Baltic Index extends falls to hit two-week low
LONDON : The Baltic Exchange’s main Sea Freight index, which measures rates for ships carrying dry bulk commodities, fell for a fourth straight session to a two-week low
CMA CGM reports stable Results in an uncertain Economic environment
MARSEILLE : The Board of Directors of the CMA CGM Group, a global player in sea, land, air and logistics solutions, met under the chairmanship of Rodolphe Saadé,
Samudera Shipping Line reports strong 1Half 2025 Net Profit
SINGAPORE : Samudera Shipping Line reported a two-fold increase in net profit to USD41.8 million, from USD20.9 million in 1H2024. This came on the back of a 28.0%
Houthis say they hold 10 crew from Greek-operated ship they sank off Yemen
SANNA : Yemen’s Iran-aligned Houthis said on Monday they had rescued 10 seafarers from the Greek-operated cargo ship Eternity C, which they attacked and sank in the Red
CONCOR strengthens trade ties through customer meet in Indore
INDORE : In a move to bolster its relationship with trade partners and enhance service delivery, Container Corporation of India Ltd. (CONCOR) hosted an interactive customer meet in
Indian Seafarers sound alarm over DGS Circular 31 of 2025; Union urges immediate revocation
MUMBAI : In a strong appeal to the Directorate General of Shipping (DGS), the All India Seafarer & General Worker Union has raised serious concerns over the impact
Maersk begins operations at Milazzo Port, Sicily
SICILY : Maersk has officially commenced operations at the Port of Milazzo, further strengthening its network connectivity in Southern Italy. Strategically located near the Strait of Messina, Milazzo
ICD Dahej achieves milestone by handling First Export Container
DAHEJ : The GCT MMLP Inland Container Depot (ICD) Dahej (INDAH6), a joint initiative between the Gujarat Industrial Development Corporation (GIDC) and Container Corporation of India Ltd (CONCOR),
CMA CGM adding the Shipping Service “LRX” to Jeddah Islamic Port
RIYADH : The Saudi Ports Authority (Mawani) has announced the addition of the new shipping service LRX, operated by CMA CGM, to Jeddah Islamic Port. This step contributes
Drewry: World Container Index drops further last week
LONDON : Drewry’s World Container Index decreased 3% to $2,517 per 40ft container this week. Drewry’s detailed assessment for Thursday, 24 Jul 2025