KEELUNG CITY: Yang Ming Marine Transport Corporation (“Yang Ming”) signed contracts for six 8,000 TEU-class methanol dual-fuel-ready containerships with Nihon Shipyard Co., Ltd. (“Nihon Shipyard”), Imabari Shipbuilding Co., Ltd. (“Imabari Shipbuilding”), and Shoei Kisen
LONDON: The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged lower on Friday and recorded its weakest monthly performance since April. The main index, which tracks
LONDON: Drewry’s World Container Index increased 4% to $1,822 per 40ft container last week. Drewry’s detailed assessment for Thursday, 30 Oct 2025 Ocean spot market freight rates against 6,700 global port pairs If you
MUMBAI: In a major push towards India’s port infrastructure expansion, Jawaharlal Nehru Port Authority (JNPA) , the country’s largest container port, signed three significant Memorandums of Understanding (MoUs) on the second day of India
SINGAPORE : CMA CGM has received the Green Ship Award at the Singapore Registry of Ships Forum 2025, marking concrete progress in reducing the environmental impact of shipping. The CMA CGM SEINE and the
By Bryn Heimbeck, President and Co-Founder of Trade Tech Warren Buffett recently affirmed a principle at the heart of global progress: “balanced trade is good for the world,” noting, “the more prosperous the rest of the world becomes, …
ROTTERDAM: Dutch maritime solar innovator Wattlab has delivered a seaworthy solar energy system for globally operating shipping, trading, and maritime services company Vertom. The recently delivered ‘MV Vertom Tula’ is a 7,280 dwt diesel-electric
MUMBAI: On the sidelines of India Maritime Week 2025, a high-level meeting was convened between Shri Vijay Kumar (IAS), Secretary, Ministry of Ports, Shipping and Waterways (MoPSW); Shri Shyam Jagannathan, Director General of Shipping;
MUMBAI: On the sidelines of India Maritime Week 2025, the Directorate General of Shipping (DG Shipping) held a high-level meeting with the Senior Director of A.P. Moller – Maersk Group to explore avenues for
MUMBAI : A proud milestone for PSA Mumbai — since commencing operations in early 2018, the terminal has successfully handled over 11 million TEUs (twenty-foot equivalent units), reinforcing its position as a key gateway