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Drewry: World Container Index down 2.6% last week

LONDON : Drewry’s World Container Index decreased 2.6% to $2,602 per 40ft container this week. For many years, World Container Index has been the go-to,...

Baltic Index posts Biggest Weekly Gain in four months on Capesize increase

LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, jumped on Friday, posting its biggest...

New report highlights the important role of voluntary insetting in accelerating shipping’s energy transition, with caveats

LONDON : New analysis by UCL Energy Institute, with the assistance of UMAS, analysing voluntary insetting schemes in the maritime sector suggests that they...

CULines introduces Dual Services CSX + CWS to strengthen South Asia Service

SHANGHAI : In response to increasing customer shipping demands, CULines has further optimized its South Asia route network by adding two new India-Westbound routes,...

UN council authorizes continuing vigilance of attacks by Yemen’s Houthi rebels on Red Sea shipping

NEW YORK : The U.N. Security Council on Tuesday authorized continued reporting on attacks on ships in the Red Sea by Yemen’s Houthi rebels,...

INTERCARGO-Member Fleets Outperform on Safety and Compliance

LONDON : Dry bulk carriers entered with INTERCARGO continue to demonstrate stronger performance than the global fleet average on safety and compliance, according to...

ClassNK launches ‘ClassNK Fleet Cost Simulation’ Service

TOKYO : ClassNK has launched a new service, ‘ClassNK Fleet Cost Simulation’, as part of its ‘ClassNK Transition Support Services’, which aims to facilitate...

Baltic Dry Index hits One-Month High on Capesize Strength

LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose on Wednesday to a one-month...

IMO : 2026-27 World Maritime Day theme to take policy to practice

LONDON : IMO's Two-year theme to focus on putting instruments into action, backed by technical support. ‘From Policy to Practice: Powering Maritime Excellence’ has been selected...

LR Maritime Decarbonisation Hub joins the MMMCZCS as Knowledge Partner

The aim of the new partnership is to advance safety, drive innovation and enable the scalable adoption of sustainable marine fuels to accelerate shipping’s...
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