapore (PSA) and Evergreen Marine Corporation (EMC) have established a joint venture in Singapore, aiming to enhance operational excellence and achieve greater synergies in container