LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday and posted its third straight weekly loss, weighed down by weaker rates
MUMBAI : HMM has signed a Memorandum of Understanding (MOU) with the Jawaharlal Nehru Port Authority (JNPA) to collaborate on developing Vadhvan Port in India. Under the MOU, HMM will support the development and
MUMBAI : HMM announced the launch of a new INX (India North Europe Express) service at a trade get-together in Mumbai on January 17, 2025. The new service will offer a direct connection from
COPENHAGEN : Japan Marine United (JMU) announced the delivery of the methanol-ready 12,800 TEU container ship MAERSK EUNAPOLIS on January 17, 2025. The vessel, built at JMU’s Kure Shipyard in Hiroshima Prefecture, is the
GENEVA : Container liner MSC Mediterranean Shipping Co. SA said it will continue to send its ships around Africa’s southern tip until further notice, a sign that any resumption to normal trade flows through the Red Sea is
COURBEVOIE (FRANCE) : According to the latest data released by Alphaliner, as of January 14, there were 7,211 container ships in service worldwide, with a total capacity of 31.5604 million TEUs, equivalent to about
KLAIPEDA : The first ever green hydrogen and electricity-powered ship in Lithuania, commissioned by the Klaipėda State Seaport Authority, has been moved from shipyard into water. Leaving no trace on the environment, it will
LONDON : NorthStandard has launched a new H&M and P&I product for smaller commercial vessels, typically up to 10,000 gross tonnes. The new offering will also include War, Loss of Hire and other ancillary
DUBAI : Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World’s Deputy Chief Executive, Mr. Yuvraj Narayan said, adding that could see freight
LONDON : A new report from UCL’s Energy Institute Shipping and Oceans Research Group assesses the financial risks to the shipping industry from stranded assets due to stricter GHG regulations, due for adoption at