March 17, 2026
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Drewry: World Container Index down by 4% last week

October 21, 2024 Container, International Shipping, Maritime, Shipping Line, Trade, Trending News
LONDON : Drewry’s World Container Index decreased 4% to $3,216 per 40ft container last week.

MoPSW says that the cargo volume at 12 major ports rises 5% to 413.74 MMT in September

October 19, 2024 Maritime, Ports, Transport, Trending News, Water Transport
NEW DELHI : Cargo volume handled by 12 major ports rose by 5.03 per cent to 413.747 million metric tonnes (MMT) in September, the Ministry of Ports, Shipping and Waterways said on Thursday. In

Odisha : National Waterways 5 to connect Talcher with Paradip and Dhamra Ports

October 19, 2024 waterways, Ports, Shipping, Trending News
BHUBANESWAR : In a major boost for Inland Waterways, Talcher will be connected with major ports including Paradip and Dhamra in Odisha.The Odisha government is working with the Inland Waterways Authority of India (IWAI)

ClassNK awards world’s first notation for ships using green steel – for NYK Bulk & Projects’ bulk carrier ‘BRIGHT QUEEN’ –

October 19, 2024 International Shipping, Maritime, Shipping Line, Trending News
TOKYO : ClassNK has granted the class notation ‘a-EA (GRS)’ to ‘BRIGHT QUEEN’, the bulk carrier operated by NYK Bulk & Projects Carriers Ltd., certifying the use of green steel. This is the world’s

ClassNK grants Innovation Endorsement for Products & Solutions to ‘SEEMS’ developed by Samundra Institute of Maritime Studies

October 19, 2024 International Shipping, Education, Maritime, Technology, Trending News
TOKYO : ClassNK has granted its Innovation Endorsement for Products & Solutions to Ship Energy Efficiency Monitoring System (SEEMS) developed by Samundra Institute of Maritime Studies. In order to promote the spread and development

IWT offers robust growth opportunities via PPPs

October 18, 2024 waterways, Inland Waterways, Transport, Trending News
NEW DELHI : The Indian Inland Waterways Transport (IWT) sector presents significant opportunities for growth through public-private partnerships (PPPs), and the government is eyeing expansion of the PPP model to drive development, according to

HSL signs contract with VPA for 60T BP Tug construction

October 18, 2024 Ship Building, Shipyards, Trade, Trending News
NEW DELHI : Hindustan Shipyard Limited (HSL) signed a contract with Visakhapatnam Port Authority (VPA) on Wednesday for construction of 60T Bollard Pull Tug. The tug will be designed in-house with IRS Class, is

Red Sea shipping crisis : Oil flows through Bab el-Mandeb Plummets by over half in 2024

October 18, 2024 International Shipping, Maritime, Trending News
DUBAI : The flow of crude oil and oil products through the strategic Bab el-Mandeb Strait has plummeted by over 50% in the first eight months of 2024, according to the U.S. Energy Information Administration,

Ukraine requests monitoring mission at Odesa Ports amid Russian strikes

October 18, 2024 Maritime, Foreign Ports, Global Trade, Ocean Attack, Trending News
ODESA : Minister of Foreign Affairs Andrii Sybiha held negotiations with his colleagues from the Nordic-Baltic Eight countries, Foreign Ministers Maria Malmer Stenergard (Sweden),  Lars Løkke Rasmussen (Denmark), Margus Tsahkna (Estonia), Baiba Braže (Latvia),

TMS announces MC for The Maritime Standard Awards 2024

October 18, 2024 Maritime, Trade, Trending News
DUBAI : The Maritime Standard has confirmed that the well-known actress, comedian, impressionist and singer, Debra Stephenson, will host this year’s The Maritime Standard Awards, which take place on Wednesday November 6th at the
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