Baltic index slips to three-week low on weaker capesize, panamax rates
LONDON : The Baltic Exchange’s main sea freight index fell to over a three-week low on Monday, weighed down by weakness in the capesize and panamax vessel segments.
LONDON : The Baltic Exchange’s main sea freight index fell to over a three-week low on Monday, weighed down by weakness in the capesize and panamax vessel segments.
LONDON : The MEPC 81 meeting concluded on 22nd March 2024, further clarifying the risk and opportunity both for the international shipping value chain’s commercial decision making, and
SINGAPORE : PSA International has reported earnings of $1.46 billion for the FY2023 ended Dec 31, 2023, down 6.3% compared to its $1.56 billion earnings in FY2022. For
MUMBAI : State-run Mazagon Dock Shipbuilders Ltd (MDL) on Thursday (March 21) said the company will lease a land parcel measuring 14.55 acres from the Mumbai Port Authority
LONDON : IMO has agreed on an illustration of a possible draft outline of an “IMO net-zero framework” for cutting greenhouse gas emissions (GHG) from international shipping. This
NEW DELHI : A Chinese satellite and missile tracking vessel is approaching the Indian Ocean, raising concerns in India, said Damien Symon, a geo-intelligence expert, on Friday. He
YEMEN : Houthi rebels here—who have been attacking ships passing through the Red Sea in an apparent show of support for Hamas in the Israel-Hamas War—have reached a
LONDON : IMO is advancing discussions on legally-binding ‘mid-term’ measures to help the maritime industry achieve net zero shipping, as set out in the 2023 IMO Strategy on the Reduction
NEW DELHI : The Indian Navy is playing an important role as a security provider in the Indian Ocean Region, with repeated operations demonstrating its capabilities, particularly in
GENEVA : In a world facing unprecedented challenges, the Global Supply Chain Forum (GSCF) 2024 is set to provide a crucial platform for leaders and experts to discuss the changing