LONDON : The Baltic Exchange’s dry bulk sea freight hit a more than three-week high on Thursday, driven by robust demand across all vessel segments. The overall index, which factors in rates for capesize,
NEW DELHI : India on Friday delivered the first batch of BrahMos supersonic cruise missiles and launchers to the Philippines, two years after the two countries signed a deal worth almost $375 million to
LONDON : The ongoing conflict between Iran and Israel has the potential to further disrupt the shipping industry, raising global concerns about maritime security and increasing the war-risk premium for ships operating in the
MOSCOW : Russia is pressing ahead with the construction of two new transport corridors linking Asia and Europe, seeking to weaken sanctions over its war in Ukraine at the same time as Middle East
SINGAPORE : The DNV and Menon Economics Leading Maritime Cities report saw only one change in the top five with Oslo replacing Tokyo in fifth position. The findings of the report were presented at
WARRINGTON : At a time when rapid advancements in maritime connectivity and shipboard technology are leaving vessel networks increasingly vulnerable to attack, the International Association of Classification Societies’ (IACS) unified requirements (URs) E26 and
KOBE : Imoto Lines and Marindows, as a first step in transforming the future of domestic maritime shipping, will build the next generation of zero-emission domestic container ships capable of hybrid operation using Japan’s
LONDON : IMO’s Facilitation Committee has taken steps to further advance the digitalization of the shipping sector, while addressing cyber-security threats and the regulation of new technology such as autonomous ships. The Facilitation Committee
NEW DELHI : The Indian government has put the country’s Navy on high alert to respond quickly to calls of distress from ships, both Indian and foreign flag carriers, moving through the strife-torn Persian
MUMBAI : SHM Shipcare, a pioneering force in India’s shipbuilding, maritime, and offshore sector and a renowned provider of life-saving services worldwide, unveiled a ground-breaking innovation, signalling the dawn of “Wings-to-Waves” transformation within the nation’s vital