Baltic index edges up on gains in larger vessels
COPENHAGEN : The Baltic Exchange’s dry bulk sea freight index edged up on Wednesday, buoyed by an uptick in capesize and panamax vessel rates. The overall index, which
APSEZ secures AAA Rating – India’s First Private Infrastructure Developer with AAA Rating
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ), proudly announces revision of its credit rating to AAA by CARE Ratings. The top most rating signifies highest level
India & US to expand naval ship repair network
NEW DELHI : The US and India are auditing Kolkata Port as they are looking for a new Master Ship Repair Agreement (MSRA) that will allow US warships to access
Iran-backed Houthi Rebels attack 4 ships in Indian Ocean and Red Sea
CAIRO : Yemen’s Houthis said they targeted the MSC Orion container ship in a drone attack in the Indian Ocean as part of their ongoing campaign against international
Andhra Pradesh Govt with APMB investing in construction of four new Ports
VISAKHAPATNAM : Andhra Pradesh’s effort to strengthen its maritime logistics capability is on course as work gathers pace in the construction of four new ports and a notable
MSC upgrades cargo protection offering Cargo Cover Solutions
GENEVA : World’s largest container line Mediterranean Shipping Company (MSC) has expanded and upgraded its previous cargo protection offering, known as “Peace of Mind” insurance, which is now
Houthi attacks in Red Sea: Shipping diversions spewing carbon emissions of 9 million cars
NEW YORK : Ships seeking to avoid ongoing attacks by Houthi rebels in the Red Sea area are emitting millions of additional tonnes of carbon, making it tougher
‘Actions Meet Ambition’ : Call to action sounded for Singapore
SINGAPORE : ‘Actions Meet Ambition’ – that was the key message of the annual Singapore Maritime Week, which attracted more than 10,000 industry professionals from nearly 80 countries
Iran said they would consider release of Indian crew members seriously
TEHRAN : Iran said the mostly Indian crew of a Portuguese-flagged ship that was seized by Iranian forces in its maritime territory two weeks ago is being granted
Indian warship INS Kochi renders help to vessel attacked in Red Sea
NEW DELHI : A mission deployed Indian destroyer INS Kochi intercepted Panama-flagged merchant vessel (MV) Andromeda Star, which came under a Houthi attack in the Red Sea on