Unfair treatment of seafarers growing : IMO Secretary General
LONDON : IMO Secretary General Arsenio Dominguez called for the release of the crews of Galaxy Leader and MSC Aries in his opening remarks to the IMO Legal Committee meeting. Dominguez said there was
Klaipėda Port with the PERS certificate joins the club of the most environmentally friendly ports
PARIS : Klaipėda Port is the first port in the Baltic States and one of the 35 ports in Europe to be certified under the Port Environmental Review System (PERS). On Friday, at the
DP World and Sabah Ports to bolster handling capacity at Sapangar Bay Container Port in East Malaysia
SABAH : DP World and Malaysia’s Sabah Ports Sdn. Bhd established a partnership to manage Sapangar Bay Container Port (SBCP) to cement SBCP’s position as the premier regional trade hub for the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN
Attacks on Red Sea shipping forces 66% decline in Suez Canal traffic – ONS
NEW PORT : Shipping traffic through the vital Suez Canal artery in Egypt has plunged by 66% since cargo was forced to divert due to attacks on vessels by Houthis, according to official figures.
Baltic index down for 4th day as larger vessel rates dip
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fourth consecutive session on Thursday, pressured by lower rates for the larger vessel segments.
Dry Bulk shipping fundamentals seen improving moving forward : BIMCO
LONDON : We expect the supply/demand balance to strengthen in 2024 and weaken in 2025. Supply is estimated to grow by 2-3% in 2024 and 1.5-2.5% in 2025, while demand is projected to grow
Shipping regulator issues ‘urgent advisory’ to recruiting agencies amid West Asia tensions
MUMBAI : Maritime sector regulator Directorate General of Shipping (DGS) has issued an ’urgent advisory‘ for Indian recruiting agencies and seafarers amid the ongoing situation in Iran and Israel to ensure safety of the
US-led forces intercept Houthi missile and drones targetting ‘MV Maersk Yorktown’
WASHINGTON : A coalition vessel successfully engaged one anti-ship ballistic missile launched from the Iranian-backed Houthi “terrorist-controlled areas” in Yemen over the Gulf of Aden, the US Central Command said on Thursday. “The