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Baltic Index hits Over One-Week Peak on Higher Capesize Vessel Rates

LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose to a more...

PSA Chennai welcomes the TTX Service

CHENNAI : PSA Chennai proudly marked the maiden call of the Tamil Nadu – Thailand Express (TTX) Service on 4th May 2025 — a...

CMA CGM Group launches the first global recruitment website dedicated to Seafarers

MARSEILLE : CMASHIPS.com is an open gateway for seafarers from around the world to apply for positions aboard CMA CGM Group vessels. It brings...

Hapag-Lloyd with good start to the year, market environment remains highly volatile

HAMBURG : Hapag-Lloyd has concluded the first quarter of 2025 with a Group EBITDA of USD 1.1 billion (EUR 1.0 billion). In the same...

Kassø e-methanol facility officially inaugurated

KASSO (DENMARK) : The Kassø e-methanol facility in Aabenraa, Denmark, has been officially inaugurated and is now supplying e-methanol to offtakers. Developed by European Energy...

India’s Major Ports achieve historic milestones by cargo handling of 855 million tonnes in FY 2024-25 with an annual growth of 4.3%

NEW DELHI : India’s Major Ports have consistently demonstrated remarkable progress over the past decade, with FY 2024-25 emerging as a milestone year in...

Strong industry turnout for Indian Register of Shipping Stakeholder Event in Dubai

DUBAI : Indian Register of Shipping (IRS), a leading international classification society, marked a significant presence at the Seatrade Maritime Middle East 2025, showcasing its...

Yang Ming Reports Q1 2025 Financial Results

KEELUNG CITY : Yang Ming Marine Transport Corporation (Yang Ming) held its 403rd Board Meeting on May 13 to approve its Q1 financial report...

MacGregor to deliver electric cargo cranes for Vertom’s multipurpose vessels built in India

HELSINKI : MacGregor has secured an order from the Vertom group, a Netherlands-based shipowner and maritime service provider, to deliver fully electric cargo cranes...

Countries sharpen oil spill response in the Red Sea

HURGHADA (EGYPT) : Countries in the Red Sea region are taking steps to improve their preparedness and response systems for major marine pollution incidents...

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