March 18, 2026
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Drewry’s World Container Index down 2% last week

December 2, 2024 International Shipping, Maritime, Shipping Line, Trade, Trending News
LONDON : Drewry’s World Container Index decreased 2% to $3,331 per 40ft container last week. Drewry’s detailed assessment for Thursday, 28 November 2024 Source : Drewry

Maersk names Newest Dual-Fuel Methanol Vessel “A.P. Møller” in Singapore

November 30, 2024 International Shipping, Maritime, Shipping Line, Trade, Trending News
SINGAPORE : A.P. Moller – Maersk (Maersk) celebrated the arrival of its newest dual-fuel methanol container vessel in Singapore on Thursday, as part of her maiden voyage from Asia to Europe. The vessel, named

ADNOC, Jiangnan Shipyard, and DNV celebrate delivery of first large-scale Mark III Flex LNG Carrier in China

November 30, 2024 International Shipping, LNG, Maritime, Shipping Line, Trade, Trending News
SHANGHAI : The Abu Dhabi National Oil Company (ADNOC), Jiangnan Shipyard (Group) Co., Ltd., and classification society DNV, celebrated the naming and delivery ceremony of China’s first large-scale Mark III Flex membrane LNG carrier,

India signs Statements of Intent with U.K on electric propulsion systems for Indian Navy

November 30, 2024 Maritime, Defence, DockS, Navy, Ports, Shipping, Trade, Trending News
NEW DELHI : India and the U.K. signed a Statement of Intent (SoI) on cooperation on design & development of Electric Propulsion Systems for the Indian Navy. The signing was part of the third

ONGC in talks with domestic shipyards for offshore drilling rigs

November 30, 2024 Fuel, Maritime, Shipyards, Tanker
NEW DELHI : Oil and Natural Gas Corporation (ONGC) is in preliminary talks with domestic shipyards to construct two offshore jack-up drilling rigs, estimated to cost USD 500-550 million. The plan, recently approved by

ICG conducts 11th National Maritime Search & Rescue Exercise off Kochi coast

November 30, 2024 Maritime, Defence, Navy, Shipping, Trending News
KOCHI : The Indian Coast Guard (ICG) conducted the 11th edition of National Maritime Search and Rescue Exercise (SAREX-2024) off the Kochi coast on November 29, 2024. The two-day exercise was inaugurated by Defence Secretary

GRSE commences Steel-Cutting of an ORV for NCPOR, MoES

November 30, 2024 Maritime, DockS, Ship Building, Ship Recycling, Shipyards, Trending News
KOLKATA : In keeping with its proven commitment towards customers and the capability to handle multiple projects of various classes concurrently, Garden Reach Shipbuilders and Engineers (GRSE) Ltd commenced steel-cutting of an Ocean Research

Senior Maritime Law Enforcement and Regulatory Officers gather to strengthen fight against Piracy and Sea Robbery in Asia

November 30, 2024 International Shipping, Global Trade, Maritime, Maritime Piracy, Ocean Attack, Terrorism, Trending News
INCHEON : The ReCAAP Information Sharing Centre (ISC), with the support of the Republic of Korea Ministry of Oceans and Fisheries, also the Focal Point for Republic of Korea, concluded a five-day Capacity Building

Baltic index drops to 10-month low as rates across segments dip

November 30, 2024 International Shipping, Dry Bulk Shipping, Maritime, Shipping Line, Trade, Trending News
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, logging its second straight weekly loss,

Indian shipping directorate consults on India P&I Club

November 29, 2024 Shipping, Maritime, Trending News
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 of Shipping has issued a tender
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